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$450,000

NAL Estimated Property Value

7504 Palisades Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.68 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Refrigerator, Washer
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size3,150 sqft

Building Information

Year Built2019
Stories2
Roof Type105
Garage Spaces2

Land Information

APN441107200F0230000
Lot Number23
SubdivisionBayside West
Land UseResidential
Legal DescriptionBAYSIDE WEST PH 1 BLK F LT 23 INT202300086963 DD05032023 CO-DC 1107200F02300 1CW1107200F
Census Tract018135
Assessed Land Value$100,000
Assessed Improvement Value$286,560
Assessment Year2025

About this property

Welcome home to 7504 Palisades Drive, living right by the lake! This charming and meticulously cared for home features recent updates including all new white-oak water resistant flooring throughout first level, as well as new Nest door bell and Nest thermostats both downstairs and upstairs. Downstairs primary bedroom sits away from upstairs bedrooms, giving you both privacy and convenience. Soaring ceilings in the main living space add volume to the property and give it a grand look and feel. Upstairs features additional two bedrooms along with a separated loft area which could be used as a second living space, office, or game room. Back covered patio with turfed yard. Close proximity to tons of shopping, dining, major highways and the new Sapphire Bay Resort. Come see all this wonderful home has to offer!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$400,548Estimated Mortgage Balance
$49,452Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
$511/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,529
$386,560
2025
$100,000
$286,560
$386,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,529
$386,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$423,865
Yes
First
May 3, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$400,548
$49,452
10%
89%
$2,542/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,053/mo
$-353/mo
7.2%

City: Rowlett

7504 Palisades Dr | Property Details | No Agent List