5701 S Fm 548 Royse City, TX 75189
Estimated Value: $381,000 - $571,000
--
Bed
--
Bath
2,256
Sq Ft
$207/Sq Ft
Est. Value
About This Home
This home is located at 5701 S Fm 548, Royse City, TX 75189 and is currently estimated at $466,210, approximately $206 per square foot. 5701 S Fm 548 is a home located in Rockwall County with nearby schools including Ruth Cherry Elementary School, Ouida Bailey Middle School, and Royse City High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 20, 2025
Sold by
Sewell Douglas J and Sewell Dora A
Bought by
Binder Robert and Binder Shannon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Outstanding Balance
$1,097,686
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
-$631,476
Purchase Details
Closed on
Nov 20, 2024
Sold by
Bowlby Kari Lanette
Bought by
Bdi Royce City Investments Llc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Binder Robert | -- | None Listed On Document | |
| Bdi Royce City Investments Llc | -- | Capital Title | |
| Bdi Royce City Investments Llc | -- | Capital Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Binder Robert | $1,200,000 |
Source: Public Records
Tax History Compared to Growth
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 | $7,560 | $495,626 | $375,000 | $120,626 |
| 2023 | $7,560 | $465,371 | $357,000 | $108,371 |
| 2022 | $5,663 | $326,344 | $214,200 | $112,144 |
| 2021 | $4,449 | $250,230 | $157,500 | $92,730 |
| 2020 | $4,651 | $245,630 | $153,000 | $92,630 |
| 2019 | $4,713 | $235,850 | $142,500 | $93,350 |
| 2018 | $4,789 | $237,090 | $142,500 | $94,590 |
| 2017 | $4,653 | $227,430 | $120,000 | $107,430 |
| 2016 | $2,880 | $140,790 | $60,000 | $80,790 |
| 2015 | $2,973 | $141,860 | $60,000 | $81,860 |
| 2014 | $2,973 | $143,890 | $60,000 | $83,890 |
Source: Public Records
Map
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