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$329,900

$340,500

3014 Water Light Ln, Royse City, TX, 75189

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.1 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesLighting, Private Yard
Lot Size7,492 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APN5302-000A-0092-00-0R
Lot Number92
Land UseResidential
Legal DescriptionWATERSCAPE PHASE 3A BLK A LOT 92
Census Tract040412
Assessed Land Value$110,000
Assessed Improvement Value$226,944
Assessment Year2025

About this property

Welcome to 3014 Water Light Lane in the desirable Waterscape community of Royse City! Built in 2023, this beautifully maintained single-story home offers 3 bedrooms, 2 full bathrooms, and 1,842 square feet of thoughtfully designed living space. The open-concept layout is filled with natural light and features a spacious living area that flows seamlessly into the kitchen and dining space, creating an inviting setting for everyday living and entertaining. The kitchen is equipped with granite countertops, a large island, breakfast bar, gas range with griddle, walk-in pantry, built-in cabinetry, and ample prep space. The private primary suite includes an ensuite bath with dual sinks, quartz countertops, built-in cabinetry, and a generous walk-in closet. Two additional bedrooms provide flexibility for guests, a home office, or hobbies. Enjoy outdoor living with a covered front porch, large private fenced backyard, sprinkler system, and app-controlled exterior lighting with adjustable colors and brightness. Residents of Waterscape enjoy access to community amenities including a clubhouse, pool, greenbelt trails, parks, playgrounds, fishing areas, sidewalks, jogging and biking paths, all within Royse City ISD.

Investor Tools

$281,373Estimated Mortgage Balance
$60,063Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,046 /month
Positive
Cash Flow Estimate:
$682 /month

Interested in this property?

Angie Glidewell

M&D Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$967/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,893
$336,944
2025
$110,000
$226,944
$336,944
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,893
$336,944

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$287,738
Yes
First
Apr 30, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,373
$55,571
16%
83%
$1,726/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,570/mo
$2,526/mo
+$44/mo
9.0%

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.

Explore Texas Explore This Area
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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3014 Water Light Ln | Property Details | No Agent List