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$1,799,900

405 Wilderness Trl, Royse City, TX, 75189

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths6,045 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.75 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal
FlooringHardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Barbecue, Built-in Barbecue, Rain Gutters, Outdoor Grill, Outdoor Kitchen, Storage
Lot Size2 acres

Building Information

Year Built2021
Garage Spaces3

Land Information

APN3882-0009-0059-00-0R
Lot Number59
SubdivisionHigh Point Ranch Section 2
Land UseResidential
Legal DescriptionHIGH POINT RANCH SECTION 2, BLOCK 9, LOT 59, ACRES 2
Census Tract040514
Assessed Land Value$212,400
Assessed Improvement Value$1,139,990
Assessment Year2025

About this property

Sprawled across two manicured acres in the heart of Rockwall County, built in 2023, this modern ranch estate boasts over 6200 Square feet, and shows in-depth attention to detail. Walk through the front doors, and you are greeted by high ceilings, Premium Oak hardwood floors, natural stone and attractive high-end finishes. The main house features 5 large bedrooms with adjoining bathrooms. The metal detached shop features dual roll up doors, additional patio and 262 square foot in-law suite or guest quarters. The stunning kitchen features a walk-in butler's pantry with additional sink, dishwasher, plenty of storage and additional counterspace. The fresh air system and water filtration system provide a healthy living environment. The Owners Suite located on the first floor, features a large designer inspired Bathroom with a designer inspired Walkin closet boasting built-in cabinetry, glass doors and exquisite lighting. Upstairs the large home theatre is ready for family movie nights and entertaining guests for sports presentations. Walkout through the fully finished garage, and under the porte-cochere and enter your air-conditioned gym, office or additional living space. The back yard features a custom pool and spa, built in outdoor kitchen, and two large, covered patios for outdoor living and entertaining. High Point Ranch is a highly sought after development for those who want a little bit of country living but still commutable to the city. High point Ranch features a kid's playground & park, paved walking trails, and a private 5-acre fishing lake.*** SELLER CARRY, SELLER FINANCING AVAILABLE OAC.****

Investor Tools

Property Icon
$1,422,000
Estimated Property Value
$984,000Estimated Mortgage Balance
$148,176Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,799 /month
Positive
Cash Flow Estimate:
$3,600 /month

Interested in this property?

Vicky Chesna

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,147/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,656
$1,352,390
2025
$212,400
$1,139,990
$1,352,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,656
$1,352,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Conventional
$984,000
No
First
May 11, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,278,220
$651,780
33%
90%
$8,107/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$8,452/mo
$-5,102/mo
2.8%

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.

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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