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$424,979

360 Mohan Dr, Royse City, TX, 75189

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,985 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.94 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Electric Oven, Gas Cooktop, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size6,970 sqft

Building Information

Year Built2021
Stories1
Garage Spaces2

Land Information

APN3721-000D-0014-00-0R
Lot Number14
SubdivisionFrost Farm
Land UseResidential
Legal DescriptionFROST FARM, BLOCK D, LOT 14
Census Tract040411
Assessed Land Value$85,000
Assessed Improvement Value$339,979
Assessment Year2025

About this property

Welcome to 360 Mohan Drive,a beautiful home nestled in the heart of Royse City, Texas.Built in 2021, this meticulously crafted residence boasts ample living space spanning over 2,985 sq ft.A spacious family room is perfect for gatherings and cozy evenings spent with loved ones.Adjacent to the family room is a charming dining area,ideal for hosting intimate dinners&festive celebrations.The main floor offers convenience with a primary bedroom featuring an ensuite bath&generous walk-in closet,providing a private retreat for relaxation&rejuvenation.Another bedroom&a full bathroom on the first floor offer flexibility for guests, a home office, or multi-generational living arrangements.Venture upstairs to discover three more bedrooms.A full bathroom accommodates the upper level, ensuring convenience for all occupants.The second floor is further enhanced by a game room.Enjoy easy access to local amenities, schools, parks,&major highways.Don't miss out!ENTIRE INTERIOR OF HOME IS BEING PAINTED!

Investor Tools

Property Icon
$424,979
Estimated Property Value
$440,988Estimated Mortgage Balance
$17,005Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,465
$424,979
2025
$85,000
$339,979
$424,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,465
$424,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Fha
$440,988
Yes
First
May 20, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$407,974
$17,005
4%
96%
$2,644/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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360 Mohan Dr | Property Details | No Agent List