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$280,000

1320 Lowhill Dr, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$218.58 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Electric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size7,187 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12177-00E-0140-1
Lot Number14
SubdivisionMagnolia Phase 5 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 5 (GCN), BLK E, LOT 14
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$159,431
Assessment Year2025

About this property

Welcome to Magnolia, a delightful haven offering a blend of country living and urban convenience. Family-friendly charm and abundance of amenities including a community pool, fishing ponds playground and walking trails. This home is nestled on an interior lot with wonderful curb appeal complete with stone and brick exterior elevation and updated masonry bordering the flower bed and trees. Highly functional floor plan with open concept living, kitchen and dining areas. Secluded primary bedroom retreat with sizable ensuite bathroom and walk in closet. Covered back patio and large back yard with space for many activities! Located within Community ISD which achieved the remarkable feat of receiving an 'A' rating from the Texas Education Agency in 2019. Near Lavon Lake (about eight miles away), Lake Ray Hubbard (about 12 miles away), and Lake Tawakoni (about 23 miles away).

Investor Tools

Property Icon
$244,000
Estimated Property Value
$150,000Estimated Mortgage Balance
$101,285Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,508
$239,431
2025
$80,000
$159,431
$239,431
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,508
$239,431

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$150,000
No
First
Sep 8, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$142,715
$101,285
41%
58%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,140/mo
+$1,430/mo
12.6%

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.

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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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1320 Lowhill Dr | Property Details | No Agent List