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$489,000

8502 Sawgrass Lane, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,541 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.44 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesGas Range, Microwave, Vented Exhaust Fan
FlooringCeramic Tile

Exterior

Lot Size13,311 sqft

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44023590II0010000
Lot Number1
SubdivisionWaterview Phase 5c
Land UseResidential
Legal DescriptionWATERVIEW PHASE 5C BLK II LT 1 INT202200158709 DD06062022 CO-DC 023590II00100 1CW023590II
Census Tract018144
Assessed Land Value$90,000
Assessed Improvement Value$417,220
Assessment Year2025

About this property

Beautiful single-story home in the Waterview community close to the golf course and water park. This 4 bedroom, 2 and a half baths has a dedicated office, a 3-car garage, and is on over a third acre lot. Recent updates, including wood-look tile flooring and kitchen improvements that create a clean, bright, and modern feel throughout the home. The well-situated floor plan offers comfortable living areas, large bedrooms, stainless steel appliances, and breakfast nook. Enjoy outdoor living with a backyard pool, covered patio space, and generous yard space, plus added security from a backup generator for emergencies, and the roof that is less than one year old. Waterview is close to Lake Ray Hubbard, parks, shopping, dining, and major area corridors. Buyers and agents should verify all measurements and information.

Investor Tools

Property Icon
$507,220
Estimated Property Value
$0Estimated Mortgage Balance
$50,203Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,043 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$730/month
$815/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,224
$507,220
2025
$90,000
$417,220
$507,220
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,224
$507,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$494,000
No
First
Jun 6, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$457,017
$50,203
9%
90%
$2,962/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$3,777/mo
$-157/mo
8.6%

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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8502 Sawgrass Lane | Property Details | No Agent List