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$904,293

NAL Estimated Property Value

588 Horseshoe Bnd, Royse City, TX, 75189

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.7 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Floor/WallHeating Floor/Wall
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Tankless Water Heater
FlooringHardwood

Exterior

Exterior FeaturesOutdoor Grill
Lot Size2 acres

Building Information

Year Built2017
Stories1
Roof Type172
Garage Spaces5

Land Information

APN3882-0003-0043-00-0R
Lot Number43
SubdivisionHigh Point Ranch Section 2
Land UseResidential
Legal DescriptionHIGH POINT RANCH SECTION 2, BLOCK 3, LOT 43, ACRES 2
Census Tract040514
Assessed Land Value$212,400
Assessed Improvement Value$691,893
Assessment Year2025

About this property

Welcome to 588 Horseshoe Bend, a stunning custom home situated on 2 beautifully maintained acres in the sought-after High Point Ranch community of Royse City. Thoughtfully designed with quality craftsmanship and exceptional upgrades throughout, this 4-bedroom, 3.5-bath home offers the perfect blend of luxury, comfort, and functionality. Step inside to discover hand-scraped hardwood floors, soaring 10-foot ceilings, a dramatic 12-foot ceiling in the family room, custom wood beams, shiplap accents, pocket and barn doors, and solid 8-foot wood interior doors. The spacious study and versatile game room provide flexibility for work and play. The chef's kitchen is truly the heart of the home, featuring dual islands, an apron-front sink, prep sink, 8-burner double oven propane range, walk-in pantry reinforced as a storm room, soft-close cabinetry, and a whisper-quiet cabinet-front dishwasher. The family room boasts a cozy wood-burning fireplace and wiring for surround sound. The luxurious primary suite offers dual walk-in closets with a built-in dresser, spa-like bath with soft-close drawers, and thoughtful custom features throughout. Additional highlights include a tankless water heater, dual-zone HVAC, fixed attic stairs leading to full standing-room storage, and high-speed fiber internet availability. Enjoy country living at its finest with a fully fenced 2-acre lot, zoned irrigation system, covered outdoor kitchen complete with grill, sink, and bar area, and an expansive backyard with ample space for a pool, pavilion, firepit, and more. A 20x30 workshop with insulated door, electricity and a 30-amp connection, storage, or business needs. Additional features include a home security system, solar screens, upgraded underground aerobic septic system, and outlets under the eaves for holiday lighting. This exceptional property combines luxury finishes, modern conveniences, and wide-open spaces to create the perfect place to call home.

Investor Tools

Property Icon
$904,293
Estimated Property Value
$377,588Estimated Mortgage Balance
$528,625Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,426 /month
Positive
Cash Flow Estimate:
$1,809 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,136/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,112
$904,293
2025
$212,400
$691,893
$904,293
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,112
$904,293

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$464,400
No
First
Jun 14, 2017
Jul 2033

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,588
$526,705
58%
42%
$2,785/mo

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.

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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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588 Horseshoe Bnd | Property Details | No Agent List