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Owner Contacts

$560,000

NAL Estimated Property Value

6003 S Fm 548, Royse City, TX, 75189

Off Market

4 Beds

3 Bath

2,784 Sq Ft

Single Family Residence

$197.55 / sqft

Built in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Heat Pump

AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator

FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size1.50 acres

Building Information

Year Built2000

Stories1

Garage Spaces5

Land Information

APN0129-0000-0010-00-0R

SubdivisionJohnson

Land UseResidential

Legal DescriptionA0129 JOHNSON, TRACT 10, ACRES 1.500

Census Tract040412

Assessed Land Value$180,000

Assessed Improvement Value$346,706

Assessment Year2025

About this property

*OPEN HOUSE SUN JULY 31ST 2PM-4PM* STUNNING, UPDATED 1.5 STORY HOME WITH LAND! NO HOA! DECORATOR TOUCHES! GREAT OPPORTUNITY TO OWN HOME ON YOUR OWN LAND FOR SELF-SUFFICIENCY! BEAUTIFUL FLOORPLAN! PLENTY OF LIGHT! WALK IN TO A HALLWAY AND FORMAL DINING THAT OPENS INTO THE KITCHEN AND ALSO THE FAMILY ROOM! VIEWS OF LAND FROM FRONT DOOR! LARGE OPEN FAMILY ROOM WITH WOOD BURNING FIREPLACE WITH HEARTH! VAULTED CEILINGS! UPDATED KITCHEN WITH GRANITE, CORNER SINK WITH WINDOW VIEWS, STAINLESS STEEL APPLIANCES! SEPARATE DESIGNER-LOOK LAUNDRY! UPDATED LIGHTING! GREAT FOR LARGE FAMILY GATHERINGS AND ENTERTAINING! LARGE MASTER BEDROOM! LOVELY MASTER BATH WITH DECORATOR MIRRORS, UPGRADES! WALK IN CLOSETS! SPLIT BEDROOMS! HUGE UPSTAIRS GAMEROOM! COVERED PATIO WITH EXTENDED DECK! PERGOLA! VERY RELAXING IN THE EVENINGS! PLENTY OF LAND TO BUILD YOUR OWN POOL! 1.5 ACRES! ATTACHED 3 CAR GARAGE PLUS ONE SEP WORKSHOP-GARAGE! GREAT LOCATION, IN THE DFW METROPLEX! ABOUT 35 MINUTE TO DOWNTOWN DALLAS!

Investor Tools

$560,000

Estimated Property Value

$370,407Estimated Mortgage Balance

$189,593Estimated Equity

33% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,360 /month

Positive

Cash Flow Estimate:

$1,120 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$790/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,677

$526,706

2025

$180,000

$346,706

$526,706

Tax History

Year

Tax Paid

Assessed Value

2024

$6,677

$526,706

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Member First Mortgage Llc

Unknown

$397,500

First

Sep 14, 2022

N/A

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$370,407

$189,593

33%

66%

$2,384/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,350/mo

$2,384/mo

+$966/mo

7.2%

Learn About the Market: Opportunity in Texas

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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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