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$228,000

NAL Estimated Property Value

6025 Royal Ln, Reno, TX, 75462

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,550 Sq Ft
price_per_sqft$145.16 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$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

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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

City: Reno

6025 Royal Ln | Property Details | No Agent List