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$699,000

5904 County Road 2516, Royse City, TX, 75189

PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,444 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.96 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Outdoor Grill
Lot Size2 acres

Building Information

Year Built2007
Stories2
Garage Spaces3

Land Information

APN2463-0000-0050-10
Lot Number5
SubdivisionChreene Subdivision
Land UseResidential
Legal DescriptionS2463 CHREENE SUBDIVISION LOT 5 ACRES 2.0
Census Tract961502
Assessed Land Value$152,000
Assessed Improvement Value$492,040
Assessment Year2025

About this property

Tucked away on a wooded two-acre homesite, this custom-built residence offers the perfect balance of privacy, comfort, and quality craftsmanship. Surrounded by mature shade trees and overlooking a peaceful neighboring pond, the setting feels like a private retreat. The home features foam-insulated exterior walls, radiant barrier roof decking, vinyl windows, and beautiful hand-scraped hardwood floors that flow throughout the main living areas. The well-appointed kitchen is equipped with granite countertops, rich maple cabinetry, and premium JennAir appliances, including a gas cooktop, electric oven, and built-in microwave, creating a space that's equally suited for preparing family meals or entertaining guests. The floor plan includes a large family room with built-in media center and a stone fireplace and a spacious formal dining room. There are four spacious bedrooms and three full bathrooms on the main level. The primary suite features an ensuite with dual walk-in closets and a luxurious spa-inspired bath complete with an electric fireplace above the soaking tub and an oversized walk-through shower with three shower sprayers. Each secondary bedroom enjoys direct access to a full bathroom, offering comfort and convenience for family and guests alike. There is a large laundry room with lots of storage, a sink and a footlocker. Upstairs, a generously sized game room with an adjoining full bath provides endless possibilities as a media room, guest suite with private bath, playroom, or home office. The oversized three-car garage has ample room for a workshop, freezer, and additional storage without sacrificing parking space. Step outside to the covered back patio and unwind beneath the canopy of mature trees while taking in tranquil views of the neighboring pond. The abundant shade keeps the outdoor living spaces cool throughout the Texas summers, making it the perfect place to enjoy morning coffee, evening gatherings, or simply the peaceful beauty of nature.

Investor Tools

$227,211Estimated Mortgage Balance
$471,490Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,074/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$644,040
2025
$152,000
$492,040
$644,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$644,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Branch Banking And Trust Co
Conventional
$305,600
No
First
Nov 18, 2014
Dec 2044

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,211
$482,789
67%
33%
$0/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: Royse City

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5904 County Road 2516 | Property Details | No Agent List