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$390,340

2402 Wellesly Rd, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.43 / sqft
Year BuiltBuilt in 1994

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
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringHardwood, Tile, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters, Private Entrance, Private Yard, Storage
Lot Size9,231 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44022270070060000
Lot Number6
SubdivisionSpringfield Sec
Land UseResidential
Legal DescriptionSPRINGFIELD SEC 3 BLK 7 LOT 6 INT202300168967 DD08212023 CO-DC 0222700700600 1CW02227007
Census Tract018157
Assessed Land Value$85,000
Assessed Improvement Value$305,340
Assessment Year2025

About this property

Appraised $387K+ AS IS May2023. Deluxe plan w.front long enclosed flex room can be used as extra bedroom, second living space, media room, game room, ultimate flexibility to fit lifestyle. Extra open front area with sliding door. High-grade finishes, Vaulted upscale-spacious. NEW PAINT, NEW Water heater, 2017 HVAC,2020 Gutters, Custom easy pull window coverings, Quartz, Wood& Tile Flooring. Plantation Shutters in primary w.Designer Glass casing&Decorative Windows over Marble Tub. Kitchen offers cabinet decorative lighting, matte hardware,deep countertops,lots of storage space. Primary bedroom is separated from other rooms. Unlike other properties,neighbors won't be right on top of you. Quiet streets surround the house. The home is surrounded by grassy areas, TX annual returning plants w.fragrance in the air once the flowers bloom on the front Magnolia Tree. Courtyard-style patio connects to rock stepping stones that opens to a Large Open Backyard Space with a hidden side storage room.

Investor Tools

Property Icon
$390,340
Estimated Property Value
$312,000Estimated Mortgage Balance
$93,993Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,342 /month
Positive
Cash Flow Estimate:
$781 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$928/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,187
$390,340
2025
$85,000
$305,340
$390,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,187
$390,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amwest Funding Corp
Conventional
$312,000
No
First
Aug 21, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,347
$93,993
24%
76%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,871/mo
+$899/mo
8.5%

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: Rowlett

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2402 Wellesly Rd | Property Details | No Agent List