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$400,000

2505 Sweetgum Court, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,213 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.75 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size13,352 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440224000F0050000
Lot Number5
SubdivisionSpringfield
Land UseResidential
Legal DescriptionSPRINGFIELD ESTATES PH A BLK F LT 5 INT202300008590 DD01132023 CO-DC 0224000F00500 1CW0224000F
Census Tract018157
Assessed Land Value$84,000
Assessed Improvement Value$326,780
Assessment Year2025

About this property

Are you looking for one of a kind lot in a quiet neighborhood? You’ve just found it! Third of an acre lot at the end of the cul de sac has a secluded backyard with trees changing color every season! Possibilities are endless here. Plenty of room to build a pool, plant a vegetable patch or just let your kids or pets roam around. And, of course, here is the house! Built by Highland home it has a fantastic open floorplan that seamlessly connects the kitchen, dining, and living areas and creates the perfect place for your family or entertainment. And to make your life easy, numerous updates were done in the last few years including kitchen and bathroom remodeling, energy-efficient windows, and flooring installation. And the best part – there is no HOA! All that plus close proximity to G.Bush highway, Firewheel Mall, and major employment centers in Richardson make this house a winner!

Investor Tools

Property Icon
$410,780
Estimated Property Value
$0Estimated Mortgage Balance
$116,911Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,465 /month
Positive
Cash Flow Estimate:
$822 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,141
$410,780
2025
$84,000
$326,780
$410,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,141
$410,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$320,000
No
First
Jan 13, 2022
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,869
$116,911
28%
72%
$1,919/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,919/mo
+$851/mo
8.1%

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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