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$258,655

NAL Estimated Property Value

1416 Old Trail Rd, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,537 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.46 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size8,146 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12456-0AA-0200-1
Lot Number20
SubdivisionMagnolia Phase 8 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 8 (GCN), BLK AA, LOT 20; (SEE R-12456-0AA-0200-W FOR MUD ONLY ACCOUNT)
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$178,655
Assessment Year2025

About this property

Discover your new haven in this stunning 4 bedroom, 2 bath home, perfectly nestled within the vibrant community of Magnolia in Royse City. Boasting an ideal blend of modern updates and comfortable living spaces, this property provides both style and substance across its well-designed layout. Step inside to be greeted by a freshly painted interior that feels both bright and inviting. The open-concept floor plan seamlessly connects the spacious living area with the beautifully updated kitchen with breakfast bar featuring stainless steel appliances, a new single bowl sink and an upgraded faucet that adds a touch of elegance and functionality. Whether you're entertaining guests or preparing a family meal, this kitchen is sure to delight. The flexible fourth bedroom offers the perfect space for a home office or guest room, accommodating your varied needs. With builder warranties for both the roof and structural elements still in effect, this 3-year-old home offers peace of mind and added value. Step outside to the larger-than-average lot that offers abundant space for outdoor activities, backed by the privacy of a fenced yard. The covered patio provides a perfect spot for relaxing evenings and summer barbecues. Enjoy the convenience and recreation that the Magnolia community has to offer, with two community pools, a splash playground, walking trails, parks, and fishing ponds all within reach. Located in a peaceful neighborhood yet close to the amenities you need, this home offers a unique combination of community living and spacious outdoor charm. Experience the best of both worlds in a place designed for your well-being and convenience. Buyer to verify all information including taxes, HOA, schools, measurements and all other info provided.

Investor Tools

Property Icon
$258,655
Estimated Property Value
$218,423Estimated Mortgage Balance
$40,232Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,572 /month
Positive
Cash Flow Estimate:
$524 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,584
$258,655
2025
$80,000
$178,655
$258,655
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,584
$258,655

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Pacific Mortgage Corp
Conventional
$222,000
No
First
Jun 21, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,423
$40,232
15%
84%
$1,332/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,572/mo
+$1,778/mo
15.5%

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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