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$280,000

1901 Lotus St Lot Us, Royse City, TX, 75189

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.67 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available

Exterior

Lot Size7,087 sqft

Building Information

Year Built2024
Stories1
Garage Spaces3

Land Information

APN5314-0110-0010-92
Lot Number1
SubdivisionVerandah Ph 7
Land UseReal Land/Res Single Family Subdivisions
Legal DescriptionS5314 VERANDAH PH 7 BLK 11 LOT 1 ACRES .1627
Census Tract961401
Assessed Land Value$47,120
Assessed Improvement Value$210,020
Assessment Year2025

About this property

Welcome to 1901 Lotus St, a beautifully maintained 2024-built home offering modern comfort and easy living in Royse City’s growing Verandah community. This inviting residence features an open-concept layout designed for everyday living and entertaining, with a spacious living area that flows seamlessly into the kitchen and dining space. The contemporary kitchen provides a functional hub for gatherings, while the comfortable bedrooms offer private retreats. Enjoy the convenience of an attached garage, a generously sized lot, and a newer construction home with today’s sought-after finishes and energy-efficient features. Located with easy access to I-30, shopping, dining, parks, and the amenities of Royse City, this home offers the perfect combination of comfort, convenience, and value. Move-in ready and waiting for you to call it home!

Investor Tools

$236,195Estimated Mortgage Balance
$20,945Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

Interested in this property?

Kassieleigh Scott

Locke and Key Homes

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$161/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$647
$257,140
2025
$47,120
$210,020
$257,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$647
$257,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lennar Mortgage Llc
Va
$244,999
Yes
First
Aug 26, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$236,195
$20,945
8%
92%
$1,469/mo

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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