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5232 Roll Cast Rd
C Composite 58.75
Why this score? — see what drove the C 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).

  • Cash flow +19.5/30.0
  • ARV discount +12.9/15.0
  • DSCR +6.2/10.0
  • 1% rule +5.1/10.0
  • Condition / age +5.0/5.0
  • Schools +4.1/10.0
  • Livability +3.8/5.0
  • Rent growth +2.2/5.0
  • Appreciation +0.0/10.0

$219,999

5232 Roll Cast Rd · Royse City, TX 75189
3 bd · 2.5 ba · 1,504 sqft · Townhouse · 184 Days on market
Built 2026 Excellent condition 4,796 sqft lot 2-car garage $146/sqft · 12% below area Est $250k · 12% under $175/mo HOA · 8% of rent

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

This floorplan is great for those that want all of the main living areas on one floor. The California kitchen opens to a large family room and dining area. Guests can remain downstairs as the first floor also includes a powder bath. The patio offers privacy alongside a rear-entry garage, and all bedrooms are upstairs. The owner's suite includes a spacious walk-in closet, dual vanity sink, linen closet and walk-in shower. With the utility room also being on the second floor, laundry is made that much more convenient being just steps away from all bedrooms.

Key facts

  • $175 HOA
  • 2 garage spots
  • Community pool

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/2.5-bath townhouse listed at $220k. Condition is rated excellent.

Deal economics

  • At list price, monthly cash flow is $249 ($3k/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • Meets the 1% rule at list price ($2k rent vs $220k).
  • Recommended offer: $194k (12.0% below list) — sets the bar for market timing.
  • Cap rate 7.6% 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: W R (Bill) Fort El (math 51% / reading 36%, grade F, #1,269 of 4,322 statewide, top 30%, 614 students, 36% 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) — zoned schools at 38% FRL track the district average.
  • Market conditions: Rents soft (-1.1%/yr); 2102 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 87d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 70% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 1,810 units permitted in Rockwall County in 2024 (0 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 $7k of value loss. Plan a longer hold.
  • Rockwall County population projected at +56% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 184 days — a 12% lower offer ($194k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $36k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Recommended offer $193,599 (12.0% below list)

Questions for the listing agent

  1. It's been on market 184 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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.
  6. 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.
  7. 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
1.01% ✓
Cap rate
7.65%
Cash-on-cash
4.84%
DSCR
1.22
GRM
8.2

CMA / ARV

ARV (median comp)
$250,130
List price
$219,999
Delta
-12.05%
Verdict
UNDERPRICED
Comps
10 within 1.0 mi
Show comp detail 6 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
5414 E Runnel Rd 0.06mi 3/2.5 1,613 (+7%) 8mo $209,999 $130 78
5240 Roll Cast Rd 0.01mi 3/2.5 1,773 (+18%) 1mo $267,999 $151 73
5110 Roll Cast Dr 0.08mi 3/2.5 1,613 (+7%) 17mo $261,537 $162 70
5252 Roll Cast Rd 0.03mi 3/2.5 1,773 (+18%) 8mo $239,999 $135 67
5308 Cariway Dr 0.03mi 3/2.5 1,773 (+18%) 10mo $269,699 $152 65
5114 Roll Cast Dr 0.08mi 3/2.5 1,773 (+18%) 20mo $299,105 $169 54

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

5-year hold
IRR
-12.2%
Equity multiple
0.57×
Total profit
$-26,308
Equity at exit
$32,803
10-year hold
IRR
-8.3%
Equity multiple
0.55×
Total profit
$-27,606
Equity at exit
$19,021

Cash invested: $61,600 (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
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.
Buyer's market Market conditions within 1.0 mi — comparable homes for sale

Active competition Active MLS

For sale now
11 active · 1 under contract
Months of supply
33.0 mo (3%/mo absorbed)
Median asking
$278,999 ($168/sqft)
Median days on market
104 d
This list price
lowest-priced of the active set
ARV vs active asking
-1.0% 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
2102
Price-to-rent
8.2×

Monthly cashflow live

Estimated rent
$2,224 high interval (Pro) →
Mortgage (P&I)
−$1,154
Tax from tax record
−$88 /mo · $1,060/yr
Insurance
−$92
HOA
−$175
Vacancy / Maint / Mgmt
−$467
Net cashflow
$249

Break-even live

Break-even rent $1,910
Max offer price $219,999
Occupancy floor 84%

Sensitivity live

Price -10% $373 -5% $311 +0% $249 +5% $186 +10% $124
Rent -10% $73 -5% $161 +0% $249 +5% $336 +10% $424
Rate -1.0pp $359 -0.5pp $305 base $249 +0.5pp $192 +1.0pp $134

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
$55,000
Closing costs
$6,600
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

AddressBedsBaths SqftRent$/sqft DOM Units Dist
5110 Roll Cast Dr Royse City, TX 3.0 2.5 1613 $2,400 $1.49 6d 1 0.09mi
714 Barbary Ln Royse City, TX 3.0 2.0 1627 $1,939 $1.19 3d 1 0.13mi
266 Canyon Crest Way Royse City, TX 4.0 2.0 2021 $2,195 $1.09 91d 1 0.20mi
266 Canyon Crest Way Royse City, TX 4.0 2.0 2021 $1,995 $0.99 64d 1 0.20mi
2031 Roaring Fork Dr Royse City, TX 3.0 2.0 1861 $2,495 $1.34 145d 1 0.29mi
431 Rivendale Way Royse City, TX 4.0 2.0 2014 $2,269 $1.13 65d 1 0.34mi
523 Francis Ln Royse City, TX 4.0 3.0 2029 $2,299 $1.13 184d 1 0.37mi
523 Francis Ln Royse City, TX 4.0 3.0 2029 $2,299 $1.13 1d 1 0.37mi
3136 Overlook Dr Royse City, TX 4.0 2.0 2046 $2,295 $1.12 184d 1 0.38mi
3136 Overlook Dr Royse City, TX 4.0 2.0 2046 $2,295 $1.12 143d 1 0.38mi
3213 Shady River Trl Royse City, TX 3.0 2.0 1858 $1,849 $1.00 163d 1 0.39mi
3140 Overlook Dr Royse City, TX 4.0 2.0 1866 $2,200 $1.18 184d 1 0.39mi
3178 Wind Knot Way Royse City, TX 3.0 2.0 1798 $2,150 $1.20 156d 1 0.40mi
3225 Shady River Trl Royse City, TX 3.0 2.0 1858 $2,200 $1.18 10d 1 0.42mi
600 Preston Dr Royse City, TX 3.0 2.0 1712 $1,770 $1.03 9d 1 0.43mi
3145 Wind Knot Way Royse City, TX 3.0 2.0 1686 $1,925 $1.14 56d 1 0.43mi
3145 Wind Knot Way Royse City, TX 3.0 2.0 1686 $2,475 $1.47 119d 1 0.43mi
3201 Overlook Dr Royse City, TX 4.0 2.0 1943 $1,995 $1.03 56d 1 0.43mi
208 Sunny Corner Rd Royse City, TX 3.0 2.0 1780 $1,695 $0.95 160d 1 0.46mi
7015 Hopper Ct Royse City, TX 4.0 2.5 2198 $2,300 $1.05 184d 1 0.51mi
617 Chestnut Ct Royse City, TX 4.0 2.0 2104 $1,862 $0.88 0d 1 0.51mi
704 Preston Dr Royse City, TX 3.0 2.0 1580 $1,895 $1.20 3d 1 0.52mi
2800 Spencer Cir Royse City, TX 3.0 2.0 1637 $1,850 $1.13 10d 1 0.52mi
3108 Overstreet Ln Royse City, TX 3.0 2.0 1680 $1,899 $1.13 143d 1 0.52mi
701 Orchid Blvd Royse City, TX 3.0 2.0 1834 $1,850 $1.01 94d 1 0.53mi
712 Preston Dr Royse City, TX 4.0 2.0 1965 $1,895 $0.96 144d 1 0.54mi
705 Orchid Blvd Royse City, TX 3.0 2.0 1637 $1,770 $1.08 22d 1 0.54mi
712 Preston Dr Royse City, TX 4.0 2.0 1965 $1,895 $0.96 131d 1 0.54mi
4023 Anglers Way Royse City, TX 4.0 3.5 2122 $3,500 $1.65 10d 1 0.55mi
2809 Spencer Cir Royse City, TX 3.0 2.0 2195 $1,605 $0.73 71d 1 0.55mi
2809 Spencer Cir Royse City, TX 3.0 2.0 2195 $1,826 $0.83 85d 1 0.55mi
3216 Overstreet Ln Royse City, TX 3.0 2.0 1633 $1,850 $1.13 72d 1 0.58mi
725 Orchid Blvd Royse City, TX 3.0 2.0 1558 $1,795 $1.15 184d 1 0.59mi
2908 Mockingbird St Royse City, TX 3.0 2.0 1927 $1,815 $0.94 29d 1 0.59mi
2801 Mockingbird St Royse City, TX 3.0 2.5 2186 $1,950 $0.89 10d 1 0.61mi
2701 Mockingbird St Royse City, TX 3.0 2.0 1954 $1,895 $0.97 88d 1 0.61mi
215 Jacaranda Dr Fate, TX 4.0 2.0 1900 $2,100 $1.11 86d 1 0.62mi
426 Oleander Dr Fate, TX 3.0 2.0 2126 $2,495 $1.17 131d 1 0.63mi
430 Oleander Dr Fate, TX 3.0 2.0 2039 $2,350 $1.15 184d 1 0.64mi
2725 Marsha Ln Royse City, TX 3.0 3.0 1746 $1,950 $1.12 51d 1 0.66mi

Property features AI

Finance

Other
Community amenities: community pool, jogging/bike path, park, playground
Financial info
Treat as clear loan typeNo second mortgage
HOA & community
Mandatory associationQuarterly HOA fee (525)HOA covers full use of facilities, grounds maintenance, and management feesHOA management: Legacy Southwest

Exterior

Parking
Attached 2-car garage (single 2-car door)2 covered parking spaces
Security
Smoke detector(s)
Utilities
City waterCity sewerNo municipal utility district
Home design
Residential townhouseAttached propertyTwo-storyNew construction (incomplete, 2026)
Construction
Brick constructionComposition roofSlab foundationYear built: 2026 (new construction - incomplete)
Exterior features
Covered porchCovered patio/porchWood fencingLot dimensions approximately 40 x 120

Interior

Kitchen
DishwasherDisposalGas rangeMicrowave
Bedrooms
3 bedrooms (primary bedroom on second level; two additional bedrooms on second level)
Flooring
CarpetVinyl
Bathrooms
2 full bathrooms1 half bathroom
Heating & cooling
Central heatingCentral air
Interior features
Open floor planKitchen islandPantryOne living areaOne dining areaRoom count: 6Two levels
Laundry & utility
Full-size washer/dryer area

Listing history 50 events

  1. 2026-11-08
    days on market $219,999 Active 184 DOM
  2. 2026-11-07
    days on market $219,999 Active 183 DOM
  3. 2026-11-06
    days on market $219,999 Active 182 DOM
  4. 2026-11-05
    days on market $219,999 Active 181 DOM
  5. 2026-11-04
    days on market $219,999 Active 180 DOM
  6. 2026-11-02
    days on market $219,999 Active 178 DOM
  7. 2026-11-01
    days on market $219,999 Active 177 DOM
  8. 2026-10-31
    days on market $219,999 Active 176 DOM
  9. 2026-10-30
    days on market $219,999 Active 175 DOM
  10. 2026-10-29
    days on market $219,999 Active 174 DOM
  11. 2026-10-28
    days on market $219,999 Active 173 DOM
  12. 2026-10-27
    days on market $219,999 Active 172 DOM
  13. 2026-10-26
    days on market $219,999 Active 171 DOM
  14. 2026-10-26
    days on market $219,999 Active 170 DOM
  15. 2026-10-24
    days on market $219,999 Active 169 DOM
  16. 2026-10-23
    price $219,999 Active 168 DOM
  17. 2026-10-23
    days on market $229,999 Active 168 DOM
  18. 2026-10-22
    days on market $229,999 Active 167 DOM
  19. 2026-10-21
    days on market $229,999 Active 166 DOM
  20. 2026-10-20
    days on market $229,999 Active 165 DOM
  21. 2026-10-19
    days on market $229,999 Active 164 DOM
  22. 2026-10-18
    days on market $229,999 Active 163 DOM
  23. 2026-10-17
    days on market $229,999 Active 162 DOM
  24. 2026-10-16
    days on market $229,999 Active 161 DOM
  25. 2026-10-15
    days on market $229,999 Active 160 DOM
  26. 2026-10-14
    days on market $229,999 Active 159 DOM
  27. 2026-10-13
    days on market $229,999 Active 158 DOM
  28. 2026-10-12
    days on market $229,999 Active 157 DOM
  29. 2026-10-11
    days on market $229,999 Active 156 DOM
  30. 2026-10-10
    days on market $229,999 Active 155 DOM
  31. 2026-10-09
    days on market $229,999 Active 154 DOM
  32. 2026-10-08
    days on market $229,999 Active 153 DOM
  33. 2026-10-07
    days on market $229,999 Active 152 DOM
  34. 2026-10-06
    days on market $229,999 Active 151 DOM
  35. 2026-10-05
    days on market $229,999 Active 150 DOM
  36. 2026-10-04
    days on market $229,999 Active 149 DOM
  37. 2026-10-03
    days on market $229,999 Active 148 DOM
  38. 2026-10-02
    days on market $229,999 Active 147 DOM
  39. 2026-10-01
    days on market $229,999 Active 146 DOM
  40. 2026-09-30
    days on market $229,999 Active 145 DOM
  41. 2026-09-29
    days on market $229,999 Active 144 DOM
  42. 2026-09-28
    days on market $229,999 Active 143 DOM
  43. 2026-09-27
    days on market $229,999 Active 142 DOM
  44. 2026-09-26
    days on market $229,999 Active 141 DOM
  45. 2026-09-25
    days on market $229,999 Active 140 DOM
  46. 2026-09-24
    days on market $229,999 Active 139 DOM
  47. 2026-09-23
    days on market $229,999 Active 138 DOM
  48. 2026-09-22
    days on market $229,999 Active 137 DOM
  49. 2026-09-21
    days on market $229,999 Active 136 DOM
  50. 2026-09-19
    days on market $229,999 Active 134 DOM

ⓘ 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
$1,060 · $88/mo
Projected year-2 tax
$4,026 · $335/mo
Expected delta
+$2,966/yr (+$247/mo · 279.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Nearby sold comps map

Loading sold comps map…

Walkable amenities ~0.75 mi

Loading nearby amenities…

Taxation est. · year 1

Rental income
$26,693
− Mortgage interest
−$12,323
− Property taxes
−$1,060
− Insurance
−$1,100
− Repairs & maintenance
−$2,135
− Management
−$2,135
− HOA
−$2,100
− Depreciation
−$6,400
Taxable loss
−$561
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$135
After-tax cash flow
$3,118/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 · 1 photo

Excellent 100/100 None rehab

This move-in-ready townhouse is in excellent condition with no visible repairs needed. It offers a good ROI with updates that can further enhance its appeal.

Value-add opportunities

  • Both Paint exterior and interior — Enhances curb appeal and interior aesthetics ↑
  • Both Install smart home devices — Improves convenience and marketability ↑
  • Both Upgrade lighting fixtures — Enhances ambiance and energy efficiency ↑
F Composite school gradezoned avg 41/100

Zoned Schools

Elementary W R (Bill) Fort El F TX #1,269/4,322 Nat'l #17,359/41,679 Middle Ouida Baley Middle F TX #911/1,662 Nat'l #7,937/14,009 High Royse City H S D- TX #621/1,632 Nat'l #6,621/17,239

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
B Composite livability gradescore 75/100

Livability — Royse City

Score
75/100
State rank
#158
US rank
#4292

Category grades

Amenities F Commute F Cost of living A- Crime A+ Employment A+ Housing A+ Health & safety B+ User ratings C

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Royse City, TX
County
Rockwall County · 118,396 people
City population
48,739
Metro
Dallas-Fort Worth-Arlington, TX
Population (ZIP)
48,739
Household income
$117,125
Rent vs Own
11.5% rent · 88.5% own
Severe rent burden
22% of renters

Population outlook (Rockwall County) Hauer SSP2

Today (2025)
118,396 people
By 2030
132,209 · +11.7%
By 2040
159,538 · +34.7%
By 2050
185,299 · +56.5%
By 2075
243,489 · +105.7%
By 2100
277,814 · +134.6%

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%
Languages at home
80% English-only · Spanish 15% Other Indo-European 1%

Political lean MEDSL · Rockwall

2024 margin
Solid R (+40.9) · D 29.1% · R 70.0%
2008→2024 swing
+5.3pp toward D · 2008: -46.2pp · 2024: -40.9pp
All cycles
2024: R+40.9 2020: R+37.7 2016: R+47.5 2012: R+53.3 2008: R+46.2

Not yet ingested

Civics
—

Price history

+0.0% since first listed
2 events — show timeline
  • 2026-05-08 Listed $255,999 Zillow
  • 2026-05-08 Listed $255,999 NTREIS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…