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$345,000

129 Banner Avenue, Royse City, TX, 75189

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,641 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.63 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Tankless Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size6,334 sqft

Building Information

Year Built2021
Stories2
Garage Spaces3

Land Information

APN5298-0010-0190-92
Lot Number19
SubdivisionValor Farms Ph 1
Land UseResidential
Legal DescriptionS5298 VALOR FARMS PH 1 BLK 1 LOT 19 ACRES .1454
Census Tract961401
Assessed Land Value$45,440
Assessed Improvement Value$295,090
Assessment Year2025

About this property

Beautiful 5 bedrooms, 2.5 bathrooms, and 2,641 square feet of thoughtfully designed living space. Built in 2021, the property features an open floor plan with a spacious living room accented by a custom feature wall, creating a perfect setting for family gatherings or entertaining guests. The kitchen boasts an island, pantry, eat-in area, and custom lighting that flows seamlessly into the dining room. Additional highlights include a flex room with extra storage, an upgraded laundry room with built-ins, and a smart home system for modern convenience. Upstairs, you’ll find three generously sized bedrooms and a full bathroom, while the primary suite on the first floor offers a walk-in closet and private bath. Outside, the large backyard provides ample room for outdoor activities, gardening, or weekend relaxation. Located on a oversized lot in Royse City ISD with nearby schools including Ruth Cherry Elementary, this home also includes access to HOA amenities and is situated near parks, shopping, and dining with easy highway access. Best of all, the home qualifies for an assumable 2.8% FHA loan, making it an incredible opportunity to lock in a low interest rate. Call the listing agent today for details and to schedule your private showing!

Investor Tools

Property Icon
$373,000
Estimated Property Value
$0Estimated Mortgage Balance
$111,477Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,238 /month
Positive
Cash Flow Estimate:
$746 /month

Interested in this property?

Virginia Brees

MTX Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$540/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,618
$340,530
2025
$45,440
$295,090
$340,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,618
$340,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$269,174
Yes
First
Jun 30, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$261,523
$111,477
29%
70%
$1,722/mo

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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129 Banner Avenue | Property Details | No Agent List