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$321,000

NAL Estimated Property Value

3902 Martha Lane, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,841 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$135.8 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size8,442 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440162300M0160000
Lot Number16
SubdivisionPeninsula Rep
Land UseResidential
Legal DescriptionPENINSULA 5 REP BLK M LT 16 INT202200206264 DD07272022 CO-DC 0162300M01600 1CW0162300M
Census Tract018134
Assessed Land Value$80,000
Assessed Improvement Value$238,750
Assessment Year2025

About this property

Great potential in Rowlett priced to sell! This home offers a bright and open floorplan with some amazing windows and tall ceilings. Good sized kitchen features gas range and space for additional dining. Master suite at front of the home has spacious bath with separate shower & garden tub. Guest bath is just as large. Recent foundation work done in Nov 2020. Cosmetic touches and updates needed throughout will make this one shine! Perfect investment property or first home. Close to restaurants, shopping, and schools. Centrally located close to IH 30 and George Bush 190.

Investor Tools

Property Icon
$321,000
Estimated Property Value
$0Estimated Mortgage Balance
$321,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,926 /month
Positive
Cash Flow Estimate:
$642 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,237
$318,750
2025
$80,000
$238,750
$318,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,237
$318,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$321,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
N/A
+$2,700/mo
10.1%

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.

Explore Texas Explore This Area
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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3902 Martha Lane | Property Details | No Agent List