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$295,000

NAL Estimated Property Value

7521 Rice Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,454 Sq Ft
price_per_sqft$206.26 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,215 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440012900H0270000
Lot Number27
SubdivisionCollege Park
Land UseResidential
Legal DescriptionCOLLEGE PARK 2 BLK H LOT 27 INT202400227145 DD11072024 CO-DC 0012900H02700 1CW0012900H
Census Tract018135
Assessed Land Value$65,000
Assessed Improvement Value$230,000
Assessment Year2025

About this property

Nestled in a serene and friendly neighborhood, this charming home boasts a classic red brick facade that exudes timeless elegance. Stepping inside, you'll be greeted by wood laminate floors that seamlessly flow throughout the main living areas, offering both durability and style. The bright white interior trim and doors create a crisp, clean aesthetic, enhancing the home's airy ambiance. The vaulted ceilings in the living area add a sense of grandeur, complemented by accent windows that flood the space with natural light. At the heart of the home, the cove style eat-in kitchen invites culinary creativity, perfectly designed for both casual meals and entertaining. Outside, a spacious sweeping backyard awaits, providing an ideal setting for relaxation, gardening, or family gatherings. This home effortlessly combines warmth, comfort, and modern living, making it a perfect haven for its future residents.

Investor Tools

Property Icon
$295,000
Estimated Property Value
$267,663Estimated Mortgage Balance
$27,337Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$515/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,705
$295,000
2025
$65,000
$230,000
$295,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,705
$295,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$275,000
No
First
Nov 7, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,663
$27,337
9%
91%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,649/mo
+$1,051/mo
11.0%

City: Rowlett

7521 Rice Dr | Property Details | No Agent List