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B+
NoAgentList RatingHow are grades calculated? Info

$274,900

4506 Lake Hill Dr, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,950 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.97 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size10,400 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44012800030150000
Lot Number15
SubdivisionLakeridge
Land UseResidential
Legal DescriptionLAKERIDGE ESTATES 1 BLK 3 LT 15 INT202100068030 DD03092021 CO-DC 0128000301500 1CW01280003
Census Tract018140
Assessed Land Value$80,000
Assessed Improvement Value$260,180
Assessment Year2025

About this property

Move in ready! Established neighborhood. 3 bedroom, 2 bath. Huge private backyard with board on board fence! Split bedrooms. Large living room. Large walk in closet in master and master bath with jetted tub and separate shower. 2 car garage. Very convenient access to George Bush Turnpike. Close proximity to Lake Ray Hubbard, schools, shopping, and neighborhood parks.

Investor Tools

Property Icon
$352,000
Estimated Property Value
$264,100Estimated Mortgage Balance
$114,058Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,112 /month
Positive
Cash Flow Estimate:
$704 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,782
$340,180
2025
$80,000
$260,180
$340,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,782
$340,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$264,100
No
First
Mar 9, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,942
$114,058
32%
68%
$1,584/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,584/mo
+$1,186/mo
9.4%

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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4506 Lake Hill Dr | Property Details | No Agent List