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$370,000

NAL Estimated Property Value

213 N Elm Street, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,064 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.32 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Vented Exhaust Fan
FlooringCarpet, Marble, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size15,202 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN4490-0061-0001-00-0R
Lot Number1
SubdivisionMccasland
Land UseResidential
Legal DescriptionMCCASLAND, BLOCK 61, LOT 1
Census Tract040403
Assessed Land Value$148,000
Assessed Improvement Value$222,000
Assessment Year2025

About this property

Fantastic opportunity in the heart of Royse City. Just blocks away from downtown, this property is in commercial zoning but could be used as residential, retail or office space. Home is in need of updating but at this price there is plenty of upside potential to do what you want. Multiple living spaces. Fireplace. Workshop in back yard. Tree shaded lot. Property is being sold as-is. MULTIPLE OFFERS RECEIVED. BEST OFFERS DUE BY 1 PM ON MONDAY; JANUARY 3, 2022.

Investor Tools

Property Icon
$370,000
Estimated Property Value
$200,471Estimated Mortgage Balance
$169,529Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,385
$370,000
2025
$148,000
$222,000
$370,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,385
$370,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Qianyi Cheng
Seller Carryback / Seller Financing / Seller Take-Back
$210,000
No
First
Nov 15, 2023
Nov 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,471
$169,529
45%
54%
$1,260/mo

City: Royse City

213 N Elm Street | Property Details | No Agent List