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$359,000

157 Lisa Lane, Royse City, TX, 75189

$403,623 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,247 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.77 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Refrigerator
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesBuilt-in Barbecue, Fire Pit, Rain Gutters, Lighting, Outdoor Kitchen, Private Yard, Outdoor Grill
Lot Size9,017 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APN3721-000C-0005-00-0R
Lot Number5
SubdivisionFrost Farm
Land UseResidential
Legal DescriptionFROST FARM, BLOCK C, LOT 5
Census Tract040411
Assessed Land Value$85,000
Assessed Improvement Value$289,285
Assessment Year2025

About this property

Welcome to 157 Lisa Lane, a stunning former model home in Royse City showcasing an exceptional level of upgrades and thoughtful design throughout. From the moment you enter, the abundance of natural light, spacious open-concept living areas, and beautiful finishes create an inviting atmosphere that feels both sophisticated and comfortable. The oversized primary suite offers a peaceful retreat, complemented by a beautifully appointed primary bath featuring dual sinks and ample space. Every detail of this home reflects the quality and attention to design expected from a former model. Step outside, and the home truly shines. The expansive backyard is designed for entertaining and everyday enjoyment, featuring a fully equipped outdoor kitchen with a Blaze gas grill and refrigerator, all set beneath a stylish pergola with a ceiling fan and lighting. A spacious deck, firepit, and multiple seating areas create the perfect setting for outdoor gatherings, relaxing evenings, and unforgettable sunsets. Approximately $32k spent on this outdoor remodel. With no neighbors on one side, the backyard offers an added sense of privacy and openness. The huge yard combines lush grass and low-maintenance turf, providing plenty of room to play, entertain, or simply enjoy the spectacular sunset views. This home offers the rare combination of model-home quality, exceptional upgrades, privacy, and an extraordinary outdoor living experience—a home designed to be enjoyed both inside and out. VA assumable 2.99% LoanDepot Assumption Department 1-888-337-6888

Investor Tools

$294,808Estimated Mortgage Balance
$79,477Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$403,623
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,246 /month
Positive
Cash Flow Estimate:
$749 /month

Interested in this property?

Nancy Nelson

Better Homes & Gardens, Winans

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$780/month
$540/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,485
$374,285
2025
$85,000
$289,285
$374,285
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,485
$374,285

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Va
$326,578
Yes
First
Jul 15, 2021
Aug 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,808
$79,477
21%
79%
$1,959/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,499/mo
+$71/mo
8.2%

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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