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$305,170

NAL Estimated Property Value

1616 Flatridge Ct Fl Atridge, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.44 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size8,712 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APNR-12292-00N-0220-1
Lot Number22
SubdivisionMagnolia Phase 7 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 7 (GCN), BLK N, LOT 22; (SEE R-12292-00N-0220-W FOR MUD ONLY ACCOUNT)
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$225,170
Assessment Year2025

About this property

Tucked away at the end of a quiet cul-de-sac, this beautiful home sits on a premium .20-acre lot with no neighbors on either side, offering rare privacy and space in the sought-after Magnolia community. This well-designed DR Horton Express home features 4 bedrooms, 3 full baths, and a versatile flex space perfect for a home office, playroom, or second living area. The heart of the home is a spacious kitchen that opens to the living and dining areas, making it great for everyday living and entertaining. Step outside to enjoy the oversized covered back patio, ideal for relaxing or hosting friends and family. Located just minutes from shopping and dining in Royse City and zoned to Community ISD, this home blends convenience with quiet suburban living. The neighborhood offers impressive amenities including pools, parks, jogging paths, and catch-and-release ponds. With its premium lot, flexible layout, and fantastic location, this home is a must-see!

Investor Tools

Property Icon
$305,170
Estimated Property Value
$252,256Estimated Mortgage Balance
$52,914Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$814/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,239
$305,170
2025
$80,000
$225,170
$305,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,239
$305,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Home Loan Expert Llc
Conventional
$272,669
No
First
May 27, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,256
$52,914
17%
83%
$1,635/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,875/mo
+$1,475/mo
13.2%

City: Royse City

1616 Flatridge Ct Fl Atridge | Property Details | No Agent List