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$374,900

1009 Parkfield Road, Royse City, TX, 75189

$438,567 ARVInfo
Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,859 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$131.13 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2.5Bathrooms 2.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNS3441-000F-0002-00-0R
Lot Number2
SubdivisionCreekshaw Subdivision Phase 1b
Land UseResidential
Legal DescriptionCREEKSHAW SUBDIVISION PHASE 1B, BLOCK F, LOT 2
Census Tract040411
Assessed Land Value$100,000
Assessed Improvement Value$322,448
Assessment Year2025

About this property

*** $10,000 offered in Seller Concessions*** Welcome to this beautifully designed 4-bedroom, 2.5-bath home located in the highly desirable master-planned community of Creekshaw! From the moment you walk in, you’ll notice the soaring ceilings, abundant natural light, and spacious open-concept layout perfect for everyday living and entertaining. The living room showcases a stunning floor-to-ceiling custom electric fireplace, creating a true centerpiece of the home. The kitchen features granite countertops, ample cabinetry, and overlooks the main living and dining areas. A dedicated office with custom built-ins provides the ideal work-from-home setup, while the upstairs game room offers additional flexible living space for entertaining or relaxing. Step outside to a private backyard with no rear neighbors, backing to peaceful open fields for added privacy and beautiful views. Creekshaw offers an incredible lifestyle with hike-and-bike trails connecting neighborhoods to pocket parks and open green spaces, along with a resort-style community pool, playgrounds, event pavilion with fireplace, and plenty of outdoor gathering areas. Combining thoughtful upgrades, beautiful finishes, and exceptional community amenities, this home delivers the perfect blend of comfort, style, and convenience in one of Royse City’s most sought-after communities.

Investor Tools

$351,885Estimated Mortgage Balance
$70,563Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$438,567
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,535 /month
Positive
Cash Flow Estimate:
$845 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,066/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,682
$422,448
2025
$100,000
$322,448
$422,448
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,682
$422,448

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$368,000
No
First
Jan 19, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$351,885
$70,563
16%
83%
$2,207/mo

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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1009 Parkfield Road | Property Details | No Agent List