$799,000
$60K PRICE DROP

553 W Cavalry Rd New River, AZ 85087

Estimated payment $4,176/month

Total Views 7,254
4 Beds
2.5 Baths
2,167 Sq Ft
$369 Price per Sq Ft

Highlights

  • Horses Allowed On Property
  • 1 Fireplace
  • Covered Patio or Porch
  • New River Elementary School Rated A-
  • No HOA
  • 3 Car Direct Access Garage

About This Home

Unbeatable Value - Brand New Luxury Home Near TSMC! Move-in ready and never lived in, this custom new construction home on a full acre with no HOA offers modern design, flexible living, and a premium location in the North Phoenix Tech Corridor. Just minutes from the TSMC Semiconductor Plant, I-17, Loop 303, Lake Pleasant, and top shopping/dining, this property is ideal for tech professionals, investors, and families seeking both convenience and long-term value. Inside, enjoy soaring ceilings, 8' doors, a designer Great Room with a showcase fireplace, and a gourmet Kitchen featuring quartzite countertops, premium cabinetry, and a walk-in pantry. The split Owner's Suite provides spa-style comfort with a soaking tub and oversized shower, while two guest bedrooms, a dedicated Office, and a huge 3-car garage create flexibility for work and play.Outside, the acre lot offers endless options: bring your RVs, work trucks, or horses, or add a guest house, pool, or collector garage. Built by a trusted local builder with 30+ years of experience, this home delivers quality craftsmanship, modern luxury, and unbeatable price in one of Phoenix's fastest-growing areas.

Listing Agent

Debbie Omundson

Russ Lyon Sotheby's International Realty License #BR043321000 Listed on: 06/27/2025

Russ Lyon Sotheby's International Realty

Co-Listing Agent

Susan Folts

Russ Lyon Sotheby's International Realty License #SA562228000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $470

Year Built

  • Built in 2025

Lot Details

  • 1 Acre Lot
  • Block Wall Fence

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Metal Roof
  • Foam Roof
  • Stucco

Interior Spaces

  • 2,167 Sq Ft Home
  • 1-Story Property
  • 1 Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Electric Oven
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub With Separate Shower Stall

Schools

  • New River Elementary School
  • Gavilan Peak Middle School
  • Boulder Creek High School

Utilities

  • Central Air
  • Heating Available
  • Propane
  • Shared Well
  • Septic Tank
  • High Speed Internet

Additional Features

  • No Interior Steps
  • Covered Patio or Porch
  • Horses Allowed On Property

Community Details

  • No Home Owners Association
  • Association fees include no fees
  • Built by Don Fredricks
  • Move In Ready New Custom Huge Acre No Hoa Subdivision, Custom Floorplan

Listing and Financial Details

  • Assessor Parcel Number 202-21-043-J

Home Details

Home Type

Single Family

Est. Annual Taxes

$470

Year Built

Built in 2025

Lot Details

0

Parking

3

Listing Details

  • Cross Street: 7th St and Honda Bow
  • Property Type: Residential
  • Ownership: Fee Simple
  • Association Fees Land Lease Fee: N
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 3.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2025
  • Tax Year: 2024
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: Yes
  • Lot Size Acres: 1.0
  • Co List Office Mls Id: lyon05
  • Co List Office Phone: 480-488-2400
  • Subdivision Name: Move in Ready - New Custom - Huge Acre - No HOA
  • New Construction: No
  • Property Attached Yn: No
  • Tax Parcel Letter: J
  • General Property Description:PriceSqFt: 368.71
  • Dining Area:Breakfast Bar: Yes
  • Utilities Butane Propane: Yes
  • Cooling:Central Air: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Kitchen Features:Built-In Electric Oven2: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: NewHome

Interior Features

  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Built-In Electric Oven
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Double Vanity, Breakfast Bar, No Interior Steps, Kitchen Island, Pantry, Full Bth Master Bdrm, Separate Shwr & Tub
  • Living Area: 2167.0
  • Stories: 1
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Dirt Front, Dirt Back
  • Pool Features: None
  • Pool Private: No
  • Disclosures: Seller Discl Avail
  • Construction Type: Stucco, Wood Frame
  • Patio And Porch Features: Covered Patio(s), Patio
  • Property Condition: Complete Spec Home
  • Roof: Foam, Metal
  • Construction:Frame - Wood: Yes
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Patio: Yes
  • Construction Status:Complete Spec Home: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Direct Access
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 3.0
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes

Utilities

  • Utilities: Propane
  • Cooling: Central Air
  • Heating: Electric
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Shared Well
  • Heating:Electric: Yes
  • Sewer Septic Tank: Yes

Condo/Co-op/Association

  • Association: No

Association/Amenities

  • Association Fees:HOA YN2: N
  • Association Fees:PAD Fee YN2: N
  • Association Fee Incl:No Fees: Yes

Fee Information

  • Association Fee Includes: No Fees

Schools

  • Elementary School: New River Elementary School
  • High School: Boulder Creek High School
  • Junior High Dist: Deer Valley Unified District
  • Middle Or Junior School: Gavilan Peak School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 43663.0
  • Parcel #: 202-21-043-J

Green Features

  • Green Water Conservation: Recirculation Pump

Building Info

  • Builder Name: Don Fredricks

Tax Info

  • Tax Annual Amount: 470.0
  • Tax Book Number: 202.00
  • Tax Lot: -
  • Tax Map Number: 21.00

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $478 $3,996 $3,996 --
2024 $225 $3,806 $3,806 --
2023 $225 $5,407 $5,407 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2025 10/02/25 Price Changed $799,000 -7.0% $369 / Sq Ft
06/27/2025 06/27/25 For Sale $859,000 -- $396 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $250,000 First American Title
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6886018

Arizona Regional Multiple Listing Service (ARMLS)

APN: 202-21-043J