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$302,000

NAL Estimated Property Value

509 May St, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.26 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Microwave

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size8,276 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN4490-0000-091D-00-0R
Lot Number91D
SubdivisionMccasland
Land UseResidential
Legal DescriptionMCCASLAND, LOT 91D, ACRES 0.19, (REPLAT-2002)
Census Tract040405
Assessed Land Value$132,000
Assessed Improvement Value$136,269
Assessment Year2025

Investor Tools

Property Icon
$302,000
Estimated Property Value
$102,360Estimated Mortgage Balance
$199,640Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,812 /month
Positive
Cash Flow Estimate:
$604 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$582/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,478
$268,269
2025
$132,000
$136,269
$268,269
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,478
$268,269

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Open End Mortgage / Open End With Future Advance Clause
$116,900
No
First
Jan 30, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$102,360
$229,640
69%
34%
$701/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$701/mo
+$1,869/mo
10.2%

City: Royse City

509 May St | Property Details | No Agent List