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$393,601

NAL Estimated Property Value

117 Lisa Ln, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,651 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.31 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size6,882 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN3721-000B-0036-00-0R
Lot Number36
SubdivisionFrost Farm
Land UseResidential
Legal DescriptionFROST FARM, BLOCK B, LOT 36
Census Tract040411
Assessed Land Value$85,000
Assessed Improvement Value$308,601
Assessment Year2025

About this property

Discover your dream home at 117 Lisa Lane in the serene Frost Farm community—free from MUD and PID! This stunning Meritage-built property is a 4-bedroom, 2.5-bath masterpiece set on an oversized lot with a covered patio, perfect for outdoor relaxation and entertaining. Step inside to a home flooded with natural light, where the chef's kitchen steals the show with white cabinetry, sparkling white granite countertops, stainless steel appliances, and a center island, ideal for culinary adventures or gathering with loved ones. The primary suite is a true retreat, featuring a spacious walk-in closet and an ensuite bath complete with dual vanities and a large walk-in shower. Upstairs, enjoy a sprawling game room, flex room, and three additional bedrooms with a shared bath—offering plenty of space for family and guests. Nestled in the charming Frost Farm neighborhood, just 30 minutes from downtown Dallas, this home combines small-town allure with big-city convenience. Located right off I-30, you'll have easy access to shopping, dining, parks, and trails—making it the perfect blend of comfort and connectivity.

Investor Tools

Property Icon
$393,601
Estimated Property Value
$0Estimated Mortgage Balance
$393,601Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,362 /month
Positive
Cash Flow Estimate:
$787 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,870
$393,601
2025
$85,000
$308,601
$393,601
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,870
$393,601

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$393,601
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$540/mo
+$2,030/mo
7.8%

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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117 Lisa Ln | Property Details | No Agent List