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$635,188

NAL Estimated Property Value

1042 S Munson Rd, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,081 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$264.3 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave
FlooringOther

Exterior

Private PoolPrivate Pool
Lot Size2 acres

Building Information

Year Built2018
Stories1
Garage Spaces2

Land Information

APNS4473-0000-0005-00-0R
Lot Number5
SubdivisionMunson Road Estates
Land UseResidential
Legal DescriptionMUNSON ROAD ESTATES, LOT 5
Census Tract040514
Assessed Land Value$220,000
Assessed Improvement Value$415,188
Assessment Year2025

About this property

Multiple offers received!! Welcome to your dream home! This stunning modern farmhouse, built in 2018, offers a perfect blend of contemporary design and rustic charm. Nestled on a spacious 2-acre lot in the heart of Royse City, Texas, boasting 3 cozy bedrooms, 2 elegant bathrooms, and a versatile study-game room. Discover a bright and airy open floor plan, accentuated by modern white kitchen finishes and cabinets that create a sleek, stylish space perfect for culinary adventures. Relax and unwind in your very own cocktail pool, an inviting oasis for those warm Texas afternoons. The expansive lot provides ample space for outdoor activities, gardening, or simply enjoying the serene country atmosphere. Don't miss out on this rare opportunity to own a beautiful modern farmhouse in a peaceful setting, yet conveniently close to all the amenities Royse City has to offer. Make this exquisite property your new home!

Investor Tools

Property Icon
$635,188
Estimated Property Value
$571,696Estimated Mortgage Balance
$63,492Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,811 /month
Positive
Cash Flow Estimate:
$1,270 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$664/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,795
$635,188
2025
$220,000
$415,188
$635,188
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,795
$635,188

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Va
$588,293
Yes
First
Oct 8, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$571,696
$63,492
9%
90%
$3,528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$3,528/mo
$-958/mo
4.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1042 S Munson Rd | Property Details | No Agent List