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$299,000

3401 Locust St, Rowlett, TX, 75089

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.05 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCeramic Tile, Tile, Vinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44001580010010000
Lot Number1
SubdivisionFlower Hill
Land UseResidential
Legal DescriptionFLOWER HILL 4 BLK 1 LOT 1 VOL2001078/00670 DD10261993 CO-DC 0015800100100 34400158001
Census Tract018140
Assessed Land Value$65,000
Assessed Improvement Value$233,370
Assessment Year2025

About this property

Welcome home to this charming 4 bedroom home situated on a desirable corner lot in the heart of Rowlett! Step inside to a bright, airy living room that flows seamlessly into the spacious kitchen, creating the perfect space for everyday living and entertaining. Fresh interior paint and beautiful new flooring give the home a clean, updated feel. The cheerful dining area is filled with natural light, while the kitchen features a cozy breakfast nook, abundant cabinetry, and generous counter space for cooking and gathering. The 4th bedroom has french doors and could be used as an office. Roof replaced 2025. Conveniently located near major highways, shopping, dining, and everyday amenities, this home offers both comfort and convenience. Don't miss your opportunity to own this move-in ready gem in a fantastic Rowlett location!

Investor Tools

Property Icon
$298,370
Estimated Property Value
$74,160Estimated Mortgage Balance
$298,370Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Amy Britt

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$165/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$491
$298,370
2025
$65,000
$233,370
$298,370
No

Tax History

Year
Tax Paid
Assessed Value
2025
$491
$298,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Principal Mutual Life Ins
Fha
$74,160
Yes
First
Oct 26, 1993
Nov 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$298,370
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
N/A
+$2,770/mo
11.1%

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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3401 Locust St | Property Details | No Agent List