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Days95Days on Market
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$279,900

1311 Emi Kate Lane, Royse City, TX, 75189

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,843 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.87 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size9,453 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12177-00G-0030-1
Lot Number3
SubdivisionMagnolia Phase 5 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 5 (GCN), BLK G, LOT 3
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$191,671
Assessment Year2025

About this property

Great opportunity in a growing Collin County community within Community ISD! This lightly lived-in home offers the perfect blend of country living with convenient access to the city. Enjoy low HOA fees, a community pool, and a spacious layout designed for comfortable everyday living. Featuring 4 bedrooms, 2 bathrooms, and a split floor plan with the private primary suite tucked away from the secondary bedrooms, this home is both functional and inviting. The open-concept kitchen boasts a huge island with breakfast bar seating, walk-in pantry, built-in microwave, dishwasher, refrigerator, tons of cabinet space, and an abundance of natural light throughout. Additional highlights include a 2-car garage with garage door opener and epoxy flooring, a covered patio perfect for relaxing or entertaining, and a huge backyard enclosed by a nice wood privacy fence. Priced right and ready for its new owner!

Investor Tools

$165,302Estimated Mortgage Balance
$111,698Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Beth Record

Monument Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,379
$271,671
2025
$80,000
$191,671
$271,671
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,379
$271,671

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primary Residential Mortgage Inc
Conventional
$180,000
No
First
Feb 9, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$165,302
$111,698
40%
60%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,320/mo
+$2,030/mo
14.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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1311 Emi Kate Lane | Property Details | No Agent List