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$429,000

NAL Estimated Property Value

3309 Bridgewater Dr, Rowlett, TX, 75088

$477,899 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,938 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.62 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size10,483 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces4

Land Information

APN440007700B0020000
Lot Number2
SubdivisionCambridge Meadow
Land UseResidential
Legal DescriptionCAMBRIDGE MEADOW ESTATES PH 1 BLK B LT 2 INT202500054330 DD03142025 CO-DC 0007700B00200 1CW0007700B
Census Tract018134
Assessed Land Value$75,000
Assessed Improvement Value$354,000
Assessment Year2025

About this property

This two-story home offers a fantastic layout with a primary bedroom conveniently located downstairs and an open-concept kitchen that flows seamlessly into the living room, perfect for entertaining. Upstairs, you’ll find a large secondary living area, ideal for a game room, media room, or additional lounge space. Step outside to enjoy the pool and an large backyard with extra space for customization. With two garage spaces and four additional covered parking spots, there’s plenty of room for vehicles and storage. The home is in need of repair and it presents an incredible opportunity to and add value. Bring your vision and transform this property into your dream home. Investor Investment TLC

Investor Tools

Property Icon
$429,000
Estimated Property Value
$296,944Estimated Mortgage Balance
$132,056Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$477,898
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,574 /month
Positive
Cash Flow Estimate:
$858 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$799/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,444
$429,000
2025
$75,000
$354,000
$429,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,444
$429,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Daniel John Etal
Purchase Money Mortgage
$300,000
No
First
Oct 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$296,944
$132,056
30%
69%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,799/mo
+$1,721/mo
9.8%

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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3309 Bridgewater Dr | Property Details | No Agent List