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$245,900

4009 Karen Circle, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,592 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.46 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,800 sqft

Building Information

Year Built1982
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44023070010910000
Lot Number91
SubdivisionToler Ridge
Land UseResidential
Legal DescriptionTOLER RIDGE 3 BLK 1 LT 91 INT202000323141 DD11192020 CO-DC 0230700109100 1CW02307001
Census Tract018145
Assessed Land Value$100,000
Assessed Improvement Value$223,940
Assessment Year2025

About this property

This immaculately maintained Rowlett home, located on a quiet cul-de-sac, is one you won't want to miss! Updates include -new hard floors throughout the house granite countertops throughout, new stainless steel appliances, a wine cooler in kitchen, fresh interior & exterior paint, new front & back doors, built in kitchen bench with matching table and chairs, updated master bathroom (new vanities, shower door, tile floor, paint), a new wood fence (2 years old), new fixtures throughout and fresh landscaping. Other highlights include a gas cooktop, beautiful hand-scraped wood-inspired floors, a floor-to-ceiling brick wood-burning & gas fireplace & a covered patio overlooking the generously sized grassy backyard!

Investor Tools

Property Icon
$323,940
Estimated Property Value
$0Estimated Mortgage Balance
$106,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,944 /month
Positive
Cash Flow Estimate:
$648 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,657
$323,940
2025
$100,000
$223,940
$323,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,657
$323,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$243,200
No
First
Nov 19, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,380
$106,560
32%
67%
$1,459/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,459/mo
+$1,241/mo
10.0%

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.

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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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