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$743,092

NAL Estimated Property Value

1221 Malone Dr, Royse City, TX, 75189

$761,039 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,164 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.95 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Oven, Tankless Water Heater, Vented Exhaust Fan

Exterior

Lot Size1 acre

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APNR-12673-000-0220-1
Lot Number22
SubdivisionMoores Lake Estates Phase 2 (Gcn)
Land UseResidential
Legal DescriptionMOORES LAKE ESTATES PHASE 2 (GCN), LOT 22
Census Tract031202
Assessed Land Value$160,000
Assessed Improvement Value$583,092
Assessment Year2025

About this property

PRICE REDUCED!!! Gorgeous new construction sprawled out on a one-acre lot with custom upgrade options available for this 4Bed 3Bath and a powder bathroom, that will put this gem at the top of your list. The current design offers Natural lighting streams throughout this open airy layout, high ceilings throughout, and gorgeous luxury vinyl flooring. Grand spaciousness continues to the family area offering a great view of the tranquil outdoor living space. Modern bathroom with stand-in showers. Kitchen is a chef's dream equipped with a large center island, quartz countertops, gas cooktop, black custom cabinets with gold color hardware.

Investor Tools

Property Icon
$743,092
Estimated Property Value
$666,270Estimated Mortgage Balance
$76,822Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$761,038
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,459 /month
Positive
Cash Flow Estimate:
$1,486 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$508/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,377
$743,092
2025
$160,000
$583,092
$743,092
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,377
$743,092

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Conventional
$679,250
No
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$666,270
$76,822
10%
90%
$4,073/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$4,373/mo
$-1,023/mo
5.4%

City: Royse City

1221 Malone Dr | Property Details | No Agent List