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$374,650

NAL Estimated Property Value

2118 Randi Road, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,668 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.57 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,861 sqft

Building Information

Year Built1990
Stories2
Roof Type105
Garage Spaces2

Land Information

APN44010730070230000
SubdivisionLakecrest Rep
Land UseResidential
Legal DescriptionLAKECREST 3 & 4 REP BLK 7 LOT 23 INT202300001117 DD12302022 CO-DC 0107300702300 1CW01073007
Census Tract018135
Assessment Year2025

About this property

Great potential and curb appeal in this spacious Rowlett home located just minutes from I-30, Lake Ray Hubbard, and the development at Sapphire Bay Resort! This home has 4 generous sized bedrooms, all on the upper level. Downstairs, two living areas, formal dining, plus a good sized kitchen with additional eating area can accommodate small or large gatherings! Workable kitchen has newer granite countertops, a five-burner gas cooktop, and electric double ovens. There's a rear entry garage, open patio, utility room off kitchen, and good sized backyard with privacy fence. Served by Garland ISD, which offers Choice of School program! MOTIVATED SELLER! Home is priced to reflect condition and is ONLY being OFFERED AS IS! Seller will make no repairs.

Investor Tools

Property Icon
$374,650
Estimated Property Value
$257,155Estimated Mortgage Balance
$117,495Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,248 /month
Positive
Cash Flow Estimate:
$749 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,818
$374,650
2025
N/A
N/A
$374,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,818
$374,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$274,500
No
First
Dec 30, 2022
Jan 2038

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$257,155
$117,495
31%
69%
$1,646/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,646/mo
+$1,874/mo
11.3%

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: Rowlett

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2118 Randi Road | Property Details | No Agent List