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$403,238

NAL Estimated Property Value

4006 Watersedge Dr, Rowlett, TX, 75088

$433,690 ARVInfo
SoldInfo
8/04/26
Beds3 Beds
Baths2 Bath
Baths2,080 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.64 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTile

Exterior

Exterior FeaturesStorage
Lot Size10,237 sqft

Building Information

Year Built1998
Stories1
Garage Spaces2

Land Information

APN4286-000D-0004-00-0R
Lot Number4
SubdivisionLakeside Village Estates Ph 2
Land UseResidential
Legal DescriptionLAKESIDE VILLAGE ESTATES PH 2, BLOCK D, LOT 4
Census Tract040301
Assessed Land Value$120,000
Assessed Improvement Value$283,238
Assessment Year2025

About this property

Located in the lovely Lakeside Village Estates! Rockwall School District!...Home comes equipped with 3 bedrooms, bonus room, 2 full bathrooms, fireplace, beautiful tile floors, 2 inch blinds, ceiling fans, gas cooking stove, built in microwave, dishwasher, granite counter tops, master bathroom with separate shower and tub, large fenced in back yard, storage shed with concrete floor and electricity!!! Located near shopping, dining and parks!***Floor Plan available!

Investor Tools

Property Icon
$403,238
Estimated Property Value
$137,034Estimated Mortgage Balance
$266,495Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$433,689
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,419 /month
Positive
Cash Flow Estimate:
$806 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$639/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,652
$403,238
2025
$120,000
$283,238
$403,238
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,652
$403,238

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Connextions Lp
Conventional
$156,500
No
First
Mar 27, 2020
Apr 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$137,034
$266,204
66%
34%
$939/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$939/mo
+$2,581/mo
10.5%

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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4006 Watersedge Dr | Property Details | No Agent List