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$375,000

5055 Brooklet Blvd, Royse City, TX, 75189

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,103 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.32 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,275 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS5232-000V-0014-00-0R
Lot Number14
SubdivisionWaterscape- Phase 2b
Land UseResidential
Legal DescriptionWATERSCAPE- PHASE 2B, BLOCK V, LOT 14
Census Tract040412
Assessed Land Value$110,000
Assessed Improvement Value$272,221
Assessment Year2025

About this property

Like new Highland Home with blinds throughout and washer, dryer and refrigerator included! This property is available for a quick closing! Imagine living in this newly built, 4-bedroom home in the highly sought-after Waterscape subdivision boasting an excellent open floorplan. The kitchen features gas cooktop and stainless steel built-in oven and microwave and it is further enhanced by a designer backsplash, a walk-in pantry, and an expansive quartz island. The spacious owner's retreat includes a large walk-in closet, a garden tub, and a separate shower. Step outside to a large private backyard with a covered brick laid patio, perfect for year-round enjoyment and outdoor activities. Enjoy the community’s top-tier amenities, including a pool, splash pad, playground, dog park, walking trails, and serene ponds. . You will not be disappointed in this well kept property!

Investor Tools

Property Icon
$382,221
Estimated Property Value
$311,000Estimated Mortgage Balance
$77,632Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,293 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$871/month
$665/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,539
$382,221
2025
$110,000
$272,221
$382,221
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,539
$382,221

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lakeview Loan Servicing Llc
Va
$311,000
Yes
First
Mar 17, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,589
$77,632
20%
80%
$1,865/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$2,530/mo
+$820/mo
10.5%

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.

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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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5055 Brooklet Blvd | Property Details | No Agent List