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$313,000

NAL Estimated Property Value

4006 Tobin Trail, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,669 Sq Ft
price_per_sqft$137.21 / sqft
Year BuiltBuilt in 1984

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, Disposal, Double Oven, Electric Cooktop, Electric Oven, Microwave, Gas Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size7,475 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44023050130210000
Lot Number21
SubdivisionToler Ridge
Land UseResidential
Legal DescriptionTOLER RIDGE 2 BLK 13 LT 21 INT202100006594 DD01082021 CO-DC 0230501302100 1CW02305013
Census Tract018145
Assessed Land Value$100,000
Assessed Improvement Value$210,170
Assessment Year2025

About this property

Are you tired of looking at cookie cutter homes? What a great opportunity to own a charming custom home that's affordable and ready for your personal renovations. An entertainment sized living room has a full brick fireplace with gas logs. This kitchen is efficiently designed with ample storage and counter space. The master bedroom with en-suite bath offers a relaxing haven. Mature trees provide shade for great outdoor living. Updates in the last five years include a new roof, water heater. and GFCI installation in both bathrooms, kitchen and laundry. No HOA. Centrally located to shopping, dining and Lake Ray Hubbard. This is a fabulous find, so act quickly!

Investor Tools

Property Icon
$313,000
Estimated Property Value
$45,312Estimated Mortgage Balance
$267,688Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,268
$310,170
2025
$100,000
$210,170
$310,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,268
$310,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$50,000
No
First
Jun 15, 2021
Jul 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$45,312
$267,688
85%
14%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$300/mo
+$2,400/mo
10.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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