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$524,403

NAL Estimated Property Value

516 Eastridge Dr, Royse City, TX, 75189

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,731 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$190.64 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Range, Microwave, Plumbed For Ice Maker

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1.45 acres

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3580-0000-0030-00-0R
Lot Number30
SubdivisionEastridge Est
Land UseResidential
Legal DescriptionEASTRIDGE EST, LOT 30, ACRES 1.447
Census Tract040409
Assessed Land Value$162,000
Assessed Improvement Value$362,403
Assessment Year2025

About this property

Beautifully renovated home on almost 1.5 acres with no HOA featuring a large workshop with electricity and open railed barn. Ready to move in and make it yours. The Open kitchen has an oversized granite breakfast bar and breakfast nook. The wood burning fireplace brings charm to the living room and the sitting area at the entry is the perfect welcoming spot. Right outside the kitchen is a large enclosed sunroom with electricity and many possible uses. 2 car garage with an 8 x 11 extra storage space. Roof is 6 years old. The large lot lends itself to carefree country living...while still near enough to the main highways to make commuting easy and getting to all the necessary stores and shops convenient.

Investor Tools

Property Icon
$524,403
Estimated Property Value
$310,869Estimated Mortgage Balance
$213,534Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,146 /month
Positive
Cash Flow Estimate:
$1,049 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$627/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,904
$524,403
2025
$162,000
$362,403
$524,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,904
$524,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Fha
$324,022
Yes
First
Jul 30, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$310,869
$213,534
40%
59%
$2,093/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,093/mo
+$477/mo
5.9%

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: Royse City

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516 Eastridge Dr | Property Details | No Agent List