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$195,000

229 Homestead Court, Royse City, TX, 75189

PendingInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size2.91 acres

Land Information

APN3881-0005-0003-00-0R
Lot Number3
SubdivisionHigh Point Ranch Section 1
Land UseVacant Land
Legal DescriptionHIGH POINT RANCH SECTION 1, BLOCK 5, LOT 3, ACRES 2.91
Census Tract040514
Assessed Land Value$269,175
Assessment Year2025

About this property

Build your dream home on this premium cul de sac lot in the highly sought after High Point Ranch community in Royse City. Offering just under 3 acres, this heavily treed homesite provides a rare opportunity to create a private retreat surrounded by mature trees and natural beauty. This property offers the ideal setting for a custom build with plenty of space for a main residence, outdoor living areas, pool, shop, or additional structures while still maintaining privacy and separation from neighbors. The cul de sac location adds to the appeal with reduced traffic and a more secluded feel. High Point Ranch is known for its custom homes, oversized acreage lots, and peaceful country atmosphere while still being conveniently located near city amenities. With no required builder, you have the flexibility to design and build on your timeline and fully bring your vision to life. Located in Royse City ISD and featuring a low total tax rate of approximately 1.5062%, this property also offers added value with no MUD and no PID taxes, a significant advantage compared to many newer developments. Enjoy the balance of quiet country living with easy access to I 30, making commuting simple while staying close to shopping, dining, and everyday conveniences. If you have been searching for a private, build ready homesite with space, flexibility, and long term value, this is an excellent opportunity in one of Royse City's most desirable acreage communities.

Investor Tools

$0Estimated Mortgage Balance
$269,175Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,615 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$461/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,183
$269,175
2025
$269,175
N/A
$269,175
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,183
$269,175

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$269,175
100%
0%
$0/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.

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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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229 Homestead Court | Property Details | No Agent List