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$439,000

$449,000

7214 Montego Dr, Rowlett, TX, 75089

On MarketInfo
Price DropInfo
Beds5 Beds
Baths2 Bath
Baths2,644 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.04 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

BankruptcyAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range

Exterior

Lot Size7,920 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces2

Land Information

APN440139500B0180000
Lot Number18
SubdivisionLakeview Meadows
Land UseResidential
Legal DescriptionLAKEVIEW MEADOWS ESTATES SEC 5 BLK B LOT 18 INT201500056588 DD03032015 CO-DC 0139500B01800 1CW0139500B
Census Tract018150
Assessed Land Value$85,000
Assessed Improvement Value$329,350
Assessment Year2025

About this property

Luxury Living, Completely Reimagined Experience modern luxury in this fully renovated 5-bedroom, 2.5-bath home where every detail has been thoughtfully designed. This stunning residence features a spacious 2-car garage, the convenience of two laundry rooms (one on each level), and all brand-new stainless steel appliances, including the refrigerator. Enjoy abundant natural light through brand-new energy-efficient windows, beautifully updated finishes throughout, and an open, inviting floor plan perfect for both everyday living and entertaining. Step outside to a large, private backyard enclosed by a beautiful privacy fence—ideal for outdoor gatherings, play, or peaceful evenings at home. Move-in ready with designer-inspired updates from top to bottom, this exceptional home offers the perfect blend of elegance, comfort, and modern convenience.

Investor Tools

$282,097Estimated Mortgage Balance
$172,323Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,724 /month
Positive
Cash Flow Estimate:
$908 /month

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Jeff Richardson

All City

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$588/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,789
$414,350
2025
$85,000
$329,350
$414,350
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,789
$414,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mustang Credit Solutions Llc
Commercial
$285,000
No
First
Dec 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,097
$132,253
31%
62%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$1,709/mo
+$1,911/mo
9.6%

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.

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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