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$371,394

NAL Estimated Property Value

1524 Redman Drive, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,830 Sq Ft
price_per_sqft$83.36 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size8,015 sqft

Building Information

Year Built2004
Stories1
Garage Spaces2

Land Information

APN3421-000C-0001-00-0R
Lot Number1
SubdivisionCreekview Estates Phase 1
Land UseResidential
Legal DescriptionCREEKVIEW ESTATES PHASE 1, BLOCK C, LOT 1
Census Tract040410
Assessed Land Value$78,000
Assessed Improvement Value$293,394
Assessment Year2025

About this property

Available for Zero Down USDA loan! Looking for a gorgeous home with low maintenance yard, First floor living with both Master and Study on the 1st floor, extra bonus room, 3BR’s and Full bath up for family or guests…this beautiful home is it! Corner lot, multi-car driveway, open floorplan, and immaculate! Cozy Living, HUGE Kitchen with loads of counter space, open concept floorplan that is perfect for entertaining! Large master suite has sitting area and inviting master bath with separate shower and tub and a spacious walk-in closet! Warm colors, high-end laminate and inviting floorplan. This well-kept beauty is ready for you to call it home! This one is back on the market - buyer's financing did not work out!

Investor Tools

Property Icon
$371,394
Estimated Property Value
$0Estimated Mortgage Balance
$371,394Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,228 /month
Positive
Cash Flow Estimate:
$743 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,144
$371,394
2025
$78,000
$293,394
$371,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,144
$371,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$233,689
Yes
First
N/A
Apr 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$371,394
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
N/A
+$3,350/mo
10.8%

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.

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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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1524 Redman Drive | Property Details | No Agent List