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$370,000

$380,000

7201 Armstrong Ln, Rowlett, TX, 75089

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,198 Sq Ft
price_per_sqft$168.33 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave

Exterior

Lot Size8,052 sqft

Building Information

Year Built1993
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44016410030210000
Lot Number21
SubdivisionPrinceton Park
Land UseResidential
Legal DescriptionPRINCETON PARK PH 2 BLK 3 LT 21 VOL95026/0608 DD02011995 CO-DC 0164100302100 34401641003
Census Tract018150
Assessed Land Value$90,000
Assessed Improvement Value$285,530
Assessment Year2025

About this property

Welcome to this well-maintained 3-bedroom, 2-bath home offering 2,198 square feet of comfortable living space in the established Princeton Park neighborhood of Rowlett. Situated on a desirable corner lot directly across from a five-acre neighborhood park, this home provides easy access to multi purpose play court, open green space, a playground, and a paved walking trails and bike trails. Inside, the flexible floor plan offers multiple living and dining spaces, including a formal dining area, breakfast area, spacious living room, and a den featuring a cozy gas-log fireplace. The kitchen serves as the heart of the home with a center island, abundant workspace, and convenient access to the surrounding living areas. The private primary suite includes a sitting area that can serve as a reading nook, exercise space, or home office retreat. A dedicated study with French doors provides an ideal workspace and could easily function as a fourth bedroom, hobby room, or guest space Additional features include: • Brick exterior for timeless curb appeal • Well-maintained landscaping • Paved backyard patio for outdoor entertaining and relaxation • Attached two-car garage with built-in storage cabinets and workbench • Storage shed with built-in shelving, metal shelving, overhead storage, and workbench Technology-minded buyers will appreciate the home's CAT6 network cabling throughout the house, centrally terminated for convenient network management, as well as access to Frontier Fiber Internet service. The home is also pre-wired for a monitored security system with door and window sensors already installed. Combining functional living spaces, exceptional storage and workspace options, modern connectivity, and a prime park-side location, this home offers a unique opportunity in one of Rowlett's established neighborhoods.

Investor Tools

$0Estimated Mortgage Balance
$375,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,253 /month
Positive
Cash Flow Estimate:
$751 /month

Interested in this property?

Paula Merriman

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$521/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,371
$375,530
2025
$90,000
$285,530
$375,530
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,371
$375,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$375,530
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
N/A
+$2,770/mo
8.9%

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.

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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7201 Armstrong Ln | Property Details | No Agent List