706 Heirloom Lane
Royse City, TX 75189
$233,900
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.
| Listing Id: | 21408376 |
|---|---|
| List Price: | $233,900 |
| Property Type: | Residential |
| Property Sub Type: | Single Family Residence |
| Status: | Active |
| Bedrooms Total: | 3 |
| Bathrooms Full: | 2 |
| Living Area: | 1,450 |
| Association Fee: | $288 |
| Unexempt Taxes: | $5,598 |
| Lot Size Square Feet: | 7,187.4000 |
| Lot Size Acres: | 0.165 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Royse City |
| County Or Parish: | Collin |
| Subdivision Name: | Magnolia Ph 7 |
| Postal Code: | 75189 |
| Year Built: | 2021 |
| Accessibility Features Yn: | No |
| Appliances: | Dishwasher,Disposal,Electric Cooktop,Electric Oven,Electric Water Heater |
| Association Fee Frequency: | Semi-Annual |
| Association Fee Includes: | Full Use of Facilities, Maintenance Grounds, Management Fees |
| Association Type: | Mandatory |
| Attached Garage?: | Yes |
| Basement Yn: | No |
| Bathrooms Total Decimal: | 2.00 |
| Bathrooms Total Integer: | 2 |
| Consent for Visitors to Record: | Audio, Video |
| Construction Materials: | Brick, Siding |
| Cooling: | Central Air, Electric |
| Covered Spaces: | 2 |
| Directions: | Use GPS, you know it's BEST! |
| Elementary School: | John & Barbara Roderick |
| Elementary School Name: | John & Barbara Roderick |
| Exclusions: | Washer/Dryer and Fridge are Negotiable |
| Flooring: | Carpet, Luxury Vinyl Plank |
| Foundation Details: | Slab |
| Garage Spaces: | 2 |
| Garage?: | Yes |
| Heating: | Central, Electric, ENERGY STAR Qualified Equipment |
| High School Name: | Community |
| Hoa Management Company: | Proper HOA Management, LLC |
| Hoa Management Company Phone: | 214-378-1112 |
| Interior Features: | Eat-in Kitchen, High Speed Internet Available, Kitchen Island |
| Laundry Features: | Electric Dryer Hookup, Utility Room, Full Size W/D Area, Dryer Hookup, Washer Hookup |
| Levels: | One |
| Listing Terms: | 1031 Exchange, Assumable, Cash |
| Room Count: | 2 |
| Lot Size: | Less Than .5 Acre (not Zero) |
| Lot Size Area: | 0.1650 |
| Lot Size Units: | Acres |
| Middle School Name: | Leland Edge |
| Multi Parcel ID: | No |
| Municipal Utility District?: | Yes |
| Notice Surveillance Devices Pres: | Audio, Video |
| Number Of Dining Areas: | 1 |
| Number Of Living Areas: | 1 |
| Number Of Parking Spaces: | 2 |
| Parking Features: | Garage, Garage Door Opener, Garage Faces Front |
| Patio And Porch Features: | Covered |
| Pool?: | No |
| Possession: | Closing/Funding |
| Property Attached?: | No |
| Roof: | Composition |
| School District: | Community ISD |
| Security Features: | Burglar, Security System, Security System Owned, Smoke Detector(s) |
| Smart Home Features Appor Pass Y: | 0 |
| Special Taxing Entities: | 0 |
| Structural Style: | Single Detached |
| Transaction Type: | For Sale |
| Utilities: | City Sewer, Community Mailbox, Concrete, Curbs, Individual Water Meter, MUD Water, Sidewalk, Underground Utilities |
| Will Subdivide: | No |
| Window Features: | Window Coverings |
Listing Courtesy of: Colleen Frost Real Estate Serv
Listing Agent: Christen Cervine
469-280-0008
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North Texas Real Estate Information Systems, Inc. data last updated on October 10, 2026 03:00 AM - CT
Property Last Updated: October 10, 2026 03:00 AM - CT
