Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$303,720

NAL Estimated Property Value

1948 Indian Grass Dr, Royse City, TX, 75189

$306,049 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,062 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.89 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Gas Oven, Microwave
FlooringTile

Exterior

Lot Size6,656 sqft

Building Information

Year Built2023
Stories1
Garage Spaces3

Land Information

APN5304-0020-0140-92
Lot Number14
SubdivisionVerandah Ph 6
Land UseReal Land/Res Single Family Subdivisions
Legal DescriptionS5304 VERANDAH PH 6 BLK 2 LOT 14 ACRES .1528
Census Tract961401
Assessed Land Value$46,250
Assessed Improvement Value$257,470
Assessment Year2025

About this property

Welcome to 1948 Indian Grass Drive in Verandah, where comfort and elegance converge. This spacious 4-bed, 3-bath home spans 2,062 sqft and features a dedicated office, upgraded wood-look tile flooring, and a cozy master bedroom reading nook. For added peace of mind, it includes a fully functional security system with cameras and control box & DVR. The kitchen is equipped with modern appliances and ample counter space. Open living areas are bathed in natural light, perfect for entertaining. Outside, Verandah offers amenities such as a community pool, splash pad, sand volleyball court, and serene fishing pond, catering to diverse lifestyles. Meticulously maintained and move-in ready, this home blends convenience with comfort. Whether relaxing or staying active, the community provides opportunities for both. Experience the charm of Verandah living—Don't miss this opportunity to live in your dream home in Verandah! Schedule your showing now! Contact the listing agent for information.

Investor Tools

Property Icon
$303,720
Estimated Property Value
$256,345Estimated Mortgage Balance
$47,375Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$306,048
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$519/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,531
$303,720
2025
$46,250
$257,470
$303,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,531
$303,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
M/I Financial Llc
Conventional
$270,804
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,345
$47,375
15%
84%
$1,624/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1948 Indian Grass Dr | Property Details | No Agent List