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$406,250

NAL Estimated Property Value

8605 Lexington Drive, Rowlett, TX, 75089

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,329 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.51 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesConvection Oven, Dishwasher, Disposal, Gas Range, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size7,200 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44014060010100000
Lot Number10
SubdivisionLakewood Pointe
Land UseResidential
Legal DescriptionLAKEWOOD POINTE BLK 1 LT 10 INT202000344318 DD12092020 CO-DC 0140600101000 1CW01406001
Census Tract018149
Assessed Land Value$90,000
Assessed Improvement Value$316,250
Assessment Year2025

About this property

The moment you pull up to this charming 4 BR, 2BA Highland one story, you are struck by how well maintained this one owner home is. Nestled among mature trees in a quiet Rowlett neighborhood, it is close to shopping and the Pres. Geo. Bush Turnpike. The warm and inviting eat-in kitchen features quartz counter tops, SS appliances and roll out cabinet shelving. The layout and great traffic flow allows you to easily to imagine entertaining friends and family during the holidays with two living areas, two dining areas and a inviting gas log fireplace. Curl up with a book and a cup of coffee in the Master BR seating area next to the bay window. The HOA features 2 separate community pools, and playgrounds to enjoy.

Investor Tools

Property Icon
$406,250
Estimated Property Value
$240,788Estimated Mortgage Balance
$165,462Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,438 /month
Positive
Cash Flow Estimate:
$813 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$966/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,562
$406,250
2025
$90,000
$316,250
$406,250
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,562
$406,250

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Bank
Conventional
$268,850
No
First
Dec 9, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$240,788
$165,462
40%
59%
$1,612/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$1,957/mo
+$1,663/mo
10.7%

City: Rowlett

8605 Lexington Drive | Property Details | No Agent List