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$350,000

354 Sweetspire Dr, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.27 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave

Exterior

Lot Size9,191 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNS4382-000J-0016-00-0R
Lot Number16
SubdivisionThe Meadows At Morgan Creek Ph 1
Land UseResidential
Legal DescriptionTHE MEADOWS AT MORGAN CREEK PH 1, BLOCK J, LOT 16
Census Tract040411
Assessed Land Value$105,000
Assessed Improvement Value$282,862
Assessment Year2025

About this property

Built in 2019 by Altura Homes and located in the highly desirable Meadows at Morgan Creek, this beautifully maintained 3-bedroom, 2-bath home offers 2,105 square feet of thoughtfully designed living space. From the moment you walk in, you’ll appreciate the open-concept layout, spacious living areas, and natural light that make this home feel both inviting and functional. The well-appointed kitchen flows seamlessly into the main living area, perfect for entertaining or everyday living. The private primary suite offers a relaxing retreat with ample space and a well-designed ensuite bath. Two additional bedrooms provide flexibility for guests, a home office, or growing needs. Built with quality craftsmanship and modern finishes, this home combines comfort, style, and efficiency in one of the area’s most sought-after communities. Bonus: Complimentary 1-0 Rate Buy Down available with preferred lender Ajalen Holley at Town Square—helping make your monthly payment more affordable. Don’t miss the opportunity to own a move-in ready home in The Meadows at Morgan Creek!

Investor Tools

Property Icon
$387,862
Estimated Property Value
$165,400Estimated Mortgage Balance
$242,424Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,327 /month
Positive
Cash Flow Estimate:
$776 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$711/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,595
$387,862
2025
$105,000
$282,862
$387,862
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,595
$387,862

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Joshua Lynn Buckner
Conventional
$165,400
No
First
Mar 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,438
$242,424
62%
37%
$992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,442/mo
+$1,128/mo
8.0%

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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354 Sweetspire Dr | Property Details | No Agent List