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B+
NoAgentList RatingHow are grades calculated?Info

$357,461

NAL Estimated Property Value

3030 Dew Drop Dr, Royse City, TX, 75189

$376,785 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,280 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.74 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size8,451 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS5375-000J-0023-00-0R
Lot Number23
SubdivisionWaterscape - Phase 2a
Land UseResidential
Legal DescriptionWATERSCAPE - PHASE 2A, BLOCK J, LOT 23
Census Tract040412
Assessed Land Value$110,000
Assessed Improvement Value$247,461
Assessment Year2025

About this property

Welcome to this beautifully crafted single-story gem nestled in the serene Waterscape community in Royse City. Built in 2020 by Impression Homes, this home offers 4 bedrooms, 2 bathrooms and spans 2,280 square feet on an oversized lot. As you step inside, you'll be greeted by the warmth of wood-look tile that gracefully extends throughout the main areas and an open-concept plan that is perfect for entertaining guests. The spacious kitchen includes upgraded countertops, stainless steel appliances with gas range, and plenty of cabinets for storage. The primary retreat overlooks the backyard and features an ensuite bath with double sinks, walk-in shower, separate soaking tub and large walk-in closet. The fourth bedroom is a flex space that could also be an office, game room or media room, catering to your lifestyle needs. Step outside onto the covered patio that leads to a peaceful, pool-sized yard with room to spare! Waterscape's many features include an event pavilion, indoor clubhouse, sand volleyball, playfield, dog park, lap pool, and large resort pool as well as hike and bike trails and a catch-and-release pond. Less than a mile from US 67 & I-30. Less than 5 miles to Stone River Golf Club and historic “Main Street,” complete with boutique shops and one-of-a-kind restaurants. Less than 20 miles to both Lake Ray Hubbard and Lavon Lake.

Investor Tools

Property Icon
$357,461
Estimated Property Value
$197,372Estimated Mortgage Balance
$160,089Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$376,784
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,145 /month
Positive
Cash Flow Estimate:
$715 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,685
$357,461
2025
$110,000
$247,461
$357,461
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,685
$357,461

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$200,000
No
First
Aug 28, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$197,372
$160,089
44%
55%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$1,900/mo
+$1,450/mo
11.2%

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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3030 Dew Drop Dr | Property Details | No Agent List