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$160,000
NAL Estimated Property Value16 Carter Drive, Royse City, TX, 75189
Off Market
About this property
Beautiful 2.4 acre lot with private pond waiting for your dream home to be built! Here at Moores Lake, you will have an exclusive stocked pond with pier, and community playground - outdoor living at its finest!! Huge bonus to this planned community is LOCATION LOCATION LOCATION!! 5 minute commute to Hwy 78. Just 10 mins to Rockwall and its historic downtown featuring fine dining, shopping, entertainment, brand new major grocers. A short 15 minute drive to local winery and vineyard and close proximity to Lake Lavon! Come see all this area has to offer and let your imagination run wild with this canvas under the starry skies of Texas!
Investor Tools
$160,000
Estimated Property Value
$0Estimated Mortgage Balance
$160,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$300/month
5.947%
12.4%