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$345,000

503 W Royal Lane, Irving, TX, 75039

Off MarketInfo
Beds2 Beds
Baths4 Bath
Baths2,023 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$170.54 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Wood

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size2,751 sqft

Building Information

Year Built2015
Stories3
Roof Type105
Garage Spaces2

Land Information

APN322565500C75R0000
Lot Number75R
SubdivisionLa Palazzi Revised
Land UseResidential
Legal DescriptionLA PALAZZI REVISED BLK C LT 75R INT202000304298 DD11022020 CO-DC 2565500C75R00 2CI2565500C
Census Tract014143
Assessed Land Value$75,000
Assessed Improvement Value$358,070
Assessment Year2025

About this property

Smart, stylish townhome in fantastic, move-in ready condition with contemporary finishes and tons of natural light. Fabulous kitchen with granite counters, stainless farm sink, ample storage in cabinets & pantry, huge island, and built-in stainless appliances. Oversized main bedroom with sitting area and ensuite with cultured marble vanity, and huge walk-in closet. Wide open layout on second floor with dining, kitchen, living room, flex space, and balcony. This CORNER unit has a study that can be used as a 3rd bedroom. AMAZING location with easy access to 3 major highways, walking distance to restaurants & jogging trails, just a couple miles from Irving Music Factory, and within 5 miles of DFW Airport!

Investor Tools

Property Icon
$485,000
Estimated Property Value
$0Estimated Mortgage Balance
$187,376Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,910 /month
Positive
Cash Flow Estimate:
$970 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,032/month
$1,250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,965
$433,070
2025
$75,000
$358,070
$433,070
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,965
$433,070

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$332,975
No
First
Nov 2, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,624
$187,376
38%
61%
$1,997/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$3,247/mo
$-937/mo
5.7%

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: Irving

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503 W Royal Lane | Property Details | No Agent List