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B+
NoAgentList RatingHow are grades calculated? Info

$405,230

5209 Matagorda Bay Ct, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,463 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.57 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCeramic Tile, Hardwood, Laminate

Exterior

Lot Size8,036 sqft

Building Information

Year Built1999
Stories1
Roof Type105
Garage Spaces1

Land Information

APN440144000B0150000
Lot Number15
SubdivisionMariner Park Sec
Land UseResidential
Legal DescriptionMARINER PARK SEC 1 BLK B LT 15 INT202400138297 DD07092024 CO-DC 0144000B01500 1CW0144000B
Census Tract018140
Assessed Land Value$90,000
Assessed Improvement Value$315,230
Assessment Year2025

About this property

Welcome to your dream home in Rowlett! This beautifully renovated 4-bedroom, 2- bathroom house offers 2,463 square feet of modern living space. The heart of the home is a sleek, updated kitchen with granite counter tops perfect for cooking and entertaining. Home includes a primary walk in closet, luxurious newly renovated bathrooms with quartz and marble countertops, hydra massage whirlpool tub, new flooring, and fresh paint throughout. Enjoy the privacy of a 10 foot board -on -board cedar fence in the backyard. Automated irrigation system. Recent upgrades include a new furnace in 2023, and a new condenser and water heater in 2021, ensuring comfort and efficiency. Located on a Cul-de-sac. Neighborhood offers a community pool down the street. Lake Ray Hubbard at walking distance and easy access to George Bush Turnpike. Schedule a viewing today to experience this exceptional property firsthand.

Investor Tools

Property Icon
$405,230
Estimated Property Value
$413,155Estimated Mortgage Balance
$5,639Estimated Equity
-2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,609 /month
Positive
Cash Flow Estimate:
$870 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$737/month
$509/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,812
$405,230
2025
$90,000
$315,230
$405,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,812
$405,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$413,155
No
First
Jul 9, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$399,591
$5,639
1%
99%
$2,478/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$2,987/mo
+$633/mo
10.7%

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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5209 Matagorda Bay Ct | Property Details | No Agent List