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$338,000

NAL Estimated Property Value

6509 Cypress Ln, Rowlett, TX, 75087

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,969 Sq Ft
price_per_sqft$162.47 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size5,140 sqft

Building Information

Year Built1986
Stories1
Garage Spaces2

Land Information

APN3475-0001-0050-00-0R
Lot Number50
SubdivisionCypress Cove
Land UseResidential
Legal DescriptionCYPRESS COVE, BLOCK 1, LOT 50
Census Tract040301
Assessed Land Value$155,000
Assessed Improvement Value$172,847
Assessment Year2025

About this property

Nice home on gorgeous lot with trees. Kitchen has been updated with granite countertops, stainless steel appliances, newer cabinets, refrigerator included, laminate flooring with attached family room. Separate living room with formal dining, fireplace looking out to back yard. Large Primary bedroom downstairs with walk in closet. Primary Bath has separate updated shower, tub and long vanity with double sinks. Cute half bath downstairs. Upstairs has second bedroom with full bath and separate office or living area with nice bookshelves. Back yard has attached storage area with wood fence. Walking distance to Lake Ray Hubbard. Located right off Hwy66 and not far from George Bush Fwy. Baylor Scott & White close by.

Investor Tools

Property Icon
$338,000
Estimated Property Value
$292,396Estimated Mortgage Balance
$45,604Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,912
$327,847
2025
$155,000
$172,847
$327,847
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,912
$327,847

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Fha
$299,475
Yes
First
Jan 23, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$292,396
$45,604
13%
87%
$1,796/mo

City: Rowlett