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$309,000

NAL Estimated Property Value

1801 Marcella Ln, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,404 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.8 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Range
FlooringMarble, Tile, Vinyl

Exterior

Lot Size5,116 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44022290090030000
Lot Number3
SubdivisionSpringfield Sec 5a
Land UseResidential
Legal DescriptionSPRINGFIELD SEC 5A BLK 9 LT 3 INT202200109403 DD04182022 CO-DC 0222900900300 1CW02229009
Census Tract018157
Assessed Land Value$70,000
Assessed Improvement Value$228,460
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! SUBMIT YOUR BEST OFFER! DEADLINE 10PM 3.20.22. Amazing 3 bedroom, 2 bath located in the sought after Springfield Subdivision in the heart of Rowlett. Open floor plan with vaulted ceilings and tons of natural light welcome you as you enter home. New luxury plank flooring and recent updates throughout home. Dual primary sinks and remodeled shower in the primary bath. Custom concrete patio perfect for gatherings. Easy access to I30 and George Bush Turnpike, close to Lake Ray Hubbard, and Firewheel Town Center for all of your shopping and dining! A must see home!

Investor Tools

Property Icon
$309,000
Estimated Property Value
$233,447Estimated Mortgage Balance
$75,553Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,860 /month
Positive
Cash Flow Estimate:
$620 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$714/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,025
$298,460
2025
$70,000
$228,460
$298,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,025
$298,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
V I P Mortgage Inc
Conventional
$252,800
No
First
Apr 18, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$233,447
$75,553
24%
76%
$1,516/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,516/mo
+$1,254/mo
10.8%

City: Rowlett

1801 Marcella Ln | Property Details | No Agent List