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$499,990

623 N King Rd, Royse City, TX, 75189

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$226.86 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Ice Maker, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Exterior FeaturesLighting
Lot Size2 acres

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN0163-0000-0005-04-0R
SubdivisionJ Miller
Land UseResidential
Legal DescriptionABS A0163, J MILLER, TRACT 5-04, 2.0 ACRES
Census Tract040403
Assessed Land Value$128,000
Assessed Improvement Value$419,110
Assessment Year2025

About this property

623 N King Road, Royse City, TX 75189 Custom Home on 2 Acres for Sale under $500,0000 This custom built 4-bedroom, 3-bathroom home for sale in Royse City, Texas offers 2,204 square feet of thoughtfully designed living space on 2 acres of open land, delivering acreage living just 35 minutes from Downtown Dallas. Located in Rockwall County within a highly rated school district, with a brand-new high school scheduled to open August 2027, this property is ideal for buyers searching for new listings in Royse City, homes with land near Dallas, or custom homes in the Rockwall area. The exterior features hand laid Austin stone, white board and batten siding, and rich wood accents, creating true modern farmhouse curb appeal. Inside, the 2,204 square foot open concept floor plan connects the living room, kitchen, and dining area with oversized windows that fill the home with natural light. The split bedroom layout gives the primary suite privacy, while three additional bedrooms and full baths provide space for family and guests. Outside, two full acres offer room for a shop, pool, garden, or animals, making this one of the few homes with acreage currently available in Royse City. The covered front porch and open land deliver the peaceful country lifestyle buyers want without sacrificing convenience. Commuters enjoy quick access to I-30, and the location is minutes from Rockwall dining, shopping, and boating and recreation at Lake Ray Hubbard. Whether you are relocating to the Dallas Fort Worth area, searching for land in Rockwall County, or looking for a custom home near Lake Ray Hubbard, 623 N King Road checks every box. Schedule your private showing today with Kelvin Buckner, Echelon Realty Group, EXP, at 214-277-4715.

Investor Tools

Property Icon
$547,110
Estimated Property Value
$215,070Estimated Mortgage Balance
$203,583Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,283 /month
Positive
Cash Flow Estimate:
$1,094 /month

Interested in this property?

Kelvin Buckner

eXp Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$735/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,087
$547,110
2025
$128,000
$419,110
$547,110
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,087
$547,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$215,070
No
First
Nov 1, 2021
Dec 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,527
$203,583
37%
63%
$2,214/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,214/mo
+$356/mo
5.6%

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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