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$300,000

$2,400

1000 Homestead Ln, Royse City, TX, 75189

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,066 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$145.21 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size7,754 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12181-00J-0470-1
Lot Number47
SubdivisionMagnolia Phase 4 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 4 (GCN), BLK J, LOT 47
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$227,227
Assessment Year2025

About this property

Ideally positioned on a premium cul-de-sac lot beside a peaceful pond, this exceptional Magnolia Pointe residence offers beautiful views, a thoughtfully designed floor plan, and an unbeatable location within the community. The spacious interior flows effortlessly, offering four bedrooms, three full baths, and a dedicated study that provides flexible space for working from home or pursuing favorite hobbies. At the heart of the home, the inviting kitchen features a large center island and opens seamlessly to the dining and living areas, creating a wonderful gathering place for everyday living and entertaining.The spacious primary suite offers a relaxing retreat with a well-appointed bath featuring a separate shower and generous walk-in closet. Three comfortable secondary bedrooms provide plenty of room for guests or additional workspace. Sit back and relax on the covered patio while enjoying the privacy and seclusion of the northeast-facing backyard, complete with soft natural light and protection from the harsh western afternoon sun. Tucked along a quiet street with a charming pocket park, the home is bordered by a greenbelt with scenic pond views and is just steps from Roderick Elementary. Enjoy the abundant amenities of Magnolia Pointe, including swimming pools, playgrounds, walking trails, green spaces, and scenic fishing ponds—all within this beautifully connected community.

Investor Tools

$191,431Estimated Mortgage Balance
$115,796Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,843 /month
Positive
Cash Flow Estimate:
$614 /month

Interested in this property?

Anastasia Riley

Coldwell Banker Realty Frisco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,337
$307,227
2025
$80,000
$227,227
$307,227
No

Tax History

Year
Tax Paid
Assessed Value
2025
$7,337
$307,227

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Conventional
$213,741
No
First
Apr 27, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,431
$115,796
37%
62%
$1,282/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,522/mo
+$1,828/mo
13.1%

City: Royse City

1000 Homestead Ln | Property Details | No Agent List