$228,000
NAL Estimated Property Value6025 Royal Ln, Reno, TX, 75462
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesDishwasher, Electric Cooktop, Refrigerator
FlooringCeramic Tile
Exterior
Lot Size8,712 sqft
Building Information
Year Built1989
Stories1
Garage Spaces2
Land Information
APN103256
Lot Number34
SubdivisionTurtle Creek
Land UseResidential
Legal DescriptionTURTLE CREEK, LOT 34, 6025 ROYAL LANE 6025 ROYAL LANE
Census Tract000900
Assessed Land Value$11,500
Assessed Improvement Value$186,140
Assessment Year2025
About this property
Well maintained brick, 3 bed, 2 bath home on a corner lot in Turtle Creek. Several recent updates including beautifully done flooring, fireplace, lighting, and new appliances that will stay with the property just to name a few. Added to the appeal is the fenced back yard, french drains, covered porched in both the back and the front, and attached two car garage.
Investor Tools
$228,000
Estimated Property Value
$170,418Estimated Mortgage Balance
$57,582Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$358/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,151
$197,640
2025
$11,500
$186,140
$197,640
No
Tax History
Year
Tax Paid
Assessed Value
2022
$3,151
$197,640
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American National Bank & Trust
Building Or Construction Loan
$176,000
No
First
Mar 17, 2023
Apr 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$170,418
$57,582
25%
75%
$1,231/mo
