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$415,000

6410 Hampstead Dr, Rowlett, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,281 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.94 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Oven, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan, Washer
FlooringTile

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,144 sqft

Building Information

Year Built1995
Stories1
Garage Spaces2

Land Information

APN5408-000C-0016-00-0R
Lot Number16
SubdivisionHeritage On The Lake Ph 1
Land UseResidential
Legal DescriptionHERITAGE ON THE LAKE PH 1, BLOCK C, LOT 16
Census Tract040301
Assessed Land Value$155,000
Assessed Improvement Value$245,000
Assessment Year2025

About this property

Recently updated and conveniently located in Heritage by the Lake on Lake Ray Hubbard in sought after Rockwall ISD. Recent updates throughout include roof and AC as well as LVP flooring in living and bedroom areas and leather look stone tile in the kitchen. This updated home is move in ready. Formals or optional office space, family room opens to the extended patio and perfectly maintained yard with updated wood fence and updated kitchen. Kitchen has new appliances that include a gas oven and combination confection microwave and is nicely appointed with 42-inch cabinets and granite counter tops. The primary bathroom has a new extended huge shower and both bathrooms have new vanities, counters and fixtures. Updated lighting and fans throughout the home. Driveway is extended and storage shed stays as does the Refrigerator, washer, dryer and garage freezer. All other items are negotiable. From the new modern updated front door throughout the home this home shows pride of ownership.

Investor Tools

Property Icon
$400,000
Estimated Property Value
$200,000Estimated Mortgage Balance
$205,336Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,458
$400,000
2025
$155,000
$245,000
$400,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,458
$400,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Inwood National Bank
Conventional
$200,000
No
First
Nov 26, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,664
$205,336
51%
49%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,200/mo
+$1,110/mo
6.9%

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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6410 Hampstead Dr | Property Details | No Agent List