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$265,000

1621 Fair Oaks Lane, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,313 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.57 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APNR-9016-017-0200-1
Lot Number20
SubdivisionHidden Creek Estates No 2 (Cry)
Land UseResidential
Legal DescriptionHIDDEN CREEK ESTATES NO 2 (CRY), BLK 17, LOT 20
Census Tract031202
Assessed Land Value$90,000
Assessed Improvement Value$282,545
Assessment Year2025

About this property

SINGLE STORY!!! Only 34 miles to Downtown Dallas with all the perks of living in a wonderful master planned community, but it's also tucked away off the highway to get that more country feel and separation from the hustle and traffic. Wonderful floor plan with multiple living spaces that can be used as a game room, playroom and still have the causal living room off the kitchen and the formal living room too, which easily can be made into a home office. The kitchen has a great flow with tons of counter space and storage and beautiful granite and cabinets. All you need to do is unpack-move in ready home!!!

Investor Tools

Property Icon
$372,545
Estimated Property Value
$0Estimated Mortgage Balance
$115,409Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,235 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$129/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$741
$372,545
2025
$90,000
$282,545
$372,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$741
$372,545

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$280,000
No
First
Jan 14, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,136
$115,409
30%
69%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,808/mo
+$762/mo
8.3%

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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1621 Fair Oaks Lane | Property Details | No Agent List