2113 Tulipwood Dr · Royse City, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 8/10 · Major
- Hot days now (above 110°F)
- 7 days/yr
- Hot days in 30 yrs
- 25 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 27.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +11.3/15.0
- Cash flow +6.9/30.0
- Schools +4.2/10.0
- Condition / age +4.0/5.0
- Livability +3.8/5.0
- 1% rule +3.4/10.0
- Rent growth +2.2/5.0
- DSCR +1.1/10.0
- Appreciation +0.0/10.0
$269,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover a perfect blend of rustic charm and modern convenience in this beautifully designed 4 bedroom, 2 bath home, complete with a 2 car garage. This property boasts an inviting brick and stone façade, exuding sleek curb appeal that catches the eye from the moment you arrive. Step inside to find a thoughtfully laid out, open, split concept floor plan that feels both spacious and intimate. The large kitchen serves as the heart of the home, featuring a magnificent island that seamlessly flows into the cozy living area. This open concept enhances the home’s airy feel, making it perfect for both everyday living and entertaining. The generous primary bedroom is a true retreat, highlighted by an elegant barn door leading to an ensuite bath. Indulge in the oversized shower and enjoy the convenience of a walk-in closet, providing ample storage for all your needs. The secondary bedrooms offer a cozy atmosphere, ideal for relaxation or welcoming guests. Functional details add to the home's appeal with a spacious laundry room, ensuring practicality without sacrificing style. The property’s exterior complements its warm interior, with a perfect combination of rustic elements and contemporary design. Escape to your backyard retreat, enjoy the extended patio with pergola perfect for weekend cookouts! This remarkable property meets every expectation. Located just minutes from I30 and Rockwall.
Key facts
- Walk-in closet
- Magnificent island
- Oversized shower
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 4-bed/2.0-bath single-family listed at $270k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-411 ($-5k/yr) — negative.
- To cash-flow at today's rent, offer at most $197k (26.9% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $226k (16.1% below list).
- Recommended offer: $197k (26.9% below list) — sets the bar for cash-flow.
Location & tenants
- Location reads 75/100 on livability (#158 in TX, #4,292 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F.
- Royse City ISD (rural): math 42% / reading 42% proficiency, ranked #266 of 826 in TX (top 32%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Zoned schools: Davis El (math 52% / reading 41%, grade D-, #1,080 of 4,322 statewide, top 25%, 500 students, 52% FRL); Ouida Baley Middle (math 32% / reading 35%, grade F, #911 of 1,662 statewide, top 56%, 934 students, 43% FRL); Royse City H S (math 38% / reading 55%, grade D-, #621 of 1,632 statewide, top 38%, 2,526 students, 37% FRL).
- Market conditions: Rents soft (-1.1%/yr); 1569 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 43d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 62% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 1,289 units permitted in Hunt County in 2024 (527 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k of value loss. Plan a longer hold.
- Hunt County population projected at +15% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 130 days — a 12% lower offer ($238k) is reasonable based on typical stale-listing flexibility.
- 6 sale attempts since 2y ago; this cycle's ask is 12907% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Risks & watch-outs
- Watch-outs: property tax is 2.8% of price.
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→25/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 130 days. Have you received any prior offers? Is the seller open to a 27% concession, seller financing, or rate buy-down credit?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 0.84% ✗
- Cap rate
- 4.46%
- Cash-on-cash
- -6.53%
- DSCR
- 0.71
- GRM
- 9.9
CMA / ARV
- ARV (median comp)
- $295,067
- List price
- $269,900
- Delta
- -8.53%
- Verdict
- FAIR
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 816 Willow Ln | 0.10mi | 4/2.0 | 1,770 (-5%) | 0mo | $255,000 | $144 | 88 |
| 2004 Strongbark Dr | 0.12mi | 4/2.0 | 1,652 (-11%) | 2mo | $252,500 | $153 | 74 |
| 1217 Acacia Dr | 0.26mi | 4/2.0 | 1,996 (+8%) | 5mo | $298,490 | $150 | 71 |
| 1017 Whispering Oak Dr | 0.10mi | 4/3.0 | 2,097 (+13%) | 4mo | $295,000 | $141 | 67 |
| 2133 Fimbry Dr | 0.18mi | 3/2.0 (-1) | 1,615 (-13%) | 4mo | $270,000 | $167 | 62 |
| 1229 Cedar Cove Pl | 0.58mi | 3/2.0 (-1) | 1,884 (+2%) | 4mo | $250,000 | $133 | 62 |
| 3017 Oak Crest Dr | 0.68mi | 3/2.0 (-1) | 1,864 (+0%) | 4mo | $299,999 | $161 | 59 |
| 1929 Berrywood Dr | 0.40mi | 4/3.0 | 2,065 (+11%) | 0mo | $294,999 | $143 | 58 |
| 2122 Berrywood Dr | 0.36mi | 3/2.0 (-1) | 1,613 (-13%) | 0mo | $270,000 | $167 | 56 |
| 3112 Burwood Ln | 0.62mi | 3/2.0 (-1) | 1,720 (-7%) | 3mo | $249,900 | $145 | 51 |
| 1228 Koto Wood Dr | 0.45mi | 3/2.0 (-1) | 1,608 (-13%) | 2mo | $269,000 | $167 | 49 |
| 1828 Elderberry St | 0.60mi | 3/2.0 (-1) | 1,622 (-13%) | 4mo | $250,000 | $154 | 43 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -31.6%
- Equity multiple
- -0.01×
- Total profit
- $-76,336
- Equity at exit
- $40,243
- IRR
- -62.4%
- Equity multiple
- -0.65×
- Total profit
- $-124,883
- Equity at exit
- $23,336
Cash invested: $75,572 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 55 active · 21 under contract
- Months of supply
- 10.0 mo (10%/mo absorbed)
- Median asking
- $285,000 ($159/sqft)
- Median days on market
- 125 d
- This list price
- 27% of active listings are priced below it
- ARV vs active asking
- -0.3% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 75189
- Home prices YoY
- -25.0%
- Rents YoY
- -1.1%
- Active inventory
- 1569
- Price-to-rent
- 9.9×
Monthly cashflow live
- Estimated rent
- $2,264 high interval (Pro) →
- Mortgage (P&I)
- −$1,415
- Tax from tax record
- −$629 /mo · $7,551/yr
- Insurance
- −$112
- HOA
- −$43
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$475
- Net cashflow
- $-411
Break-even live
Sensitivity live
| Price | -10% $-259 | -5% $-335 | +0% $-411 | +5% $-488 | +10% $-564 |
|---|---|---|---|---|---|
| Rent | -10% $-590 | -5% $-501 | +0% $-411 | +5% $-322 | +10% $-233 |
| Rate | -1.0pp $-276 | -0.5pp $-343 | base $-411 | +0.5pp $-481 | +1.0pp $-553 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $67,475
- Closing costs
- $8,097
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 2113 Tulipwood Dr Royse City, TX | 4.0 | 2.0 | 1857 | $2,075 | $1.12 | 51d | 1 | 0.03mi |
| 2128 Whispering Sage Blvd Royse City, TX | 4.0 | 2.5 | 2306 | $2,400 | $1.04 | 73d | 1 | 0.04mi |
| 2133 Tulipwood Dr Royse City, TX | 4.0 | 2.0 | 1770 | $2,295 | $1.30 | 93d | 1 | 0.05mi |
| 2137 Whispering Sage Blvd Royse City, TX | 4.0 | 2.0 | 1815 | $2,100 | $1.16 | 0d | 1 | 0.06mi |
| 2124 Tulipwood Dr Royse City, TX | 4.0 | 2.0 | 1703 | $2,200 | $1.29 | 68d | 1 | 0.06mi |
| 1004 Basswood Ln Royse City, TX | 4.0 | 2.0 | 2097 | $1,995 | $0.95 | 64d | 1 | 0.09mi |
| 2102 Fimbry Dr Royse City, TX | 3.0 | 2.0 | 1605 | $1,850 | $1.15 | 0d | 1 | 0.11mi |
| 1008 Silver Maple Ln Royse City, TX | 4.0 | 3.0 | 2097 | $2,050 | $0.98 | 26d | 1 | 0.14mi |
| 1125 Silver Maple Ln Royse City, TX | 3.0 | 2.0 | 1590 | $1,895 | $1.19 | 73d | 1 | 0.21mi |
| 1125 Silver Maple Ln Royse City, TX | 3.0 | 2.0 | 1444 | $1,895 | $1.31 | 93d | 1 | 0.21mi |
| 2134 Donker Dr Royse City, TX | 4.0 | 2.0 | 1838 | $1,950 | $1.06 | 50d | 1 | 0.23mi |
| 2141 Donker Dr Royse City, TX | 4.0 | 2.0 | 1838 | $1,850 | $1.01 | 64d | 1 | 0.26mi |
| 2141 Donker Dr Royse City, TX | 4.0 | 2.0 | 1838 | $1,850 | $1.01 | 52d | 1 | 0.26mi |
| 1226 Banyan Dr Royse City, TX | 4.0 | 2.0 | 1996 | $1,895 | $0.95 | 68d | 1 | 0.26mi |
| 1216 Alder Tree Ln Royse City, TX | 4.0 | 2.5 | 2260 | $1,899 | $0.84 | 12d | 1 | 0.28mi |
| 1312 Silver Maple Ln Royse City, TX | 3.0 | 2.5 | 1406 | $1,695 | $1.21 | 93d | 1 | 0.29mi |
| 1608 River Oak Ln Royse City, TX | 4.0 | 2.0 | 1801 | $1,996 | $1.11 | 42d | 1 | 0.30mi |
| 2117 Croton Ave Royse City, TX | 4.0 | 2.0 | 1706 | $1,995 | $1.17 | 0d | 1 | 0.30mi |
| 1201 Honeywood Ln Royse City, TX | 4.0 | 2.5 | 2077 | $1,995 | $0.96 | 33d | 1 | 0.31mi |
| 1225 Alder Tree Ln Royse City, TX | 3.0 | 2.5 | 2181 | $1,950 | $0.89 | 43d | 1 | 0.31mi |
| 1321 Basswood Ln Royse City, TX | 4.0 | 2.0 | 1572 | $1,820 | $1.16 | 7d | 1 | 0.33mi |
| 1309 Alder Tree Ln Royse City, TX | 4.0 | 2.5 | 1532 | $1,876 | $1.22 | 0d | 1 | 0.34mi |
| 1401 Silver Maple Ln Royse City, TX | 4.0 | 2.5 | 1977 | $2,200 | $1.11 | 14d | 1 | 0.34mi |
| 1328 River Oak Ln Royse City, TX | 4.0 | 2.0 | 2196 | $2,350 | $1.07 | 36d | 1 | 0.35mi |
| 2117 Berrywood Dr Royse City, TX | 4.0 | 2.0 | 1706 | $2,095 | $1.23 | 50d | 1 | 0.36mi |
| 2117 Berrywood Dr Royse City, TX | 4.0 | 2.0 | 1703 | $2,095 | $1.23 | 52d | 1 | 0.36mi |
| 1309 Honeywood Ln Royse City, TX | 3.0 | 2.0 | 1514 | $1,746 | $1.15 | 48d | 1 | 0.36mi |
| 1309 Honeywood Ln Royse City, TX | 3.0 | 2.0 | 1514 | $1,635 | $1.08 | 42d | 1 | 0.36mi |
| 1300 Land Oak Rd Royse City, TX | 3.0 | 2.5 | 1970 | $2,000 | $1.02 | 19d | 1 | 0.37mi |
| 1300 Land Oak Rd Royse City, TX | 3.0 | 2.5 | 1970 | $1,945 | $0.99 | 28d | 1 | 0.37mi |
| 1313 Honeywood Ln Royse City, TX | 3.0 | 2.0 | 1433 | $1,700 | $1.19 | 43d | 1 | 0.37mi |
| 1817 Berrywood Dr Royse City, TX | 3.0 | 2.0 | 1406 | $1,995 | $1.42 | 3d | 1 | 0.38mi |
| 1217 River Oak Ln Royse City, TX | 4.0 | 2.0 | 1797 | $1,850 | $1.03 | 1d | 1 | 0.46mi |
| 1817 Acacia Dr Royse City, TX | 4.0 | 3.0 | 2118 | $2,000 | $0.94 | 63d | 1 | 0.48mi |
| 1501 Applegate Way Royse City, TX | 3.0 | 2.0 | 1600 | $1,995 | $1.25 | 7d | 1 | 0.50mi |
| 1916 Elderberry St Royse City, TX | 3.0 | 2.0 | 1654 | $1,849 | $1.12 | 7d | 1 | 0.53mi |
| 1908 Elderberry St Royse City, TX | 3.0 | 2.0 | 1926 | $2,450 | $1.27 | 4d | 1 | 0.53mi |
| 1204 Cedar Cove Pl Royse City, TX | 3.0 | 2.0 | 1450 | $1,925 | $1.33 | 73d | 1 | 0.53mi |
| 1825 Damianita Dr Royse City, TX | 4.0 | 2.0 | 1999 | $2,100 | $1.05 | 64d | 1 | 0.55mi |
| 1828 Elderberry St Royse City, TX | 3.0 | 2.0 | 1907 | $1,995 | $1.05 | 64d | 1 | 0.57mi |
Listing history 29 events
-
2026-06-17days on market $269,900 Active 130 DOM
-
2026-06-16days on market $269,900 Active 129 DOM
-
2026-06-15days on market $269,900 Active 128 DOM
-
2026-06-13days on market $269,900 Active 126 DOM
-
2026-06-09days on market $269,900 Active 122 DOM
-
2026-06-08days on market $269,900 Active 121 DOM
-
2026-06-07days on market $269,900 Active 120 DOM
-
2026-06-04days on market $269,900 Active 117 DOM
-
2026-06-03days on market $269,900 Active 116 DOM
-
2026-06-02days on market $269,900 Active 115 DOM
-
2026-06-01days on market $269,900 Active 114 DOM
-
2026-05-31days on market $269,900 Active 113 DOM
-
2026-05-15$2,075
-
2026-04-25status Active 1422-char remark
Show marketing remark (1422 chars)
Discover a perfect blend of rustic charm and modern convenience in this beautifully designed 4 bedroom, 2 bath home, complete with a 2 car garage. This property boasts an inviting brick and stone façade, exuding sleek curb appeal that catches the eye from the moment you arrive. Step inside to find a thoughtfully laid out, open, split concept floor plan that feels both spacious and intimate. The large kitchen serves as the heart of the home, featuring a magnificent island that seamlessly flows into the cozy living area. This open concept enhances the home’s airy feel, making it perfect for both everyday living and entertaining. The generous primary bedroom is a true retreat, highlighted by an elegant barn door leading to an ensuite bath. Indulge in the oversized shower and enjoy the convenience of a walk-in closet, providing ample storage for all your needs. The secondary bedrooms offer a cozy atmosphere, ideal for relaxation or welcoming guests. Functional details add to the home's appeal with a spacious laundry room, ensuring practicality without sacrificing style. The property’s exterior complements its warm interior, with a perfect combination of rustic elements and contemporary design. Escape to your backyard retreat, enjoy the extended patio with pergola perfect for weekend cookouts! This remarkable property meets every expectation. Located just minutes from I30 and Rockwall.
-
2026-04-24historical Active Option Contract 1422-char remark
Show marketing remark (1422 chars)
Discover a perfect blend of rustic charm and modern convenience in this beautifully designed 4 bedroom, 2 bath home, complete with a 2 car garage. This property boasts an inviting brick and stone façade, exuding sleek curb appeal that catches the eye from the moment you arrive. Step inside to find a thoughtfully laid out, open, split concept floor plan that feels both spacious and intimate. The large kitchen serves as the heart of the home, featuring a magnificent island that seamlessly flows into the cozy living area. This open concept enhances the home’s airy feel, making it perfect for both everyday living and entertaining. The generous primary bedroom is a true retreat, highlighted by an elegant barn door leading to an ensuite bath. Indulge in the oversized shower and enjoy the convenience of a walk-in closet, providing ample storage for all your needs. The secondary bedrooms offer a cozy atmosphere, ideal for relaxation or welcoming guests. Functional details add to the home's appeal with a spacious laundry room, ensuring practicality without sacrificing style. The property’s exterior complements its warm interior, with a perfect combination of rustic elements and contemporary design. Escape to your backyard retreat, enjoy the extended patio with pergola perfect for weekend cookouts! This remarkable property meets every expectation. Located just minutes from I30 and Rockwall.
-
2026-02-07$269,900 Active 1422-char remark
Show marketing remark (1422 chars)
Discover a perfect blend of rustic charm and modern convenience in this beautifully designed 4 bedroom, 2 bath home, complete with a 2 car garage. This property boasts an inviting brick and stone façade, exuding sleek curb appeal that catches the eye from the moment you arrive. Step inside to find a thoughtfully laid out, open, split concept floor plan that feels both spacious and intimate. The large kitchen serves as the heart of the home, featuring a magnificent island that seamlessly flows into the cozy living area. This open concept enhances the home’s airy feel, making it perfect for both everyday living and entertaining. The generous primary bedroom is a true retreat, highlighted by an elegant barn door leading to an ensuite bath. Indulge in the oversized shower and enjoy the convenience of a walk-in closet, providing ample storage for all your needs. The secondary bedrooms offer a cozy atmosphere, ideal for relaxation or welcoming guests. Functional details add to the home's appeal with a spacious laundry room, ensuring practicality without sacrificing style. The property’s exterior complements its warm interior, with a perfect combination of rustic elements and contemporary design. Escape to your backyard retreat, enjoy the extended patio with pergola perfect for weekend cookouts! This remarkable property meets every expectation. Located just minutes from I30 and Rockwall.
-
2025-08-01price $279,000
-
2025-07-17$285,000 Active
-
2025-06-09status Active
-
2025-06-07historical
-
2025-05-22price $289,900
-
2025-05-05price $295,900
-
2025-04-26price $299,900
-
2025-04-18price $304,900
-
2025-04-03price $307,900
-
2025-03-31price $312,000
-
2025-01-31price $315,900
-
2024-11-01price $319,000
-
2024-09-26$322,000 Active
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $7,551 · $629/mo
- Projected year-2 tax
- $7,551 · $629/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 8/10 Severe 7 d/yr ≥110°F today · 25 d/yr by 30 yrs out
- Wind 6/10 Major 27% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $27,169
- − Mortgage interest
- −$15,119
- − Property taxes
- −$7,551
- − Insurance
- −$1,350
- − Repairs & maintenance
- −$2,173
- − Management
- −$2,173
- − HOA
- −$516
- − Depreciation
- −$7,852
- Taxable loss
- −$9,565
- Est. tax savings @ 24.0%
- +$2,296
- After-tax cash flow
- $-2,642/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This well-maintained single-family home offers a blend of rustic charm and modern convenience, with a good condition score and minimal repairs needed.
Value-add opportunities
- Resale Paint exterior trim — Enhances curb appeal and value. ↑
- Rental Clean gutters — Keeps property in good condition and reduces maintenance costs. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Royse City ISD
- NCES district ID
- 4838220
- Math proficiency
- 42% ▼ -10.00%
- Reading proficiency
- 42% ▼ -5.00%
- Median HH income
- $73,810
- Composite
- 38.44/100
- National rank
- #4197
- State rank
- #266 of 826 in TX
Livability — Royse City
- Score
- 75/100
- State rank
- #158
- US rank
- #4292
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- County
- Rockwall County · 97,090 people
- City population
- 48,739
- Metro
- Dallas-Fort Worth-Arlington, TX
- Population (ZIP)
- 48,739
- Household income
- $117,125
- Rent vs Own
- Severe rent burden
- 22% of renters
Population outlook (Hunt County) Hauer SSP2
- Today (2025)
- 97,090 people
- By 2030
- 100,452 · +3.5%
- By 2040
- 106,544 · +9.7%
- By 2050
- 111,218 · +14.6%
- By 2075
- 121,695 · +25.3%
- By 2100
- 123,683 · +27.4%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.57)
- Race & ethnicity
- White 60% Hispanic / Latino 25% Two or more races 12% Black 10% Asian 2%
- Hispanic origin (detail)
- Mexican 20%
- Common ancestry
- Slovak 2% Serbian 1% Lithuanian 1%
- Foreign-born
- 10% · Canada, Philippines, Jamaica
- Languages at home
- 80% English-only · Spanish 15% Other Indo-European 1%
Political lean MEDSL · Hunt
- 2024 margin
- Solid R (+55.5) · D 21.9% · R 77.4%
- 2008→2024 swing
- -14.9pp toward R · 2008: -40.6pp · 2024: -55.5pp
- All cycles
- 2024: R+55.5 2020: R+52.5 2016: R+56.3 2012: R+51.2 2008: R+40.6
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -71.10%
- Current HPI
- 212.8422
- Rent YoY
- ▼ -1.13%
- Metro
- Dallas-Fort Worth-Arlington, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-99.4% since first listed17 events — show timeline
- 2026-05-15 Listed for Rent $2,075 NTREIS
- 2026-04-25 Relisted — NTREIS
- 2026-04-24 Contingent — NTREIS
- 2026-02-07 Listed $269,900 NTREIS
- 2025-08-01 Price Changed $279,000 NTREIS
- 2025-07-17 Listed $285,000 NTREIS
- 2025-06-09 Relisted — NTREIS
- 2025-06-07 Listing Removed — NTREIS
- 2025-05-22 Price Changed $289,900 NTREIS
- 2025-05-05 Price Changed $295,900 NTREIS
- 2025-04-26 Price Changed $299,900 NTREIS
- 2025-04-18 Price Changed $304,900 NTREIS
- 2025-04-03 Price Changed $307,900 NTREIS
- 2025-03-31 Price Changed $312,000 NTREIS
- 2025-01-31 Price Changed $315,900 NTREIS
- 2024-11-01 Price Changed $319,000 NTREIS
- 2024-09-26 Listed $322,000 NTREIS
Property tax history
+43.2%/yrLatest (2025): $7,551 · -7.0% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…