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$323,780

3017 Bailey Way, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,036 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.17 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Convection Oven, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,046 sqft

Building Information

Year Built2022
Stories1
Garage Spaces4

Land Information

APN2776-000A-0650-93
Lot Number65
SubdivisionDe Berry Reserve
Land UseResidential
Legal DescriptionS2776 DE BERRY RESERVE BLK A LOT 65 ACRES .1388
Census Tract961502
Assessed Land Value$44,560
Assessed Improvement Value$279,220
Assessment Year2025

About this property

This newly-completed home by Gravity Homes, a division of Lillian Custom Homes, is situated at the back of the neighborhood against a tranquil backdrop of mature trees and includes a 3-way split floor plan with 4 bedrooms,3 full bathrooms & a modern kitchen that flows into the dining & living areas. Among the many features are granite counters in the kitchen & all bathrooms, wood-look ceramic tile flooring throughout living areas, bathrooms & hallways, 2-inch faux wood blinds, covered patio, professional landscaping & much more! Energy efficient features include spray foam insulation, low-e windows, dual 50-gallon high-efficiency water heaters & 15 SEER HVAC. Smart home features include wifi-controlled thermostat, garage door & doorbell. Located just 1 mile from Royce City High School with community pool, playground, park and catch & release pond! Ready for immediate move-in!

Investor Tools

Property Icon
$323,780
Estimated Property Value
$324,022Estimated Mortgage Balance
$11,402Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,943 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$480/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,734
$323,780
2025
$44,560
$279,220
$323,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,734
$323,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$324,022
Yes
First
May 29, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$312,378
$11,402
3%
96%
$1,943/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.

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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