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$375,000

3018 Dew Drop Drive, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,040 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.82 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size8,015 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS5375-000J-0020-00-0R
Lot Number20
SubdivisionWaterscape - Phase 2a
Land UseResidential
Legal DescriptionWATERSCAPE - PHASE 2A, BLOCK J, LOT 20
Census Tract040412
Assessed Land Value$110,000
Assessed Improvement Value$269,685
Assessment Year2025

About this property

Waterscape home prime location across from the playground on a small spur street with additional safety from the main road in the subdivision! This Bloomfield Cypress I home features 4 bedrooms PLUS a home office as well as tons of natural light in the open concept home. The kitchen is modern and fresh and has an abundance of storage, a gas range, glass cabinets perfect for displaying colorful pieces, a great sized pantry & a built in buffet perfect for entertaining. Doing dishes and cooking is never lonely in this home thanks to having views thru the main gathering places. The backyard is well maintained and a really good sized yard with space on both sides of the house. The community has a beautiful entry with a fishing pond, pool, playgrounds & trails. Location is not far from the growing downtown of Royse City as well as I-30, 276 and 548.

Investor Tools

Property Icon
$379,685
Estimated Property Value
$0Estimated Mortgage Balance
$33,534Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,278 /month
Positive
Cash Flow Estimate:
$759 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,060
$379,685
2025
$110,000
$269,685
$379,685
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,060
$379,685

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Unknown
$368,207
No
First
Feb 28, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$346,151
$33,534
8%
91%
$2,208/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,758/mo
+$592/mo
10.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

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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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3018 Dew Drop Drive | Property Details | No Agent List