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$289,000

1322 Bushel Dr, Royse City, TX, 75189

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.45 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator

Exterior

Lot Size7,492 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12177-00D-0220-1
Lot Number22
SubdivisionMagnolia Phase 5 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 5 (GCN), BLK D, LOT 22
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$183,259
Assessment Year2026

About this property

This home includes a beautiful brick and stone elevation and is only 5 years old. There are 4 bedrooms and 2 full baths. Square footage is 1,790 but seems much larger due to the well laid out floor plan. Split Bedrooms (private master at back of home and guest bedrooms at the front). The spacious kitchen includes stainless steel appliances, granite countertops, and a large island with a breakfast bar. The backyard is large and includes a large covered patio. This home has a water filtration system. The roof was just replaced last year (2025). The electric bills are very reasonable due to the solar panels. The beautiful community is very nicely maintained and has pools, splash pad, parks, walking trails and a fishing pond. Close proximity to at least three lakes (30 to 45 minute drive). NOTES: 1. Seller's mortgage loan is assumable (2.875%); 2. Seller has a loan balance on solar panels that must be transferred to buyer (or paid at closing); 3. Seller has a loan balance on water filtration system (seller will continue to pay through automatic withdrawal).

Investor Tools

$202,053Estimated Mortgage Balance
$61,206Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,734 /month
Positive
Cash Flow Estimate:
$578 /month

Interested in this property?

Deborah Allen

CENTURY 21 Judge Fite Co.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$676/month
$288/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,798
$263,259
2026
$80,000
$183,259
$263,259
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,798
$263,259

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$223,827
Yes
First
Sep 25, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$202,053
$61,206
23%
77%
$1,342/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,630/mo
+$1,720/mo
15.3%

City: Royse City