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$297,990

3401 Spruce St, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,173 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size7,954 sqft

Building Information

Year Built2008
Stories1
Garage Spaces2

Land Information

APN5661-00Q0-0040-93
Lot Number4
SubdivisionWoodland Creek Ph 2
Land UseResidential
Legal DescriptionS5661 WOODLAND CREEK PH 2 BLK Q LOT 4 ACRES .1826
Census Tract961502
Assessed Land Value$48,050
Assessed Improvement Value$249,940
Assessment Year2025

About this property

Welcome to this charming and move-in-ready home in Royse City! This well-maintained 4-bedroom, 2-bathroom home offers a perfect blend of comfort and convenience. Step inside to discover an inviting living room with a brick wood-burning fireplace. The eat-in kitchen is equipped with plenty of cabinet and counter space making meal prep a breeze, and a formal dining room is perfect for family gatherings. The primary suite features an ensuite with a garden tub, separate shower, and walk-in closet. Three secondary bedrooms share a full bath. Outside, enjoy the private backyard, ideal for entertaining or simply unwinding. This home offers everything you need for a comfortable lifestyle. Don't miss your chance to call this beautiful rental home! Schedule a showing today!

Investor Tools

Property Icon
$297,990
Estimated Property Value
$143,569Estimated Mortgage Balance
$177,384Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,788 /month
Positive
Cash Flow Estimate:
$596 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,838
$297,990
2025
$48,050
$249,940
$297,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,838
$297,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R M K Financial Corp
Fha
$143,569
Yes
First
Apr 24, 2014
May 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$120,606
$177,384
59%
40%
$966/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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3401 Spruce St | Property Details | No Agent List