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B+
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$255,000

6220 Magnolia Ln, Rowlett, TX, 75089

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.83 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size6,280 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APN44005500060030000
Lot Number3A
SubdivisionKenwood Heights
Land UseResidential
Legal DescriptionKENWOOD HEIGHTS 1 BLK 6 LT 3A VOL2005105/2404 DD05242005 CO-DC 0055000600300 1CW00550006
Census Tract018156
Assessed Land Value$65,000
Assessed Improvement Value$205,650
Assessment Year2025

About this property

Fantastic Rowlett Location – 3 Bedroom, 2 Bath Home with Great Potential! Welcome to this 3-bedroom, 2-full-bathroom home in a highly convenient Rowlett location, offering an excellent opportunity for an investor, first-time buyer, or anyone looking to renovate and create a home of their own The property needs some updates and a little TLC, providing the opportunity to add your personal touches and build value. The functional layout, desirable location, and surrounding amenities make this home well worth a closer look Location is a major highlight! The home is conveniently located near Lake Ray Hubbard, major highways including I-30 and President George Bush Turnpike, shopping centers, restaurants, and local schools, making every day commuting, dining, shopping, and recreation easy and convenience This is an opportunity you won’t want to miss! Come see the property in person and imagine the possibilities. Whether you're looking for your next investment or a home you can make your own, this Rowlett property has plenty of potential. ?? Pictures will be available soon.

Investor Tools

$59,212Estimated Mortgage Balance
$211,438Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,624 /month
Positive
Cash Flow Estimate:
$541 /month

Interested in this property?

Yemaya Torres

Only 1 Realty Group North Dallas

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$335/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,665
$270,650
2025
$65,000
$205,650
$270,650
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,665
$270,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$86,600
No
First
Nov 19, 2012
Dec 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$59,212
$211,438
78%
22%
$520/mo

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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