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$299,000

NAL Estimated Property Value

7601 Munich Dr, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,221 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$257.99 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Tile

Exterior

Lot Size8,176 sqft

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44001310040160000
Lot Number16
SubdivisionCountry Aire
Land UseResidential
Legal DescriptionCOUNTRY AIRE ESTATES SEC 2 BLK 4 LT 16 INT202400138271 DD07092024 CO-DC 0013100401600 1CW00131004
Census Tract018149
Assessed Land Value$65,000
Assessed Improvement Value$224,570
Assessment Year2025

About this property

Welcome to your dream home on a spacious corner lot! Garland ISD allows choice of school at all levels! NO HOA!! Boasting 3 bedrooms, 2 bathrooms, and a host of desirable features. Features include open concept living with vaulted ceilings in the living room, gas fireplace, granite countertops, 8x10 shed. The expansive corner lot with covered back porch offers endless possibilities for outdoor enjoyment, from gardening and play to entertaining and relaxation. Conveniently located near I-30 and George Bush Turnpike, this home offers easy access to Metroplex, shopping, dining, entertainment, and top-rated schools. Plus, with DART nearby, commuting to work or exploring the surrounding area is a breeze. Fresh paint, new front door, popcorn ceiling removed, fresh landscaping in May 2024 and sellers offering concessions for flooring. This home is move-in ready and waiting for you to make it your own.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$311,106Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,434
$289,570
2025
$65,000
$224,570
$289,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,434
$289,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Fha
$309,294
Yes
First
Jul 9, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,106
N/A
0%
104%
$1,930/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,930/mo
+$840/mo
11.1%

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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7601 Munich Dr | Property Details | No Agent List