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$476,267

NAL Estimated Property Value

105 N Jones Street, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,275 Sq Ft
price_per_sqft$204.4 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size26,441 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN3410-000N-0001-03-0R
Lot Number1
SubdivisionCollege
Land UseResidential
Legal DescriptionCOLLEGE, BLOCK N, LOT 1 AND PART OF 2, 3 AND 4 AND ADAMS & ALLEY, ACRES 1.5840
Census Tract040405
Assessed Land Value$132,000
Assessed Improvement Value$344,267
Assessment Year2025

About this property

Located just half a mile from the heart of downtown Royse City, this one-of-a-kind property offers a rare combination of space, flexibility, and craftsmanship, all with no HOA on over half an acre of land. One of the standout features is the impressive 35’ x 35’ insulated shop, a true rarity in this area. Complete with electricity and plumbing, the shop is designed with functionality in mind and includes three roll up doors, multiple 110 outlets, and a 220 outlet. Whether for projects, storage, or future customization, it is a feature that adds meaningful, practical value and is not easily found on comparable properties. Inside, the home is thoughtfully designed with 3 bedrooms plus a dedicated study, so you can enjoy a true home office or flex space without sacrificing a bedroom. The layout flows comfortably, with an inviting living space accented by an Austin stone fireplace, among other details that reflect the care put into the home. What you don’t immediately see is just as important. This home was built with enhanced, engineered structural features, including 48 piers, hurricane straps and 2x6 studs that help anchor the home more securely to its foundation. It is a level of construction quality that contributes to long-term durability and peace of mind. With close proximity to local shops, dining, and community events in downtown Royse City, along with easy access to I 30, this property offers the best of both convenience and independence. All information is deemed reliable but is not guaranteed. All schools, measurements, and listing details are to be confirmed by buyer.

Investor Tools

Property Icon
$476,267
Estimated Property Value
$260,356Estimated Mortgage Balance
$215,911Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,858 /month
Positive
Cash Flow Estimate:
$953 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,724
$476,267
2025
$132,000
$344,267
$476,267
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,724
$476,267

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
1st 2nd Mortgage Co Of New Jersey Inc
Conventional
$299,250
No
First
Oct 21, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,356
$215,911
45%
55%
$1,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,795/mo
+$775/mo
6.5%

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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105 N Jones Street | Property Details | No Agent List