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$383,440

NAL Estimated Property Value

405 Ellis Place Drive, Greenville, TX, 75402

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,488 Sq Ft
price_per_sqft$174.8 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range
FlooringCarpet, Vinyl

Exterior

Lot Size9,784 sqft

Building Information

Year Built2022
Stories2
Garage Spaces5

Land Information

APN2857-0050-0140-41
Lot Number14
SubdivisionEllis Estates Ph 1
Land UseResidential
Legal DescriptionS2857 ELLIS ESTATES PH 1 BLK 5 LOT 14 ACRES .2246
Census Tract961101
Assessed Land Value$42,360
Assessed Improvement Value$341,080
Assessment Year2025

About this property

Move In Ready 3 Car Garage Two Story in Ellis Estates! Newly completed 4 Bedroom on Larger Lot with spacious layout and living room upstairs. Home includes 3 Car Garage, Cover Patio with Ceiling Fans, Quartz Countertops, Blinds, Frameless Shower, Sprinklers, Gutters, Wiring for Mounting Tv's, Under Cabinet Lighting, Ceilings Fans in all rooms, Stained Fence and Home Warranty. Phase 1 of Ellis Estates has wider lots providing space between neighbors. Located just a few minutes from L3 Harris and I-30. Schedule a walkthrough and come be a part of Greenville's New Premier Neighborhood.

Investor Tools

Property Icon
$383,440
Estimated Property Value
$309,215Estimated Mortgage Balance
$74,225Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,609 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$779/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,425
$383,440
2025
$42,360
$341,080
$383,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,425
$383,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$325,000
No
First
Sep 14, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,215
$74,225
19%
81%
$1,949/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.

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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: Greenville

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405 Ellis Place Drive | Property Details | No Agent List