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$281,000

NAL Estimated Property Value

1805 Elderberry St, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,592 Sq Ft
price_per_sqft$178.39 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Half 2Bathrooms Half 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size6,242 sqft

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APN5297-0050-0250-92
SubdivisionVerandah Ph 5b & 5c
Land UseResidential
Legal DescriptionS5297 VERANDAH PH 5B & 5C BLK 5 LOT 25 ACRES .1433
Census Tract961401
Assessed Land Value$45,140
Assessed Improvement Value$211,560
Assessment Year2025

About this property

Well-maintained 3-bedroom, 2-bath home in the growing community of Royse City. This single-story property offers a functional layout with an open-concept living area, a kitchen island, and quartz-style countertops. Built in 2021 and located in the Verandah Subdivision, it features low-maintenance LVP flooring in the main living spaces and carpet in the bedrooms. The primary suite includes a walk-in closet and private bath. The home also offers a spacious laundry room, a 2-car garage with an EV outlet, and a fenced backyard with room for pets. Located in a quiet neighborhood with easy access to nearby amenities.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$237,389Estimated Mortgage Balance
$43,611Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,704 /month
Positive
Cash Flow Estimate:
$568 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$436/month
$570/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,828
$256,700
2025
$45,140
$211,560
$256,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,828
$256,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pulte Mortgage Llc
Conventional
$258,980
No
First
Dec 22, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,389
$43,611
15%
84%
$1,553/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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