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B+
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$642,672

396 Alexander Ln, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,685 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.09 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.55 acres

Building Information

Year Built2015
Stories1
Garage Spaces3

Land Information

APN3031-0000-0010-00-0R
Lot Number10
SubdivisionAlexander Ranch Est Ph 1
Land UseResidential
Legal DescriptionALEXANDER RANCH EST PH 1, LOT 10, ACRES 1.55
Census Tract040412
Assessed Land Value$170,500
Assessed Improvement Value$472,172
Assessment Year2025

About this property

Experience the epitome of country living at 396 Alexander Lane in Royse City, Texas. This 2,685-square-foot single-family home, built in 2004, offers a harmonious blend of comfort and functionality. The residence features three spacious bedrooms, each equipped with walk-in closets, along with two full bathrooms and one half bathroom. A large office with built-in cabinetry provides an ideal space for remote work or study. The open floor plan, complemented by split bedrooms, ensures both privacy and ample space for family gatherings. Outdoor amenities enhance the property's appeal, including a screened-in porch perfect for enjoying serene mornings and evenings without the intrusion of pests. A refreshing swimming pool, complete with a waterfall feature, offers a private oasis for relaxation. For hobbyists and professionals alike, a dedicated workshop equipped with a chain hoist and electricity is available. Front and side carports provide ample parking space for vehicles and equipment, while an in-ground storm shelter ensures safety during inclement weather. Situated on a 1.55-acre lot, this property offers the tranquility of rural living while being just minutes away from I-30, providing quick access to city amenities. This home embodies the perfect balance between peaceful country life and modern conveniences. Don't miss the opportunity to make this exceptional property your own.

Investor Tools

Property Icon
$642,672
Estimated Property Value
$0Estimated Mortgage Balance
$642,672Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,856 /month
Positive
Cash Flow Estimate:
$1,285 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$906/month
$50/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,662
$642,672
2025
$170,500
$472,172
$642,672
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,662
$642,672

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$642,672
100%
0%
$0/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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396 Alexander Ln | Property Details | No Agent List