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$440,000

7509 Glenstone St, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$150.63 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range
FlooringWood

Exterior

Private PoolPrivate Pool
Lot Size8,210 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44022270020050000
Lot Number5
SubdivisionSpringfield Sec
Land UseResidential
Legal DescriptionSPRINGFIELD SEC 3 BLK 2 LT 5 INT202200325538 DD12282022 CO-DC 0222700200500 1CW02227002
Census Tract018157
Assessed Land Value$85,000
Assessed Improvement Value$376,590
Assessment Year2025

About this property

Welcome to this beautifully maintained, updated home in Lakes of Springfield. The kitchen is an entertainer's dream with granite countertops and stainless steel appliances. There are two living areas downstairs with a formal dining room and spacious breakfast area. The master bedroom is spacious and the bathroom features an updated shower with frameless glass. There is an additional bedroom downstairs that is being used as a home office. Upstairs you will find an additional living area with two beds and a Jack and Jill bath. Out back walk into your own personal oasis with a great pool and covered patio great for get togethers. Make this gem your own!

Investor Tools

Property Icon
$461,590
Estimated Property Value
$220,000Estimated Mortgage Balance
$255,491Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,770 /month
Positive
Cash Flow Estimate:
$923 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,098/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,864
$461,590
2025
$85,000
$376,590
$461,590
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,864
$461,590

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Desoto Na
Credit Line (Revolving) / Heloc
$220,000
No
First
Dec 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$206,099
$255,491
55%
45%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$1,320/mo
+$2,300/mo
9.4%

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.

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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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7509 Glenstone St | Property Details | No Agent List