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$495,000

7001 Handen Dr, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.23 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,440 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN440140602001R0000
Lot Number1R
SubdivisionLakewood Pointe Amended Replat
Land UseResidential
Legal DescriptionLAKEWOOD POINTE AMENDED REPLAT BLK 20 LT 1R INT20080222723 DD07012008 CO-DC 0140602001R00 1CW01406020
Census Tract018149
Assessed Land Value$90,000
Assessed Improvement Value$413,280
Assessment Year2025

About this property

Built by Highland Homes and meticulously kept, 7001 Handen Drive offers more than fresh finishes—it delivers the kind of quality upgrades you don't always see at first glance. Located in an established neighborhood, this home shines with recent updates, spotless presentation, flexible living spaces, Lakewood Pointe amenities, and easy access to I-30, PGBT, and Lake Ray Hubbard. Inside, the home opens to arched transitions, and spacious rooms that feel clean and truly move-in ready. The large family room boasts a floor-to-ceiling stone fireplace, natural light, and 5.1 surround sound. It flows easily into the kitchen & breakfast area making the layout ideal for gathering, hosting, or staying connected to the action. The island kitchen offers a generous workspace, elevated granite countertops, gas cooking, warm wood cabinetry, and updated appliances. The dining spaces give you options for casual meals, special occasions, and entertaining. The home office provides private space for remote work, while the versatile game room adds a true second living area with 7.1 surround sound. A large laundry room and abundant storage add even more functionality. The primary suite has room for a sitting area, a luxurious bath with separate vanity areas, a jetted tub, and a large walk-in closet. The upstairs bedroom layout offers flexibility, including a jack-n-jill bath and a private suite. Out back, enjoy a covered flagstone patio wired for a TV and fan plus a concrete pad with 50 & 20 amp electrical for a future spa and lighting. Meaningful upgrades include the 2023 roof, ext paint, and board-on-board cedar fence. 2026 int. paint & downstairs carpet. Wide moldings and casings, solar screens on west-facing windows, foam insulation at ext walls, solid-core int. doors, network wiring, ADT cameras, and an oversized 23’ deep garage. With two community pools, playgrounds, and nearby schools, this pristine Lakewood Pointe home is ready to impress. Schedule your private tour today.

Investor Tools

Property Icon
$503,280
Estimated Property Value
$245,919Estimated Mortgage Balance
$283,469Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,020 /month
Positive
Cash Flow Estimate:
$1,007 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$351/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,819
$503,280
2025
$90,000
$413,280
$503,280
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,819
$503,280

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Solutions Of Colorado Llc
Conventional
$245,919
No
First
Jan 14, 2021
Feb 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,811
$283,469
56%
44%
$1,475/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$1,826/mo
+$1,794/mo
8.6%

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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7001 Handen Dr | Property Details | No Agent List