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B+
NoAgentList RatingHow are grades calculated? Info

$424,990

7509 Colfax Dr, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,650 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.57 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Microwave
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Entrance, Private Yard, Storage
Lot Size7,444 sqft

Building Information

Year Built1993
Stories2
Roof Type105
Garage Spaces4

Land Information

APN440164300E0150000
Lot Number15
SubdivisionPrinceton Pointe Ph 1a Rep
Land UseResidential
Legal DescriptionPRINCETON POINTE PH 1A REP BLK E LT 15 INT202300114176 DD06092023 CO-DC 0164300E01500 1CW0164300E
Census Tract018149
Assessed Land Value$90,000
Assessed Improvement Value$334,990
Assessment Year2025

About this property

Daily joy as you observe people laughing & smiling walking their pets on any given day! This Large property offers a Year-round In-ground pool w.heated spa tub that beckons you to indulge in a relaxing soak. No more worrying how to spend the summer & winter breaks, as this house is the ultimate destination. Perfect house for any holiday as that roundabout plan fosters togetherness & ample space. Kitchen facilitates multiple people to work together seamlessly. Granite & easy-to-clean renovated finishes make for a stress-free quick move-in. The lower level offers a flexible closed-door space that can function as an office-media-second living room-or even as a bedroom if you add dresser. The backyard is enclosed w.the garage opening up to a carport & isolated hang-out hobby room. The sizable owners upstairs suite is ideal for accommodating big furniture or dividing it into multiple areas within the bedroom. Located five streets from Lakeway Pkwy & minutes away from George Bush HWY

Investor Tools

Property Icon
$424,990
Estimated Property Value
$427,121Estimated Mortgage Balance
$20,674Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,011/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,003
$424,990
2025
$90,000
$334,990
$424,990
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,003
$424,990

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$427,121
Yes
First
Jun 9, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$404,316
$20,674
4%
95%
$2,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$2,561/mo
+$1,059/mo
10.2%

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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7509 Colfax Dr | Property Details | No Agent List