About This Home

This 3-bedroom, 2-bathroom single family at 706 Heirloom Lane in Royse City, TX is listed for $233,900 ($161 per sqft). Built in 2021, the home offers 1,450 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 2021
  • 0.17 acre lot

Property Details

1 story
2 full
2-car garage
2021

Amenities

A/C
Listing Description

INCREDIBLE OPPORTUNITY WITH A 4.25% ASSUMABLE FHA LOAN! Why pay higher interest rates when you could potentially assume an existing mortgage at just 4.25% and save hundreds each month compared to a higher-rate loan? Whether you're a first-time homebuyer, downsizing, or exploring an investment opportunity, this home deserves your attention!

Welcome to this charming 3-bedroom, 2-bath home in the Magnolia community of Josephine! The OPEN-CONCEPT LAYOUT creates an easy flow between the living, dining, and kitchen areas, perfect for everyday living and entertaining. Beautiful LUXURY VINYL PLANK FLOORING adds style and easy maintenance.

Step outside and enjoy ADDED BACKYARD PRIVACY WITH NO DIRECT REAR NEIGHBORS! There's room to unwind, entertain, or enjoy a quiet evening outdoors. Magnolia offers community amenities including a pool, splash pad, playgrounds, walking trails, and green spaces.

Families will appreciate convenient access to Community ISD schools, while nearby FM 6 and FM 1777 connect to Highway 78, Highway 66, and I-30 for travel toward Royse City, Rockwall, Wylie, and Greenville. Lake Lavon provides nearby outdoor recreation.

Looking for investment potential? Explore the possibility of a long-term rental, subject to applicable restrictions. With its versatile layout, private backyard setting, and appealing location, this home offers plenty of possibilities. 4.25% ASSUMABLE LOAN, OPEN-CONCEPT LIVING, AND NO DIRECT REAR NEIGHBORS-SCHEDULE YOUR SHOWING TODAY! Loan assumption subject to lender approval, buyer qualification, existing loan terms, and occupancy requirements.

Monthly Cost Estimate

$1,539/mo

20% down · 6.5% · 30 years

Principal$169
Interest$1,014
Insurance$68
HOA$288

Estimates only. Actual payments may vary.

Location

706 Heirloom Lane

Royse City, TX 75189

Magnolia Ph 7

Features & Amenities

Interior Features

EatInKitchenHighSpeedInternetKitchenIsland

Property Details

Flooring

VinylCarpet

Construction

Brick

Parking

OpenGarage

Heating

CentralElectric (Heating)

Cooling

Central AirElectric

Appliances

DishwasherElectricCooktopElectricOvenElectricWaterHeaterDisposal

Questions & Answers

This 3-bedroom, 2-bathroom single family at 706 Heirloom Lane is listed at $233,900 ($161/sqft). The estimated monthly payment is $1,539 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $288/month.

Key features include: Built in 2021, 0.17 acre lot. Interior Features: EatInKitchen, HighSpeedInternet, KitchenIsland.

This property is listed by Christen Cervine.

CC

Christen Cervine

Agent at Colleen Frost Realtors

Listed by Colleen Frost Realtors · Broker phone: (214) 284-1080 · View on Broker Site · Broker website

MLS# 21408376· Source: North Texas Real Estate Information Systems, Inc.· 1 day on PropertySimple

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

706 Heirloom Lane, Royse City, TX 75189

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