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$619,999

7213 Lakeview Pkwy, Rowlett, TX, 75088

PendingInfo
CommercialInfo
Beds3 Beds
Baths1 Bath
Baths1,800 Sq Ft
OfficeOffice
Year BuiltBuilt in 1950

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
FlooringLaminate, Simulated Wood

Exterior

Lot Size20,909 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces4

Land Information

APN65057171710060000
SubdivisionJ Hobbs Survey Abstract #571
Land UseResidential
Legal DescriptionJAMES HOBBS ABST 571 PG 717 TR 6 S-1 ACS .48 100X209.50 INT201200340913 DD11152012 CO-DC 0571717100600 1CW05717171
Census Tract018150
Assessed Land Value$96,000
Assessed Improvement Value$144,940
Assessment Year2025

About this property

Welcome to 7213 Lakeview Parkway an incredibly versatile property offering both residential comfort and strong commercial potential. Ideally positioned along a high-visibility corridor, this location provides excellent exposure, easy access, and proximity to major roads, local businesses, and Lake Ray Hubbard Currently set up as a well-maintained residence, the property features a functional layout with multiple living spaces, ample natural light, and flexible rooms that can easily be adapted for office, retail, or service based use. Whether you’re envisioning a boutique storefront, professional office, or maintaining it as a home, the possibilities here are endless. The lot offers valuable space for parking, expansion, or outdoor use making it ideal for business operations or creating a private retreat. Its strategic location along Lakeview Parkway ensures steady traffic flow, maximizing visibility for any commercial venture. Perfect for investors, business owners, or buyers looking for a live work opportunity, this property delivers the rare combination of location, flexibility, and potential. Opportunities like this don’t come around often secure your spot in one of Rowlett’s most desirable and growing areas today!

Investor Tools

$126,952Estimated Mortgage Balance
$517,508Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,864 /month
Positive
Cash Flow Estimate:
$1,288 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,233
$240,940
2025
$96,000
$144,940
$240,940
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,233
$240,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mary Mcentee
Seller Carryback / Seller Financing / Seller Take-Back
$185,000
No
First
Nov 15, 2012
Oct 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,952
$566,048
81%
20%
$1,110/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,110/mo
+$1,590/mo
5.0%

Learn About the Market: Opportunity in Texas

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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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7213 Lakeview Pkwy | Property Details | No Agent List