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$284,804

NAL Estimated Property Value

1003 Cotton Gin Ct, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,790 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.26 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size8,886 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12181-00K-0010-1
Lot Number1
SubdivisionMagnolia Phase 4 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 4 (GCN), BLK K, LOT 1
Census Tract031201
Assessed Land Value$84,000
Assessed Improvement Value$200,804
Assessment Year2025

About this property

Spacious 4 bedroom 2bath home for rent in Magnolia Pointe Community. Corner lot home with view of lake. Home features open floor plan with spacious kitchen, island with breakfast bar and eat in kitchen. Large living room, primary bedroom with ensuite and walk in shower. Enjoy covered patio with large fenced backyard. Community offers walking trails, playground and several pools with splash pad.

Investor Tools

Property Icon
$284,804
Estimated Property Value
$208,094Estimated Mortgage Balance
$76,710Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,251
$284,804
2025
$84,000
$200,804
$284,804
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,251
$284,804

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bryann J Ahadi
Seller Carryback / Seller Financing / Seller Take-Back
$219,457
No
First
Jul 19, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$208,094
$76,710
26%
73%
$1,316/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,316/mo
+$2,034/mo
14.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Royse City

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1003 Cotton Gin Ct | Property Details | No Agent List