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$337,390

NAL Estimated Property Value

3505 Malinda Lane, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,593 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.02 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size8,285 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44023050080150000
Lot Number15
SubdivisionToler Ridge
Land UseResidential
Legal DescriptionTOLER RIDGE 2 BLK 8 LT 15 INT202200282543 DD10282022 CO-DC 0230500801500 1CW02305008
Census Tract018145
Assessed Land Value$100,000
Assessed Improvement Value$237,390
Assessment Year2025

About this property

Well cared for home on a tree-lined street with so many things to love. Open concept dining and living. Kitchen with gas cooktop, stainless appliances, double oven, and generous pantry. Large living area allows for plenty of seating in front of the cozy fireplace. Big windows to the backyard provide a great view and lots of natural light. Master suite has soaking tub and shower, double vanities and walk-in closets. The home has had a lot of care including the updated wood floor tile and baseboards, water heater replaced in 2018, updated windows in master, fence replaced (taller) in 2020. The charming backyard has several places to enjoy, including the sideboard with extra paving for a seating area, nice storage unit, and the raised garden. This home has been loved and is now ready for you to make it yours!

Investor Tools

Property Icon
$337,390
Estimated Property Value
$252,793Estimated Mortgage Balance
$84,597Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,024 /month
Positive
Cash Flow Estimate:
$675 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$802/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,941
$337,390
2025
$100,000
$237,390
$337,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,941
$337,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$270,800
No
First
Oct 28, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$252,793
$84,597
25%
75%
$1,624/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,624/mo
+$1,076/mo
9.6%

City: Rowlett

3505 Malinda Lane | Property Details | No Agent List