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B+
NoAgentList RatingHow are grades calculated?Info

$272,320

NAL Estimated Property Value

1229 Cedar Cove Pl, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,884 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.7 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size6,991 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN5272-0070-0150-92
Lot Number15
SubdivisionVerandah Ph 1 B
Land UseResidential
Legal DescriptionS5272 VERANDAH PH 1 B BLK 7 LOT 15 ACRES .1605
Census Tract961401
Assessed Land Value$46,910
Assessed Improvement Value$225,410
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY 5:00 PM ON 2-26. Charming corner lot home in Verandah! Open floorplan with 3 bedrooms, 2 baths and an office! Light and bright home with split bedrooms. Upgraded flooring including new carpet and fresh paint throughout. Backyard has a nice, covered patio and 10 x 9 storage building. Super neighborhood loaded with amenities: clubhouse, pool, playground, greenbelt and pond. Highly recognized, award-winning Royse City ISD.

Investor Tools

Property Icon
$272,320
Estimated Property Value
$243,251Estimated Mortgage Balance
$29,069Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,634 /month
Positive
Cash Flow Estimate:
$545 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$430/month
$575/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,801
$272,320
2025
$46,910
$225,410
$272,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,801
$272,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Plaza Home Mortgage Inc
Unknown
$243,955
No
First
Mar 23, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,251
$29,069
10%
89%
$1,463/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Royse City

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1229 Cedar Cove Pl | Property Details | No Agent List