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$279,000

NAL Estimated Property Value

233 Kings Way Court, Rhome, TX, 76078

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,382 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.13 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater
FlooringLaminate

Exterior

Lot Size16,030 sqft

Building Information

Year Built2004
Roof Type158
Garage Spaces2

Land Information

APNR0447.0517.00
Lot Number17
SubdivisionCrown Point Ph2
Land UseResidential
Legal DescriptionLOT 17 BLK 5 CROWN POINT PH2
Census Tract150606
Assessed Land Value$48,090
Assessed Improvement Value$225,689
Assessment Year2025

About this property

Welcome to 233 Kings Way Court, a charming family home nestled in the heart of Rhome, TX. This delightful property boasts an expansive fenced backyard - perfect for your furry friends to run and play. As you step inside, you'll be greeted by three windows in the living room that offer breathtaking views of the huge lot beyond. The cathedral ceiling in the Primary Bedroom adds a touch of elegance and spaciousness to this cozy abode. You'll find plenty of storage space throughout with large closets and ample storage options. Enjoy endless hours entertaining on the concrete patio located on the back porch while soaking up natural light streaming through every corner of this lovely home. Warm up during chilly evenings by snuggling up next to the wood-burning fireplace tucked away in one corner of your inviting living room. Take advantage of nearby park-playground facilities within walking distance from your doorstep! Don't miss out on this incredible opportunity - schedule a viewing today!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$258,181Estimated Mortgage Balance
$20,819Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,674 /month
Positive
Cash Flow Estimate:
$558 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,365
$273,779
2025
$48,090
$225,689
$273,779
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,365
$273,779

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbh Bank Na
Fha
$260,200
Yes
First
May 12, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,181
$20,819
7%
93%
$1,640/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: Rhome

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233 Kings Way Court | Property Details | No Agent List