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$394,000

6709 Springmeadow Ln, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,316 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.18 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,077 sqft

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44022280070030000
Lot Number3
SubdivisionSpringfield Sec
Land UseResidential
Legal DescriptionSPRINGFIELD SEC 4 BLK 7 LOT 3 INT202200158888 DD06072022 CO-DC 0222800700300 1CW02228007
Census Tract018156
Assessed Land Value$70,000
Assessed Improvement Value$295,500
Assessment Year2025

About this property

Multiple offers received. Please submit highest and best by 7pm 5.22.22. Welcome to this lovely 4 bedroom, 2 bathroom, 2 car garage home with space for everyone. Upon entry you are greeted by a formal dining room and a flex space that could be an office, hobby room, or formal living area, both with new carpet. The main living room is oversized and features a fireplace, updated fan, hardwood flooring, and views of the backyard. The kitchen has ample counter space with an island, new ceramic tile, and a convenient breakfast area for casual dining. The split bedroom configuration means you get a secluded primary suite with a large bathroom and walk-in closet, and three additional bedrooms with a full bathroom on the other side of the house. Numerous updates over the years - roof, flooring, fence, plumbing fixtures, lighting, paint. See uploaded doc for more info. Great attractions nearby - Kids Kingdom, Wet Zone, Firewheel, Lake Ray Hubbard, Sapphire Bay. Sellers prefer a leaseback.

Investor Tools

Property Icon
$394,000
Estimated Property Value
$170,000Estimated Mortgage Balance
$224,490Estimated Equity
57% 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
$881/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,603
$365,500
2025
$70,000
$295,500
$365,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,603
$365,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aml Funding Llc
Conventional
$170,000
No
First
Mar 9, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,510
$224,490
56%
43%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$1,020/mo
+$2,600/mo
11.0%

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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6709 Springmeadow Ln | Property Details | No Agent List