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$450,000

2304 Llano Drive, Royse City, TX, 75189

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,817 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.74 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Must-SellHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size11,674 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNS5132-0009-0001-00-0R
Lot Number1
SubdivisionStone River Estates Phase 2
Land UseResidential
Legal DescriptionSTONE RIVER ESTATES PHASE 2, BLOCK 9, LOT 1
Census Tract040411
Assessed Land Value$105,000
Assessed Improvement Value$381,379
Assessment Year2025

About this property

Rarely does a lot like this come available in Stone River Estates. Positioned at the end of a cul-de-sac with a pond on one side and golf course views on the other, this property offers a setting that buyers search for and seldom find. The combination of water, fairway, and privacy on a single lot is something truly special. Inside, the open-concept design makes the most of every square foot. The kitchen connects seamlessly to the living and dining areas — ideal for entertaining or simply enjoying the space. The primary suite is thoughtfully situated away from the secondary bedrooms, offering the privacy and separation that today’s buyers expect. The covered front porch rounds out the package, providing an inviting space to start or end the day. Stone River Golf Club sits right in your backyard — an 18-hole public course with a full-service clubhouse, pro shop, and practice facilities. Beyond the course, the community is just minutes from Lake Ray Hubbard, Lake Lavon, and the dining and shopping at The Harbor in Rockwall. You get the pace of a tight-knit community with everything you need close by, all just 30 miles east of Dallas. Opportunities like this — a true cul-de-sac lot with pond and golf course views in one of Rockwall County’s most sought-after communities — are few and far between. This one will not last.

Investor Tools

$352,502Estimated Mortgage Balance
$133,877Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,918 /month
Positive
Cash Flow Estimate:
$973 /month

Interested in this property?

Jessica Manuel

Align Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,383
$486,379
2025
$105,000
$381,379
$486,379
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,383
$486,379

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Rate Financial Group
Va
$352,935
Yes
First
Nov 6, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,502
$133,877
27%
72%
$2,357/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,687/mo
+$663/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.

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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2304 Llano Drive | Property Details | No Agent List