11 months on rocket

506 E Royall Blvd, Malakoff, TX, 75148

$349,999

Home List Price

$4,156*

Closing Credit

3 Bedrooms
1 Full Bath
1,426 SqFt
$245/SqFt
House

Location

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506 E Royall Blvd, Malakoff$349,999

Buyer Closing Credits

$4,156*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingOpen
Year Built1900
HeatingOther
CoolingCentral Air
MLS #20486725
Lot Size0.79 Acres
StatusActive

About 506 E Royall Blvd

Welcome to an unparalleled opportunity in Malakoff, Texas, where prime real estate meets Highway 31. This 0.79-acre commercial property enjoys a strategic location at Cedar Creek Lake, a rural resort destination beloved by second home owners from Dallas. Malakoff is renowned for its serenity and recreation, making it a cherished retreat. With a diverse clientele of local residents and visitors, this location offers high visibility and steady foot traffic. Close proximity to established brands like McDonald's, Whataburger, and Tractor Supply enhances its appeal and potential for success. Whether you're an entrepreneur launching a new venture or an established brand expanding your reach, this property offers a compelling opportunity in Malakoff's thriving market. Click on Virtual Showing for a video tour of the property.

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional, Detached
  • Year Built: 1900
  • Living Area: 1,426 SqFt

Listing Office:

  • Office Name: Ebby Halliday, REALTORS
  • Office Phone: (972) 771-8163
  • Listing Agent: Elizabeth Tyler-Loncar

Interior Features

Interior Information:

  • Appliances: Electric Range
  • Basement: No
  • Interior: Other

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Parking: Open

Virtual/3D Tour

  • Virtual Tour: 506 E Royall Blvd
Virtual Tour

Lot Features

Lot Information:

  • Lot: Few Trees
  • Lot Size: 0.79 Acres

Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Hwy 198 S to Hwy 31, at Stoplight turn Left, Property on Right -next door to Healthy Hangout No Sign on property

Price Information

Listing Price Info

Price Summary:

  • List Price: $349,999
  • Price Per SqFt: $245/SqFt

Tax Information:

  • Annual Amount: $835
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Malakoff, TX.

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Malakoff, TX

City

Med. List Price

$475K

Med. Price/SqFt

$288

Avg. Days On Market

115

# of Sold Homes

6

506 E Royall Blvd vs Malakoff

356 DAYS ON ROCKET

+241 Days

$349,999

-$125K Less

$245/SqFt

-$43 Less

KEY TAKEAWAY

This property is $125K less than the Median List Price and $43/SqFt less than other homes in Malakoff, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20486725

Listing Office:

  • Office Name: Ebby Halliday, REALTORS
  • Office Phone: (972) 771-8163
  • Listing Agent: Elizabeth Tyler-Loncar

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/21/2024, 3:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$835$125,590
2020$1,159$67,080
2019$1,043$56,590
2018$1,289$54,410
2017$1,235$53,630

History based on county public records data.

Payment Calculator

$1,814

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,116

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-344911
7
/10

  • Malakoff Elementary School

  • 310 N Terry St

  • 0.41 miles

  • Public District Grades PK-5

school-card-donut-344912
5
/10

  • Cross Roads Elementary School

  • 14434 FM 59

  • 8.63 miles

  • Public District Grades PK-5

school-card-donut-344913
7
/10

  • Bel Air Elementary School

  • 215 Willowbrook Dr

  • 8.67 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,539. The majority of Malakoff, TX residents have income less than $35k annually. Typical family type is single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 506 E Royall Blvd

What is the listing price of this property?

The listing price of 506 E Royall Blvd property is $349,999.

What type of property is this?

The property 506 E Royall Blvd is a house located in Malakoff, Texas, 75148.

Is this property for sale now?

Active Listing: 506 E Royall Blvd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $835 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 506 E Royall Blvd has 3 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 506 E Royall Blvd is 1,426 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 506 E Royall Blvd is 1900.

Rocket Homes›Texas›Henderson County›Malakoff›75148›506 E Royall Blvd

This home is located at 506 E Royall Blvd in Malakoff, TX and zip code 75148. This 1,426 square foot home, which was built in 1900, sits on a 0.79 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since December 01, 2023 and is currently priced at $349,999.

The number of homes for sale in Malakoff, TX increased by 8.3% between September 2024 and October 2024. In October 2024, listings were on the market for 115 days. During the same period, the median list price in this real estate market was $475,000.

From Rocket Homes Real Estate and based on county public records data.

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