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B+
NoAgentList RatingHow are grades calculated? Info

$189,900

7118 Stone Meadow Circle, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,723 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$110.21 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size3,250 sqft

Building Information

Year Built1973
Stories2
Roof Type105
Garage Spaces4

Land Information

APN44022500030130000
Lot Number13
SubdivisionStone Meadow By Lake
Land UseResidential
Legal DescriptionSTONE MEADOW BY LAKE BLK C LT 13 INT202000165133 DD06232020 CO-DC 0225000301300 1CW02250003
Census Tract018134
Assessed Land Value$38,000
Assessed Improvement Value$183,000
Assessment Year2025

About this property

WE HAVE MULTIPLE OFFERS - BEST AND FINAL OFFERS ARE DUE MONDAY MAY 18 by 9am. Email LA - Forever home for under $200K! You must see this townhome w large bedrooms & easy access to Lake Ray Hubbard. This townhome is a perfect place to call home located in a small community circle in Rowlett. The kitchen has had some renovations including new appliances. All carpet upstairs is new. At the front of the house you are greeted by a covered area w stained concrete that can be used for large gatherings or parking. Right across the street is the community pool. There is a community trail that leads to the lake making it readily accessible. Only a few miles from I-30 makes this a prime location..

Investor Tools

Property Icon
$309,000
Estimated Property Value
$0Estimated Mortgage Balance
$140,762Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,854 /month
Positive
Cash Flow Estimate:
$618 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$406/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,323
$221,000
2025
$38,000
$183,000
$221,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,323
$221,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$190,142
Yes
First
Jun 23, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$168,238
$140,762
45%
54%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,290/mo
+$1,410/mo
10.5%

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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7118 Stone Meadow Circle | Property Details | No Agent List