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$195,000

813 Loganwood Dr, Royse City, TX, 75189

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,070 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.24 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
Garage AvailableGarage Available
CoolingCooling
AppliancesWater Purifier, Dishwasher, Electric Oven
FlooringCarpet, Tile

Exterior

Lot Size6,621 sqft

Building Information

Year Built1984
Stories1
Garage Spaces1

Land Information

APN4883-0002-0024-00-0R
Lot Number24
SubdivisionRustic Meadows #1
Land UseResidential
Legal DescriptionRUSTIC MEADOWS #1, BLOCK 2, LOT 24
Census Tract040403
Assessed Land Value$136,250
Assessed Improvement Value$101,932
Assessment Year2025

About this property

Thoughtfully maintained and move-in ready, this home features a 2018 HVAC system and a water heater replaced just two years ago for added peace of mind. Enjoy durable tile flooring throughout the main living areas, with carpet in the secondary bedrooms for added comfort. The Jack-and-Jill bedrooms offer spacious closets and a functional layout, making them ideal for family or guests. The kitchen includes a stainless steel dishwasher, oven, and a reverse osmosis water filtration system at the sink. Outside, recent landscaping and yard improvements enhance the curb appeal, while the one-car garage provides convenient parking and storage. Located within walking distance of the Royse City splash pad and historic downtown, you'll enjoy easy access to local shops, dining, community events, and parks. This well-cared-for home is ready for its next owner! Special Financing Opportunity! This property qualifies for an FHA grant program, offering eligible buyers a 5.5% interest rate. In addition, the seller is offering $5,000 in buyer concessions, which may be applied toward closing costs, prepaid expenses, or other allowable lender fees. Buyers should contact their lender to verify eligibility for the grant program.

Investor Tools

$95,314Estimated Mortgage Balance
$142,868Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,429 /month
Positive
Cash Flow Estimate:
$476 /month

Interested in this property?

John Prell

Creekview Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$345/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,946
$238,182
2025
$136,250
$101,932
$238,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,946
$238,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$117,826
Yes
First
Jun 28, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$95,314
$142,868
59%
40%
$707/mo

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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813 Loganwood Dr | Property Details | No Agent List