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$277,403

NAL Estimated Property Value

804 Rustic Way, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,732 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$158.25 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Convection Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Other
Lot Size8,668 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNR-11861-00P-0140-1
Lot Number14
SubdivisionMagnolia Phase 2 (Gcn)
Land UseResidential
Legal DescriptionMAGNOLIA PHASE 2 (GCN), BLK P, LOT 14
Census Tract031201
Assessed Land Value$80,000
Assessed Improvement Value$197,403
Assessment Year2025

About this property

Located in the desirable Community ISD, this 4-bed, 2-bath home is a perfect blend of style and function. The open-concept living area flows seamlessly into a kitchen that boasts gleaming granite countertops, stainless steel appliances, a jumbo-sized island, and plenty of pantry space, ideal for entertaining or family gatheringsThe primary bedroom is a serene retreat as a luxurious ensuite featuring an oversized shower, and a spacious walk-in closet as well as shelves of gorgeous open storage. The home is nestled near a peaceful greenbelt, offering a tranquil setting while still being close to all the community amenities.Magnolia Pointe offers multiple pools, fishing ponds, playgrounds, and scenic trails, providing endless opportunities for recreation and relaxation. With USDA loan options available, this move-in-ready home offers the perfect combination of luxury and convenience. Don't miss out!

Investor Tools

Property Icon
$277,403
Estimated Property Value
$275,530Estimated Mortgage Balance
$1,873Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,664 /month
Positive
Cash Flow Estimate:
$555 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$551/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,221
$277,403
2025
$80,000
$197,403
$277,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,221
$277,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Va
$283,977
Yes
First
Sep 24, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,530
$1,873
0%
99%
$1,703/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,943/mo
+$1,407/mo
14.5%

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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804 Rustic Way | Property Details | No Agent List