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$3,000

$394,825

5506 San Marino Dr, Rowlett, TX, 75089

On MarketInfo
Just AddedInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,130 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.96 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Cooktop, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Lot Size1,089 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN440143500B15R0000
Lot Number15R
SubdivisionMariner's Cove Ph Rep
Land UseResidential
Legal DescriptionMARINER'S COVE PH 2 REP BLK B LT 15R INT201700114743 DD04212017 CO-DC 0143500B15R00 1CW0143500B
Census Tract018140
Assessed Land Value$90,000
Assessed Improvement Value$339,130
Assessment Year2025

About this property

The most important thing about real estate is Location, Location and this Mariner's Cove Beauty starts with that and then adds so many more extras that the value is undeniable and you should see it soon. The heavy lifting has Ben done like AC system and roof both done in last 4 years or so. New paint just completed in the last week along with new luxury vinyl flooring in formals, Den and Kitchen, plus newer lighting fixtures that only add to the already abundant natural light that floods the home. 4 bedrooms and a primary bedroom that's massive and will have you hibernating all season long and not wanting to leave with a bath that's big enough for everybody now add that with a fireplace that will add the atmosphere on the cold winter nights. The covered patio that extends almost the entire length of the home has multiple ceiling fans that will cool you on those hot summer days and the large yard backs to open area thats maintained by the HOA just an additional bonus and finally a shed for extra storage. Add it all up and this one is a Winner!

Investor Tools

Property Icon
$451,000
Estimated Property Value
$185,500Estimated Mortgage Balance
$284,531Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,706 /month
Positive
Cash Flow Estimate:
$902 /month

Interested in this property?

Ben Baker

Keller Williams Realty DPR

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
$46/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,516
$429,130
2025
$90,000
$339,130
$429,130
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,516
$429,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Titus38 Llc
Conventional
$185,500
No
First
Mar 29, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,469
$284,531
63%
37%
$1,113/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,159/mo
+$1,611/mo
7.4%

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.

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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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