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$891,000

NAL Estimated Property Value

5916 County Road 2516, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,667 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.07 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3.5Bathrooms 3.5
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Water Heater, Microwave
FlooringCarpet, Hardwood, Stone

Exterior

Lot Size2 acres

Building Information

Year Built2007
Stories2
Garage Spaces3

Land Information

APN2463-0000-0060-10
Lot Number6
SubdivisionChreene Subdivision
Land UseResidential
Legal DescriptionS2463 CHREENE SUBDIVISION LOT 6 ACRES 2.0
Census Tract961502
Assessed Land Value$152,000
Assessed Improvement Value$548,534
Assessment Year2025

About this property

**A MUST SEE** MOVE IN READY! Stunning well-kept home in a gorgeous treed setting on 2.0 acres! Handscraped hardwood flooring, granite counters, spacious rooms, and upgraded finish out. Plantation shutters grace the windows and stainless steel appliances in the Chef's Kitchen! The first floor Master Suite has an ensuite bathroom that flows to the utility room. Relax on the 900 sq. ft. of covered rear porch with views of tall Oak Trees. Energy efficient and oversized 3-car side entry garage. HURRY! THIS ONE WON'T LAST!

Investor Tools

Property Icon
$891,000
Estimated Property Value
$690,703Estimated Mortgage Balance
$200,297Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,346 /month
Positive
Cash Flow Estimate:
$1,782 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,267/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,752
$700,534
2025
$152,000
$548,534
$700,534
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,752
$700,534

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$699,900
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$690,703
$200,297
22%
78%
$4,197/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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5916 County Road 2516 | Property Details | No Agent List