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$649,000

11620 County Road 586, Royse City, TX, 75189

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,800 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$360.56 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRV Hookup

Building Information

Garage Spaces2

About this property

COUNTRY LIVING WITH THE EXTRAS ALREADY IN PLACE. This exceptionally well maintained home sits on 6.2 acres in Collin County and offers a rare combination of comfortable living, usable acreage, outbuildings and features designed for the country lifestyle. The property is fully fenced and cross fenced and is currently home to sheep, making it ready for animals, hobbies or homesteading. Inside, the home has been exceptionally well cared for and offers a spacious layout along with convenient smart home features including smart bulbs. Owner states the home also features emergency egress windows. The existing foundation is already set up for FHA financing, with the current loan being FHA. Outside is where this property really stands out. A 24 x 30 shop provides excellent space for projects, equipment and storage. Solar panels serve both the home and shop. Additional improvements include a loafing barn, chicken coop, rabbit house that could easily serve other uses, RV hookup and automatic gated entry. The roof is approximately 1 to 2 years old and gutters have been added. The acreage offers more than what you see from the home. The property extends beyond the back tree line to a creek, adding privacy and character to the land. With 6.2 acres, fencing, cross fencing and multiple improvements already in place, this property offers room for animals, equipment, recreational use and the freedom to enjoy country living. Located outside city limits with room to spread out while still convenient to surrounding communities, this is a property that has been thoughtfully set up and exceptionally maintained. Bring the animals, RV, projects and plans and make it your own.

Investor Tools

$0Estimated Mortgage Balance
$255,328Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

Interested in this property?

Barbara Thomas

OnwardTX Real Estate Advisors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$834/month
No HOA
5.947%

City: Royse City

11620 County Road 586 | Property Details | No Agent List