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$420,000

918 Genesis Rd, Rice, TX, 75155

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,153 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.08 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size1.58 acres

Building Information

Stories1
Garage Spaces2

Land Information

APN113925
Lot Number23
SubdivisionFrance Addition Ph Ii
Land UseSingle Family Residence
Legal DescriptionF0510.02 FRANCE ADDITION PH II LOT 23 1.58 ACRES
Census Tract970100
Assessed Land Value$75,710
Assessed Improvement Value$337,710
Assessment Year2025

About this property

This Stunning New Custom home sits on 1.58 acres with a large front driveway located right of Highway I-45 less than 45 minutes from Downtown Dallas and minutes away from Corsicana, Ennis and Waxahachie. Home features 4 bedrooms, 2.1 bath with an open concept including tray ceilings, crown molding, natural light, ceramic tile floors and quartz countertops throughout. Kitchen offers stylish backsplash with decorative lighting, lots of cabinetry space and a kitchen island overlooking the tray ceiling living area and dinning. Master suite comes with a tray ceiling and stylish master bathroom including double sinks, walk in shower, great size tub and a walk-in closet. Enjoy beautiful Texas sunsets from this home with lots of outdoor space for entertaining with a sprinkler system and NO HOA and NO RESTRICTIONS! BONUS, this home offers an extended back patio!

Investor Tools

Property Icon
$430,000
Estimated Property Value
$337,450Estimated Mortgage Balance
$105,203Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,422
$413,420
2025
$75,710
$337,710
$413,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,422
$413,420

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Conventional
$337,450
No
First
Apr 5, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$324,797
$105,203
24%
76%
$2,024/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.

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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: Rice

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