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$263,921

NAL Estimated Property Value

1106 Farm Court, Royse City, TX, 75189

Off MarketInfo
LeaseInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
price_per_sqft$1.3 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size7,797 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNR-12181-00J-0560-1
Lot Number56
SubdivisionMagnolia Phase 4 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 4 (GCN), BLK J, LOT 56
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$183,921
Assessment Year2025

About this property

Furnished single story home for lease. Built in 2020 with 3 bedrooms, 2 baths on a cul de sac lot. Spacious and open living floorplan with high ceilings. Kitchen with granite countertop, ss appliances, and a big island with breakfast bar open to the dining and living room. Luxury vinyl planking throughout the living, dining, kitchen and hallway. Master Bath with two walk in closets and split bedrooms. Washer Dryer and Refrigerator are included. Covered patio and a huge grassy backyard. Community pool, trails and pond make for great outdoor living.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,245
$263,921
2025
$80,000
$183,921
$263,921
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,245
$263,921

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$195,875
Yes
First
May 21, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,165
$86,756
32%
67%
$1,175/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,175/mo
+$1,395/mo
11.7%

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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1106 Farm Court | Property Details | No Agent List