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$330,000

1513 S Fm 1138, Royse City, TX, 75189

$380,092 ARVInfo
On MarketInfo
Just AddedInfo
Beds— Beds
Baths— Bath
Baths1,568 Sq Ft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

About this property

LOOK AT THIS! 7.12 acres of flat grassland located just a few miles from HWY 66 (Main Street) and about 10 minutes from shopping and dining amenities located off I-30. Tremendous opportunity to acquire 7+ acres east of Dallas. Parcel is rectangular shaped and would make the perfect home site for a single family home or bring a mobile home out to the property. Just imagine those lazy evenings staring up at the stars. Many storage facilities are already on the property, plus there is a parking pad with a carport cover over it. Utilities are available at the street. Per owner, pigs are not permitted. The mobile home on the property will be removed prior to closing. Please do not attempt to access the mobile home interior. There is a septic system on the property, but the condition and functionality of the system are unknown. No survey available.

Investor Tools

$0Estimated Mortgage Balance
$328,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$380,091
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,980 /month
Positive
Cash Flow Estimate:
$660 /month

Interested in this property?

Bryan Davis

Keller Williams Central

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,545
$100,549
2026
N/A
$100,549
$100,549
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,545
$100,549

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$328,000
100%
0%
$0/mo

City: Royse City

1513 S Fm 1138 | Property Details | No Agent List