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$236,000

NAL Estimated Property Value

2816 Rutgers Circle A, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.91 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size6,660 sqft

Building Information

Year Built1985
Stories2
Roof Type105
Garage Spaces1

Land Information

APN440012900H0170000
Lot Number17
SubdivisionCollege Park
Land UseResidential
Legal DescriptionCOLLEGE PARK 2 BLK H S PT LT 17 INT202300044728 DD03072023 CO-DC 0012900H01700 1CW0012900H
Census Tract018135
Assessed Land Value$35,000
Assessed Improvement Value$187,500
Assessment Year2025

About this property

Investor gem! Large brick 3 bedroom, 2.5 bath half duplex rental property near Lake Ray Hubbard. Roof, foundation and AC in good condition. One side is already section 8 qualified, with a tenant on housing program. Each unit can be sold separately or together! One side is vacant and the other side is rented. Great opportunity to live on one side and rent the other!

Investor Tools

Property Icon
$236,000
Estimated Property Value
$157,152Estimated Mortgage Balance
$78,848Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,416 /month
Positive
Cash Flow Estimate:
$472 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$535/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,237
$222,500
2025
$35,000
$187,500
$222,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,237
$222,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lending Base Inc
Conventional
$166,875
No
First
Mar 7, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,152
$78,848
33%
67%
$1,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,001/mo
+$1,699/mo
13.7%

City: Rowlett

2816 Rutgers Circle A | Property Details | No Agent List