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$375,000

1309 Megan Court, Royse City, TX, 75189

$440,418 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,863 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.98 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit, Storage
Lot Size1.56 acres

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN5248-0000-0023-00-0R
Lot Number23
SubdivisionWestview Addition #3
Land UseResidential
Legal DescriptionWESTVIEW ADDITION #3, LOT 23, ACRES 1.56
Census Tract040513
Assessed Land Value$115,440
Assessed Improvement Value$423,575
Assessment Year2025

About this property

No HOA! No City Taxes! Beautiful 4 bedroom 2.5 bathroom home on 1.5 acre cul-de-sac lot! This home has so much to offer both inside and out. Spacious floor plan with wood like tile flooring, office and master bedroom downstairs. Impressive floor to ceiling stone fireplace. Beautiful kitchen with granite countertops, recently updated appliances, nicely sized pantry and under cabinet lighting. Huge living room upstairs with 3 additional bedrooms and full bathroom. Paradise awaits when you step into the backyard! Beautiful in ground pool, fire pit, pergolas and covered patio that is perfect for entertaining or relaxing all year round. Recent updates include appliances, roof, HVAC, and carpet. Rockwall ISD!!!

Investor Tools

Property Icon
$539,015
Estimated Property Value
$0Estimated Mortgage Balance
$156,985Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$440,417
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,925
$539,015
2025
$115,440
$423,575
$539,015
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,925
$539,015

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$416,000
No
First
Jan 19, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,030
$156,985
29%
71%
$2,495/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,495/mo
+$855/mo
7.5%

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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