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$457,859

5216 Picasso Road, Royse City, TX, 75189

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths2,763 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.71 / sqft
Year BuiltBuilt in 2024

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
AppliancesDouble Oven, Dishwasher, Electric Cooktop, Disposal, Microwave

Exterior

Lot Size6,186 sqft

Building Information

Year Built2024
Stories1
Garage Spaces6

Land Information

APN4398-000F-0004-00-0R
Lot Number4
Land UseResidential Sfr Non-Waterfront
Legal DescriptionMERCER MEADOWS BLK F LOT 4
Census Tract040411
Assessed Land Value$62,000
Assessed Improvement Value$179,160
Assessment Year2025

About this property

Beautiful Astoria Homes Model for sale. Real hand scraped hardwood floors and 2 story stone fireplace with private view of trees and wrought iron fenced yard. Deluxe kitchen with double oven, glass cooktop, marble back splash, painted cabinets, with satin nickel hardware & quartz counter tops. Bay window in primary bed, free standing tub and separate shower in primary bathroom. Upgraded 8ft front door, stone added to exterior and covered front and back patios.

Investor Tools

$15,225,124Estimated Mortgage Balance
$420,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,747 /month
Positive
Cash Flow Estimate:
$916 /month

Interested in this property?

Kyle Skaar

Ultima Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$175/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$241,160
2025
$62,000
$179,160
$241,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$241,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Commercial
$15,000,000
No
First
Nov 7, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,225,124
N/A
0%
3625%
$94,448/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$94,928/mo
$-91,578/mo
9.6%

City: Royse City

5216 Picasso Road | Property Details | No Agent List