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$484,900

15474 McElroy Road, Whitehouse, TX, 75791

$630,370 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,634 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$296.76 / sqft
Year BuiltBuilt in 1945

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
AppliancesElectric Cooktop, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size1.11 acres

Building Information

Year Built1945
Roof Type105

Land Information

APN1-25020-0000-00-004000
Lot Number4
SubdivisionMcelroy Lake Tyler
Land UseResidential
Legal DescriptionMCELROY LAKE TYLER LEASE HOLD INTEREST LOT 4
Census Tract002102
Assessed Land Value$154,100
Assessed Improvement Value$285,443
Assessment Year2025

About this property

Great property on Lake Tyler! This is an ideal weekend home where all your family and friends will want to gather! Large living space has an oversized fireplace and is open to the kitchen. Kitchen has stainless appliances, great storage, and bar seating. A flex room across the back of the home has a fantastic lake view! Master also has a lake view and en suite bathroom. The2nd bedroom would make a great bunk room! Large patio is perfect for relaxing at the end of the day. Matures shade trees, fenced back yard, and located on deep water. Don't miss out on this lake property!

Investor Tools

Property Icon
$533,000
Estimated Property Value
$0Estimated Mortgage Balance
$155,142Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$630,370
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,198 /month
Positive
Cash Flow Estimate:
$1,066 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,976
$439,543
2025
$154,100
$285,443
$439,543
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,976
$439,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Conventional
$413,000
No
First
Nov 18, 2021
Dec 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,858
$155,142
29%
71%
$2,477/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
$2,477/mo
$-837/mo
3.7%

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: Whitehouse

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15474 McElroy Road | Property Details | No Agent List