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$259,900

1201 Cyprus Drive, Royse City, TX, 75189

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,869 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.06 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Must-SellHigh 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 Range

Exterior

Lot Size17,076 sqft

Building Information

Year Built2006
Stories1
Garage Spaces1

Land Information

APN3154-000B-0013-00-0R
Lot Number13
SubdivisionBriarstone Estates
Land UseResidential
Legal DescriptionBRIARSTONE ESTATES, BLOCK B, LOT 13
Census Tract040410
Assessed Land Value$78,000
Assessed Improvement Value$233,460
Assessment Year2025

About this property

WOW, WHAT A BUY!!!! Look at the price for this square footage and lot size in Royse City!!!!! This home is in a sought after Royse City neighborhood being so close to I 30 for an easy commute. If you are looking for a BIG back yard, you just found it! Being situated on a curve of the street has allowed for one of the largest lots in Briarstone Estates, and with no neighbors directly across the street. The super cute curb appeal will bring you in! You'll love the wide open floorplan bringing the kitchen, formal dining area and living room together for all the family get togethers. This home brings so much warmth it really invites you in to just kickback, relax and enjoy. The living room has plenty of room for large furniture with a cozy wood burning fireplace. The kitchen has so much room there won't be any bumping elbows here preparing the family meals! You'll love the convenience and size of the walk in pantry. The expansive primary bedroom, has plenty of room for a sitting area to settle in for the night. Lots of space in the attached ensuite, offering a shower and tub for relaxing at the end of the day. Very nice sized walk-in closet that has plenty of room for his and hers. The secondary bedrooms are also extremely roomy which you just don't find in new builds anymore. Walk out to the huge back yard and start planning your back yard oasis. Grab the kiddos or the dog and take a walk to the cute community park just around the corner. This home is a clean well maintained home, just bring your vision to really make it your own! Reduction is due to this being an estate sale and sellers are ready for an offer! Don't miss this opportunity!

Investor Tools

$200,388Estimated Mortgage Balance
$111,072Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,869 /month
Positive
Cash Flow Estimate:
$623 /month

Interested in this property?

Jody Crocker

1st Choice Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
$288/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,514
$311,460
2025
$78,000
$233,460
$311,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,514
$311,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Conventional
$217,000
No
First
Apr 15, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,388
$111,072
35%
64%
$1,302/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,590/mo
+$980/mo
9.9%

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.

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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1201 Cyprus Drive | Property Details | No Agent List