Redfin is joining Rocket

Discover how we're simplifying your journey home.

$1,699,000

7281 Waters Edge Dr The Colony, TX 75056

5 beds
3 full, 1 partial
5,695 sqft
$298 / sqft
House

Property details

About 7281 Waters Edge Dr

Nestled on a spacious lot in the exclusive gated community of The Waters Edge, this custom-designed modern residence epitomizes luxury living. Offering a rare combination of resort-style amenities, this turnkey property has been meticulously crafted to provide the ultimate in both relaxation and entertainment. Upon entering, you are greeted by a stunning foyer with elegant travertine flooring, which leads seamlessly into the expansive living room featuring vaulted two-story ceilings. Every detail of the home has been thoughtfully curated, with high-end finishes and the finest materials throughout, creating an ambiance of sophistication. The outdoor living spaces are equally impressive, designed for both entertaining and relaxation. With two expansive terraces offering sweeping views of the surrounding lake, residents can enjoy breathtaking sunsets and tranquil surroundings. The property also offers unparalleled access to outdoor recreation, including boating and fishing, making it the perfect retreat. Two generously sized master bedrooms with luxurious bathrooms provide ample space and comfort. Modern design accents, custom lighting, and elegant chandeliers elevate the home's interior, while the layout promotes seamless flow and connectivity between living spaces. Conveniently located, the property provides easy access to major destinations such as PGA Frisco, The Star, Grandscape, and DFW Airport, while still maintaining a peaceful lakeside sanctuary for ultimate privacy and tranquility.

Highlights

Home typeSingle Family Residence
StatusActive
Size5,695 sqft
Year built2022
ParkingDoor-Multi, Driveway, Garage, Garage Door Opener, Gated, Garage Faces Side
MLS #20973891
Attached garage2 spaces
FireplaceDen, Great Room, Living Room, Ventless

Virtual tour

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Appliances: Gas Range, Dryer, Dishwasher, Disposal
  • Basement: No
  • Interior: Chandelier, Cathedral Ceiling(s), Dry Bar, Eat-in Kitchen, Granite Counters, Kitchen Island, Open Floorplan, Pantry, Vaulted Ceiling(s), Walk-In Closet(s)
  • Fireplace: Den, Great Room, Living Room, Ventless
  • Total Bedroom Count: 5
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Door-Multi, Driveway, Garage, Garage Door Opener, Gated, Garage Faces Side
  • Exterior: Balcony
  • Architectural Style: Detached
  • List Price: $1,699,000
  • Price/SqFt: $298
  • HOA Amount: $525 Quarterly
  • Annual Tax Amount: $23,996
  • Tax Year: 2024
  • Directions: From 121 go north on main street, follow Main street North to North Colony Blvd., left to Larner to right on Augustus. turn left at Waters edge entrance.
  • Year Built: 2022
  • Living Area: 5,695 SqFt
  • MLS Number: 20973891
  • MLS Name: NTR
  • Office Name: RE/MAX Premier
  • Office Phone: (214) 280-4433
  • Listing Agent: Fay Rowghani

IDX ©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


Texas Real Estate Commission Consumer Protection Notice

Texas Real Estate Commission Information About Brokerage Service

Last updated on: 7/23/2025, 5:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$1,433,871$23,996
2023$1,224,545$3,936
2021$159,404$3,936
2020$159,403$3,550
2019$159,404$3,543
2018$130,000$2,984
2017$93,767$2,166

History based on county public records data.

Nearby schools

4

Ethridge Elementary School

Public District KG-5

1.1 mi

6001 Ethridge Dr

8

Prestwick Elementary School

Public District PK-5

1.3 mi

3101 Stonefield

5

Peters Colony Elementary School

Public District PK-5

1.4 mi

5101 Nash Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $72,599. The most common annual income of people living in The Colony, TX is between $35k-100k. Typical family type is single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

13%
<35k
55%
35k-100k
29%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

32%
Single, No Kids
13%
Single, with Kids
27%
Married, No Kids
28%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

18%
<11 yrs old
9%
12-17 yrs old
25%
18-34 yrs old
40%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Minor League Baseball GamesMinor League Baseball Games
  • BasketballBasketball
  • Horse RacesHorse Races

Where do the neighbors shop?

  • New York & CompanyNew York & Company
  • Ross Dress For LessRoss Dress For Less
  • Stein MartStein Mart

Where do the neighbors go to eat?

  • Chick-fil-AChick-fil-A
  • Jasons DeliJasons Deli
  • LongHorn SteakhouseLongHorn Steakhouse

What do the neighbors drive?

  • KiaKia
  • AcuraAcura
  • BuickBuick

What do the neighbors listen to?

  • Talk/PersonalityTalk/Personality
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Contemporary InspirationalContemporary Inspirational
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 7281 Waters Edge Dr

The listing price of 7281 Waters Edge Dr property is $1,699,000.

The property 7281 Waters Edge Dr is a house located in The Colony, Texas, 75056.

Active Listing: 7281 Waters Edge Dr is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 7281 Waters Edge Dr are: Ethridge Elementary School (GreatSchools Rating 4/10), Prestwick Elementary School (GreatSchools Rating 8/10), Peters Colony Elementary School (GreatSchools Rating 5/10), Lakeview Middle School (GreatSchools Rating 3/10), Lowell H. Strike Middle School (GreatSchools Rating 4/10), Griffin Middle School (GreatSchools Rating 4/10), The Colony High School (GreatSchools Rating 4/10), Reedy High School (GreatSchools Rating 9/10), Leadership Preparatory School Secondary School (GreatSchools Rating 7/10).

According to the records, the last property tax for 2024 is $23,996 (source: MLS/based on county public records data).

The property at 7281 Waters Edge Dr has 5 bedrooms and 3 full and 1 half bathrooms.

The property 7281 Waters Edge Dr is 5,695 SqFt (source: MLS/tax record).

The year of construction for 7281 Waters Edge Dr is 2022.

This home is located at 7281 Waters Edge Dr in The Colony, TX and zip code 75056 in the The Water's Edge neighborhood. This 5,695 square foot home was built in 2022. Features: 5 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $1,699,000.

The inventory of homes for sale in The Colony, TX between May and June 2025 increased by 12.7%. In June 2025 median list price was $500,000 and the average listing age was 61 days.

From Rocket Homes Real Estate and based on county public records data.

More resources