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B+
NoAgentList RatingHow are grades calculated? Info

$335,000

120 Welch Dr, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,284 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.67 / sqft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size15,028 sqft

Building Information

Year Built2012
Stories1
Garage Spaces1

Land Information

APN5155-000E-0027-00-0R
Lot Number27
SubdivisionSunrise Meadows Ph Ii
Land UseResidential
Legal DescriptionSUNRISE MEADOWS PH II, BLOCK E, LOT 27
Census Tract040410
Assessed Land Value$78,000
Assessed Improvement Value$299,802
Assessment Year2025

About this property

**MULTIPLE OFFERS** SELLER'S REQUEST HIGHEST & BEST DUE 3-31 -MONDAY AT 6PM! Honey, stop the car! Look at this absolutely gorgeous home on a massive third of an acre corner lot. This backyard is a family dream in the heart of Royse City, which was coined the moniker, A Friendly Touch of Texas, Located in Sunrise Meadows, this home sits on a huge corner lot & features open floor plan with large, spacious bedrooms, the eat-in kitchen has a breakfast bar as well as room for a dining table. The kitchen has a beautiful vast skylight giving natural light year round in this kitchen that's perfect for that home chef who loves to bake and cook, or entertain! The living room is large and boast a stone woodburning fireplace with an amazing hearth that is so nice to cozy up to with family and friends in the cold months, and watch the big games! Awesome back covered patio with room to relax and also overlooks the massive backyard. This home is also a short drive to Buc'cee's, fine dining, entertainment, and live music in downtown Royse City, and just a bit of a drive to the Rockwall Harbor. Close proximity to schools for your littles as well, come see me today!

Investor Tools

Property Icon
$377,802
Estimated Property Value
$268,000Estimated Mortgage Balance
$114,923Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,267 /month
Positive
Cash Flow Estimate:
$756 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
$87/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,408
$377,802
2025
$78,000
$299,802
$377,802
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,408
$377,802

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$268,000
No
First
Apr 21, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$262,879
$114,923
30%
70%
$1,607/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,694/mo
+$876/mo
8.2%

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.

Explore Texas Explore This Area
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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