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$346,400

NAL Estimated Property Value

524 Tripp Trl, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,612 Sq Ft
price_per_sqft$112.9 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size7,536 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN4354-000C-0014-00-0R
Lot Number14
SubdivisionMckamy Meadow Estates
Land UseResidential
Legal DescriptionMCKAMY MEADOW ESTATES, BLOCK C, LOT 14
Census Tract040405
Assessed Land Value$142,500
Assessed Improvement Value$203,900
Assessment Year2025

About this property

Multiple Offers Received. Offer deadline is 12pm CST on Friday, March 28th. BACK ON THE MARKET due to the previous buyer's inability to get financing approval. This home offers the perfect mix of comfort and convenience. With quick access to I-30, your morning commute just got easier, and weekend adventures are always within reach. Step inside to an open-concept entry and living space designed for both everyday living and effortless entertaining. At the front of the home, a versatile room gives you options—use it as a formal dining room, a second living area, or the perfect home office setup. The kitchen, featuring ample counter space and a functional layout, overlooks the dining and living areas—so no one misses out on the conversation. Also downstairs, you'll find a spacious primary suite that’s your personal retreat, complete with a generous en-suite bath with a closet that does not disappoint. Upstairs, all the secondary bedrooms are tucked away, along with a spacious game room—a perfect spot to corral the chaos of daily life. Throughout the home, the upgraded laminate wood flooring flows seamlessly—including in the primary and secondary bedrooms—offering a modern, cohesive feel. Plus, the carpet was replaced in 2023 with upgraded padding, making it unbelievably soft underfoot. Other highlights include the roof covering that was replaced in 2022, giving you peace of mind for years to come. And outside, the covered patio is ready for you to unwind, enjoy morning coffee, or host a weekend BBQ. Whether you love relaxing or entertaining, this outdoor space is a game-changer. If you’re looking for a home that gives you space to grow, a smart layout, and an unbeatable location, this home is calling your name. Check out our 3D Tour. Buyer to verify all information on this listing including but not limited to schools and measurements.

Investor Tools

Property Icon
$346,400
Estimated Property Value
$303,384Estimated Mortgage Balance
$43,016Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,078 /month
Positive
Cash Flow Estimate:
$693 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$723/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,948
$346,400
2025
$142,500
$203,900
$346,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,948
$346,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$294,566
Yes
First
Apr 23, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$303,384
$43,016
12%
88%
$1,856/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,856/mo
+$1,494/mo
11.6%

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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524 Tripp Trl | Property Details | No Agent List