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$247,089

NAL Estimated Property Value

1709 Kelly Ln, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,224 Sq Ft
price_per_sqft$204.25 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Electric Range
FlooringCarpet, Laminate

Exterior

Lot Size7,841 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN3614-000H-0004-00-0R
Lot Number4
SubdivisionEstates Of Quail Ridge
Land UseResidential
Legal DescriptionESTATES OF QUAIL RIDGE, BLOCK H, LOT 4
Census Tract040410
Assessed Land Value$100,000
Assessed Improvement Value$147,089
Assessment Year2025

About this property

Discover Simple Living in the heart of Royse City. Where charm meets convenience. Explore this well maintained 3 bedroom, 2 bath home, featuring a 2-car garage. Perfect for first-time buyers or those looking to downsize, this property boasts a convenient location near highways, top-notch schools, and scenic lakes. Be swept away by the expansive covered patio, perfect for outdoor entertaining. Inside, feel the warmth of the spaces offering comfort and functionality. Make memories in the inviting living areas, cook delightful meals in the efficient kitchen, and retreat to restful bedrooms. This affordable offering blends the best of comfort, accessibility, and local amenities. Don't miss the opportunity to make this your new home.

Investor Tools

Property Icon
$247,089
Estimated Property Value
$225,124Estimated Mortgage Balance
$21,965Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$246/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,720
$247,089
2025
$100,000
$147,089
$247,089
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,720
$247,089

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$233,516
Yes
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,124
$21,965
8%
91%
$1,401/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,401/mo
+$1,169/mo
12.5%

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.

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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