2420 Leighton Top Rd · 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 5/10 · Moderate
- 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
- 24 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 +12.4/15.0
- Cash flow +9.6/30.0
- Condition / age +5.0/5.0
- Schools +3.8/10.0
- Livability +3.8/5.0
- 1% rule +3.1/10.0
- DSCR +2.7/10.0
- Rent growth +2.2/5.0
- Appreciation +0.0/10.0
$283,805
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks MLS
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
Key facts
- 4,356 sq ft lot
- 2 garage spots
- Community pool
Neighborhood map
What this means for you Summary
Snapshot
- This is a 3-bed/2.0-bath single-family listed at $284k. Condition is rated excellent.
Deal economics
- At list price, monthly cash flow is $-190 ($-2k/yr) — negative.
- To cash-flow at today's rent, offer at most $256k (9.7% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $230k (18.9% below list).
- Recommended offer: $230k (18.9% below list) — sets the bar for 1% rule.
- Cap rate 5.5% vs local median 4.2% in Royse City — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
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); 1301 active listings in the ZIP; 29 comparable units currently listed for rent nearby; rentals leasing fast (median 7d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 19,194 units permitted in Collin County in 2024 (3,988 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 $9k of value loss. Plan a longer hold.
- Collin County population projected at +60% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 426 days — a 12% lower offer ($250k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts; this cycle's ask has dropped $16k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; moderate wildfire risk; extreme-heat days projected 7→24/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 426 days. Have you received any prior offers? Is the seller open to a 19% concession, seller financing, or rate buy-down credit?
- 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
- 0.81% ✗
- Cap rate
- 5.49%
- Cash-on-cash
- -2.86%
- DSCR
- 0.87
- GRM
- 10.3
CMA / ARV
- ARV (median comp)
- $318,441
- List price
- $283,805
- Delta
- -10.88%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 2821 Robertson Way | 0.22mi | 3/2.0 | 1,532 (+2%) | 19mo | $299,900 | $196 | 70 |
| 3000 Beau Daniel Dr | 0.12mi | 3/2.0 | 1,711 (+14%) | 1mo | $330,135 | $193 | 70 |
| 2248 Aspen Chase Dr | 0.02mi | 4/2.0 (+1) | 1,668 (+11%) | 8mo | $299,990 | $180 | 69 |
| 2231 River Bend Rd | 0.18mi | 3/2.0 | 1,658 (+10%) | 8mo | $299,000 | $180 | 68 |
| 2740 Green River Rd | 0.20mi | 3/2.0 | 1,586 (+6%) | 21mo | $289,900 | $183 | 64 |
| 2825 Robertson Way | 0.21mi | 3/2.0 | 1,586 (+6%) | 22mo | $299,900 | $189 | 62 |
| 2821 King William St | 0.08mi | 3/2.0 | 1,711 (+14%) | 15mo | $339,490 | $198 | 60 |
| 2705 Green River Rd | 0.20mi | 3/3.0 | 1,598 (+6%) | 20mo | $299,000 | $187 | 59 |
| 2237 Spring Side Dr | 0.33mi | 3/2.0 | 1,711 (+14%) | 14mo | $299,999 | $175 | 50 |
| 2716 Green River Rd | 0.18mi | 4/2.0 (+1) | 1,709 (+14%) | 17mo | $297,000 | $174 | 50 |
| 2240 Aspen Chase Dr | 0.43mi | 4/2.0 (+1) | 1,709 (+14%) | 4mo | $307,000 | $180 | 48 |
| 2721 Caroline St | 0.16mi | 4/2.0 (+1) | 1,709 (+14%) | 20mo | $329,000 | $193 | 48 |
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
- -24.5%
- Equity multiple
- 0.19×
- Total profit
- $-64,747
- Equity at exit
- $42,316
- IRR
- -32.7%
- Equity multiple
- -0.23×
- Total profit
- $-97,737
- Equity at exit
- $24,538
Cash invested: $79,465 (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
ZIP-level market 75189
- Home prices YoY
- -25.0%
- Rents YoY
- -1.1%
- Active inventory
- 1301
- Price-to-rent
- 10.3×
Monthly cashflow live
- Estimated rent
- $2,301 high interval (Pro) →
- Mortgage (P&I)
- −$1,488
- Tax est. 1.5%
- −$355 /mo · $4,257/yr
- Insurance
- −$118
- HOA
- −$46
- Vacancy / Maint / Mgmt
- −$483
- Net cashflow
- $-190
Break-even live
Sensitivity live
| Price | -10% $6 | -5% $-92 | +0% $-190 | +5% $-288 | +10% $-386 |
|---|---|---|---|---|---|
| Rent | -10% $-371 | -5% $-281 | +0% $-190 | +5% $-99 | +10% $-8 |
| Rate | -1.0pp $-47 | -0.5pp $-117 | base $-190 | +0.5pp $-263 | +1.0pp $-338 |
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
- $70,951
- Closing costs
- $8,514
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 29 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3032 Leatherwood Ln Royse City, TX | 3.0 | 2.0 | 1586 | $2,100 | $1.32 | 7d | 1 | 0.11mi |
| 3109 Leatherwood Ln Royse City, TX | 4.0 | 2.0 | 1800 | $2,295 | $1.27 | 14d | 1 | 0.13mi |
| 3109 Leatherwood Ln Royse City, TX | 4.0 | 2.0 | 1800 | $2,050 | $1.14 | 1d | 1 | 0.13mi |
| 2529 Moser Ln Royse City, TX | 4.0 | 3.0 | 2174 | $2,600 | $1.20 | 0d | 1 | 0.16mi |
| 2629 Green River Rd Royse City, TX | 4.0 | 3.0 | 2182 | $2,500 | $1.15 | 0d | 1 | 0.22mi |
| 2629 Green River Rd Royse City, TX | 4.0 | 3.0 | 2182 | $2,500 | $1.15 | 26d | 1 | 0.22mi |
| 2717 Green River Rd Royse City, TX | 3.0 | 2.5 | 1935 | $2,199 | $1.14 | 9d | 1 | 0.23mi |
| 2413 Spring Side Dr Royse City, TX | 4.0 | 3.0 | 2164 | $2,190 | $1.01 | 45d | 1 | 0.23mi |
| 305 Banner Ave Royse City, TX | 4.0 | 2.0 | 1830 | $2,350 | $1.28 | 4d | 1 | 0.51mi |
| 2912 Wooten Trl Royse City, TX | 4.0 | 3.0 | 2092 | $1,895 | $0.91 | 4d | 1 | 0.51mi |
| 3000 Buttonbush Dr Royse City, TX | 4.0 | 2.0 | 1892 | $1,895 | $1.00 | 17d | 1 | 0.65mi |
| 3032 Zinnia St Royse City, TX | 4.0 | 2.0 | 1917 | $2,000 | $1.04 | 26d | 1 | 0.70mi |
| 113 Keller Rd Royse City, TX | 4.0 | 2.0 | 1917 | $1,950 | $1.02 | 45d | 1 | 0.71mi |
| 113 Keller Rd Royse City, TX | 4.0 | 2.0 | 1917 | $1,950 | $1.02 | 22d | 1 | 0.71mi |
| 3312 Buttonbush Dr Royse City, TX | 4.0 | 2.0 | 1892 | $2,135 | $1.13 | 1d | 1 | 0.72mi |
| 1825 Lotus St Royse City, TX | 4.0 | 2.0 | 1996 | $2,195 | $1.10 | 4d | 1 | 1.10mi |
| 1813 Huisache St Royse City, TX | 3.0 | 2.0 | 1600 | $1,895 | $1.18 | 20d | 1 | 1.19mi |
| 1844 Javelina St Royse City, TX | 4.0 | 2.0 | 1720 | $2,295 | $1.33 | 6d | 1 | 1.21mi |
| 1817 Grassland Dr Royse City, TX | 3.0 | 2.0 | 1763 | $2,000 | $1.13 | 1d | 1 | 1.22mi |
| 1852 Javelina St Royse City, TX | 4.0 | 2.0 | 1900 | $2,200 | $1.16 | 0d | 1 | 1.22mi |
| 1828 Elderberry St Royse City, TX | 3.0 | 2.0 | 1907 | $1,995 | $1.05 | 17d | 1 | 1.34mi |
| 1944 Javelina St Royse City, TX | 3.0 | 2.0 | 1934 | $2,195 | $1.13 | 0d | 1 | 1.34mi |
| 1825 Damianita Dr Royse City, TX | 4.0 | 2.0 | 1999 | $2,100 | $1.05 | 17d | 1 | 1.35mi |
| 1937 Huisache St Royse City, TX | 4.0 | 2.0 | 1999 | $2,200 | $1.10 | 0d | 1 | 1.36mi |
| 3745 Prairie Chapel Rd Royse City, TX | 4.0 | 2.0 | 1962 | $2,400 | $1.22 | 0d | 1 | 1.40mi |
| 1817 Acacia Dr Royse City, TX | 4.0 | 3.0 | 2118 | $2,000 | $0.94 | 16d | 1 | 1.40mi |
| 1916 Elderberry St Royse City, TX | 3.0 | 2.0 | 1654 | $2,059 | $1.24 | 0d | 1 | 1.43mi |
| 1944 Fox Glove St Royse City, TX | 4.0 | 2.0 | 1478 | $1,795 | $1.21 | 45d | 1 | 1.45mi |
| 3105 Oak Crest Dr Royse City, TX | 3.0 | 2.0 | 1864 | $1,929 | $1.03 | 24d | 1 | 1.46mi |
HOA detail
- Monthly dues
- $46 · $552/yr
Listing history 22 events
-
2026-06-21days on market $283,805 Active 426 DOM
-
2026-06-18days on market $283,805 Active 423 DOM
-
2026-06-17days on market $283,805 Active 422 DOM
-
2026-06-16days on market $283,805 Active 421 DOM
-
2026-06-15days on market $283,805 Active 420 DOM
-
2026-06-13days on market $283,805 Active 418 DOM
-
2026-06-09days on market $283,805 Active 414 DOM
-
2026-06-08days on market $283,805 Active 413 DOM
-
2026-06-07days on market $283,805 Active 412 DOM
-
2026-06-04days on market $283,805 Active 409 DOM
-
2026-06-03days on market $283,805 Active 408 DOM
-
2026-06-02days on market $283,805 Active 407 DOM
-
2026-06-01days on market $283,805 Active 406 DOM
-
2026-05-31days on market $283,805 Active 405 DOM
-
2025-09-16price $283,805 1469-char remark
Show marketing remark (1469 chars)
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
-
2025-09-15price $283,805 414-char remark
Show marketing remark (414 chars)
MLS# 20911194 - Built by William Ryan Homes - Apr 2026 completion! ~ The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space.
-
2025-04-27status Active 1469-char remark
Show marketing remark (1469 chars)
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
-
2025-04-27price $269,990 1469-char remark
Show marketing remark (1469 chars)
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
-
2025-04-27historical 1469-char remark
Show marketing remark (1469 chars)
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
-
2025-04-26price $269,990 414-char remark
Show marketing remark (414 chars)
MLS# 20911194 - Built by William Ryan Homes - Apr 2026 completion! ~ The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space.
-
2025-04-21$299,990 Active 414-char remark
Show marketing remark (414 chars)
MLS# 20911194 - Built by William Ryan Homes - Apr 2026 completion! ~ The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space.
-
2025-04-20$299,990 Active 1469-char remark
Show marketing remark (1469 chars)
The Amarillo is an exclusive floor plan to our Creekside community, offering 3-bedroom, 2-bath, 2-car garage. . Designed with energy efficiency in mind, this beautiful single-story home provides comfort and practicality, making it an ideal choice for first-time homebuyers or those looking for a smaller, low-maintenance home with plenty of space. Open-Concept Layout The open-concept layout creates a spacious feel, with a great room that flows seamlessly into the kitchen and dining areas. The kitchen features ample counter space, making it easy to cook and entertain. The dining area is conveniently located next to the kitchen, ideal for family meals and gatherings. Owner's Suite: Privacy & Convenience The owner's suite is located at the back of the home for added privacy, offering a peaceful retreat with a walk-in closet and an ensuite bathroom. The two additional bedrooms, are situated toward the front of the home, making this split layout design perfect for families, guests, or a home office. Energy-Efficient Features With energy-efficient features throughout, The Amarillo is designed to keep utility costs low while maintaining a comfortable living environment. The two-car garage offers plenty of storage space and convenient access to the laundry room. The Amarillo floor plan provides the perfect combination of style, energy savings, and practicality, making it an excellent choice for anyone looking to start their homeownership journey!
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 5/10 Major
- Heat 8/10 Severe 7 d/yr ≥110°F today · 24 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
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Taxation est. · year 1
- Rental income
- $27,610
- − Mortgage interest
- −$15,897
- − Property taxes
- −$4,257
- − Insurance
- −$1,419
- − Repairs & maintenance
- −$2,209
- − Management
- −$2,209
- − HOA
- −$552
- − Depreciation
- −$8,256
- Taxable loss
- −$7,189
- Est. tax savings @ 24.0%
- +$1,725
- After-tax cash flow
- $-550/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 · 2 photos
This single-family home is in excellent condition with no visible repairs or maintenance needed. It is move-in ready and ideal for first-time homebuyers or those seeking a low-maintenance property.
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
- Census place
- Royse City, TX
- County
- Rockwall County · 132,930 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
- 569.0
Population outlook (Collin County) Hauer SSP2
- Today (2025)
- 1,210,074 people
- By 2030
- 1,358,201 · +12.2%
- By 2040
- 1,654,061 · +36.7%
- By 2050
- 1,937,359 · +60.1%
- By 2075
- 2,567,039 · +112.1%
- By 2100
- 2,952,048 · +144.0%
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 · Collin
- 2024 margin
- R (+11.1) · D 43.1% · R 54.3% · Other 2.6%
- 2008→2024 swing
- +14.4pp toward D · 2008: -25.6pp · 2024: -11.1pp
- All cycles
- 2024: R+11.1 2020: R+4.3 2016: R+17.0 2012: R+31.6 2008: R+25.6
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
-5.4% since first listed8 events — show timeline
- 2025-09-16 Price Changed $283,805 Zillow
- 2025-09-15 Price Changed $283,805 NTREIS
- 2025-04-27 Relisted — Zillow
- 2025-04-27 Price Changed $269,990 Zillow
- 2025-04-27 Delisted — Zillow
- 2025-04-26 Price Changed $269,990 NTREIS
- 2025-04-21 Listed $299,990 NTREIS
- 2025-04-20 Listed $299,990 Zillow
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…