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$259,560

506 Silo Cir, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,533 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.63 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size7,187 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11861-00J-0080-1
Lot Number8
SubdivisionMagnolia Phase 2 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 2 (GCN), BLK J, LOT 8
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$179,560
Assessment Year2025

About this property

Gorgeous and shows like an impressive model home with tons of stunning upgrades. Ample space open floorplan features split bedrooms that all have walk-in closets. Huge island in kitchen has lovely granite countertops, upgraded cabinet hardware and stainless steel appliances. Entertaining made easy with tons of windows across living room that overlooks large backyard with covered patio and wood privacy fence. Custom landscaping has been enhanced with river rocks. Upgrades include radiant barrier, sprinkler system, 2 inch blinds, int. and ext. lighting, smart home system with control app, hardware in kitchen and baths, gutters, luxury vinyl plank flooring and ceiling fans. Nice sized laundry room. 10 year foundation warranty applies. Located in sought after Magnolia community! Imagine living in this amazing community that offers gorgeous landscaped entries, and breathtaking amenities including pools, park, stocked ponds and walking trails. Amazing Community ISD school district!

Investor Tools

Property Icon
$259,560
Estimated Property Value
$0Estimated Mortgage Balance
$259,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,457
$259,560
2025
$80,000
$179,560
$259,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,457
$259,560

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,560
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$240/mo
+$2,330/mo
11.9%

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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506 Silo Cir | Property Details | No Agent List