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$792,000

NAL Estimated Property Value

6027 Rathbone Dr, Parker, TX, 75002

$1,029,600 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,968 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$269.54 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

ARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Tile, Wood

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APNR-4868-00D-0450-1
Lot Number45
SubdivisionParker Lake Estates Phse 2 (Cpk)
Land UseResidential
Legal DescriptionPARKER LAKE ESTATES PHSE 2 (CPK), BLK D, LOT 45
Census Tract031326
Assessed Land Value$220,000
Assessed Improvement Value$539,093
Assessment Year2025

About this property

Situated on just over a half acre in the desirable Parker Lake Estates subdivision, this beautifully maintained one-story, 4-bedroom, 3-bath home offers nearly 3,000 sqft of thoughtfully designed living space with an open floorplan ideal for everyday living and entertaining. You will fall in love the moment you arrive and see this inviting wraparound brick front porch. Step inside to an interior that has details galore - tray ceilings, crown molding, plantation shutters, and hardwood floors. A spacious family room featuring a gas log fireplace flows seamlessly into the kitchen, which boasts granite countertops, under-cabinet lighting, a large island and peninsula bar, walk-in pantry, and a breakfast area with bay window. The oversized primary suite offers a relaxing retreat with a huge ensuite bath and walk in closet. Step outside to enjoy a pergola-covered rear patio overlooking the expansive backyard - perfect for outdoor living! A standout feature is the 20x30 detached, climate-controlled and ventilated workshop with an additional covered garage space. It is ideal for woodworking, hobbies, or extra storage. Located on a quiet, tree-lined street and zoned to Allen ISD, this community is known for its oversized lots and peaceful setting, while still offering easy access to highways, shopping, dining, and nearby parks and green spaces. New Roof 2025

Investor Tools

Property Icon
$792,000
Estimated Property Value
$1,213,370Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$1,029,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$925/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,649
$759,093
2025
$220,000
$539,093
$759,093
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,649
$759,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$608,000
No
First
Mar 31, 2026
May 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,213,370
N/A
0%
153%
$7,292/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,350/mo
$8,217/mo
$-4,867/mo
5.1%

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: Parker

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6027 Rathbone Dr | Property Details | No Agent List