706 Heirloom Lane Royse City, TX 75189
- Collin County
- Royse City TX
- 75189
- Local Area: Magnolia Ph 7
Property Overview
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.
Featured spaces
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Property highlights
Year Built 2021
School District Community Isd
HOA $288 SemiAnnually
Lot Size 0.17 acres
Taxes $5,598/yr
Parking 2-car garage, 2 covered
Architecture Traditional, Detached
Neighborhood Magnolia Ph 7
Full Property Details
Property Details
Quick Details
- Price $233,900
- Status Sold
- Bedrooms 3
- Bathrooms 2
- Square Feet 1,450 Sq Ft
- Lot Size 0.17 acres
- Lot Size Sq Ft 7,187
- Year Built 2021
- Price / Sq Ft $161 / Sq Ft
- MLS # 21408376
Overview
- Property Type Residential
- Property Subtype Single Family Residence
- County Collin
- Subdivision Magnolia Ph 7
- Days on Market 0
Home Details
- Architectural Style Traditional, Detached
- Stories 1
- Levels One
- Full Baths 2
- Half Baths 0
- Construction Brick
- Foundation Slab
- Roof Composition
- Flooring Carpet, Luxury Vinyl Plank
- Heating Central, Electric, Energy Star Qualified Equipment
- Cooling Central Air, Electric
- Property Attached No
Kitchen & Interior
- Appliances Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal
- Interior Features Eat In Kitchen, High Speed Internet, Kitchen Island
- Laundry Features Washer Hookup, Dryer Hookup, Electric Dryer Hookup, Laundry In Utility Room
- Window Features Window Coverings
- Security Features Security System Owned, Security System, Smoke Detectors
Lot & Exterior
- Patio & Porch Features Covered
- Pool No
Parking
- Parking Garage Faces Front, Garage, Garage Door Opener
- Garage Spaces 2
- Covered Parking 2
- Attached Garage Yes
Taxes & HOA
- Annual Taxes $5,598
- HOA Fee $288 SemiAnnually
- HOA Includes All Facilities, Association Management, Maintenance Grounds
- Community Features Community Mailbox, Curbs, Sidewalks
- Parcel Number R1229200N02901
- Legal Description MAGNOLIA PHASE 7 (GCN), BLK N, LOT 29
- Tax Block N
- Tax Lot 29
Utilities
- Utilities Municipal Utilities, Sewer Available, Separate Meters, Underground Utilities, Water Available
- Sewer Public Sewer
Schools
- School District Community ISD
- Elementary John & Barbara Roderick — Community ISD
- Middle Leland Edge — Community ISD
- High Community — Community ISD
Listing Information
- Listing Agent Christen Cervine
- Brokerage Colleen Frost Real Estate Serv
- MLS Board NTREIS
- List Date 10/09/2026
- Source Updated 10/10/2026
- Last Updated 11/02/2026
- Virtual Tour View Virtual Tour (PropertyPanorama)
LIFE AROUND MAGNOLIA PH 7
A curated look at local favorites, everyday stops, and lifestyle context near this property.