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$229,000

404 Rustic Grove Ln, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.79 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal
FlooringCeramic Tile

Exterior

Lot Size6,621 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN4889-0006-0013-00-0R
Lot Number13
SubdivisionRustic Meadows No 3 Sec 4
Land UseResidential
Legal DescriptionRUSTIC MEADOWS NO 3 SEC 4, BLOCK 6, LOT 13
Census Tract040403
Assessed Land Value$118,750
Assessed Improvement Value$118,493
Assessment Year2025

About this property

Welcome to this charming 3 bedroom, 2 bathroom home that perfectly blends comfort and functionality. The spacious living room is the heart of the home, featuring a beautiful brick wood-burning fireplace. The kitchen boasts granite countertops and a farm style sink. The split-bedroom layout offers privacy, making it an ideal setup for families or guests. Step outside to a large backyard, complete with a wood deck, perfect for entertaining or enjoying your morning coffee. The storage building provides extra space for tools or hobbies. Plus, there’s no HOA, giving you the freedom to enjoy your property your way. With a great layout and plenty of charm, this home is a must-see. Don’t miss your chance to make it yours!

Investor Tools

Property Icon
$237,243
Estimated Property Value
$215,195Estimated Mortgage Balance
$26,484Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,423 /month
Positive
Cash Flow Estimate:
$474 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,584
$237,243
2025
$118,750
$118,493
$237,243
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,584
$237,243

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$215,195
Yes
First
Mar 31, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,759
$26,484
11%
89%
$1,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$1,291/mo
+$1,279/mo
13.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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