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$351,311

NAL Estimated Property Value

1021 Colonial Dr, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,018 Sq Ft
price_per_sqft$173.44 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APNR-9016-017-0070-1
Lot Number7
SubdivisionHidden Creek Estates No 2 (Cry)
Land UseResidential
Legal DescriptionHIDDEN CREEK ESTATES NO 2 (CRY), BLK 17, LOT 7
Census Tract031202
Assessed Land Value$90,000
Assessed Improvement Value$261,311
Assessment Year2025

About this property

Impressive 1 story brick home located in Royse City Texas near major highways such as I30 and George Bush. Minutes from Downtown Dallas and Lake Ray Hubbard. Neighborhood is very good, including wide streets, a beautiful creek, walking trails and estate-size lots. Home offers two porches, one in front and one in back, upgraded front elevation, back covered patio, large backyard with privacy fence, floorplan gives open layout, light and bright windows, split bedrooms, cast stone fireplace, granite counter tops, walk in pantry, window seat in breakfast nook. Primary bedroom offers room for sitting, separate shower, garden tub, dual vanities, walk-in closet. Three other bedrooms are very good size and can serve as office. Everything you need is in this very nice home, priced to sell quickly. Offer has been received. Deadline for offers is on Sunday at 5pm.

Investor Tools

Property Icon
$351,311
Estimated Property Value
$313,669Estimated Mortgage Balance
$37,642Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,108 /month
Positive
Cash Flow Estimate:
$703 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$207/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$729
$351,311
2025
$90,000
$261,311
$351,311
No

Tax History

Year
Tax Paid
Assessed Value
2024
$729
$351,311

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$332,500
No
First
Apr 7, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$313,669
$37,642
10%
89%
$1,994/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,119/mo
+$1,231/mo
11.4%

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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1021 Colonial Dr | Property Details | No Agent List