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$455,869

NAL Estimated Property Value

6106 Grantham Dr, Rowlett, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,563 Sq Ft
price_per_sqft$156.07 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Private Yard
Lot Size8,059 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN5410-000G-0004-00-0R
Lot Number4
SubdivisionHeritage On The Lake Ph 3
Land UseResidential
Legal DescriptionHERITAGE ON THE LAKE PH 3, BLOCK G, LOT 4
Census Tract040301
Assessed Land Value$155,000
Assessed Improvement Value$300,869
Assessment Year2025

About this property

This Rockwall home offers the perfect blend of modern updates, thoughtful design, and an unbeatable location just minutes from Lake Ray Hubbard. Enjoy easy access to lakeside recreation, shopping, dining, and entertainment while coming home to your own private retreat. Inside, the bright and inviting floor plan is enhanced with recent upgrades throughout. The kitchen is equipped with brand-new appliances including an oven, dishwasher, and microwave, along with a new garbage disposal. Major systems have been replaced for peace of mind and efficiency, including a new total AC system (inside and outside), new insulation and ductwork, and a new hot water heater. Step outside to your backyard oasis featuring a sparkling pool and a covered patio that’s ideal for outdoor entertaining or quiet evenings at home. The fully fenced yard provides privacy and space to relax and unwind. Located in the highly rated Rockwall ISD, this home combines comfort, functionality, and convenience in one of the area’s most desirable communities. With its fresh updates, energy-efficient features, and outdoor retreat, this property truly has it all.

Investor Tools

Property Icon
$455,869
Estimated Property Value
$418,254Estimated Mortgage Balance
$37,615Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,735 /month
Positive
Cash Flow Estimate:
$912 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$545/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,261
$455,869
2025
$155,000
$300,869
$455,869
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,261
$455,869

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$421,309
Yes
First
Dec 19, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$418,254
$37,615
8%
92%
$2,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,526/mo
+$484/mo
7.9%

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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