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$306,000

NAL Estimated Property Value

8806 Miami Dr, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,895 Sq Ft
price_per_sqft$171.5 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Lot Size6,621 sqft

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3900-0007-0004-00-0R
Lot Number4
SubdivisionHighland Meadows #1
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #1, BLOCK 7, LOT 4
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$126,699
Assessment Year2025

About this property

Charming 4 bed, 2 bath home in Rockwall ISD! Open floor plan with eat-in kitchen, granite counter tops, newly painted cabinetry and new backsplash. Large family room with wood burning fireplace. Original garage has been enclosed to make an oversized 4th bedroom with large walk-in closet or a spacious game room, approx 300sqft, not including large closet. This home is move-in ready with all new paint, carpet, light fixtures, wood floors, remodeled bathrooms and kitchen! Attached 20x30 carport, 10x23 covered patio and a 16x10 storage shed. HVAC was replaced and upgraded to a 5 ton unit in 2020 and roof was replaced in 2018.

Investor Tools

Property Icon
$306,000
Estimated Property Value
$294,473Estimated Mortgage Balance
$11,527Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,685
$275,199
2025
$148,500
$126,699
$275,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,685
$275,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$317,149
Yes
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,473
$11,527
3%
96%
$1,902/mo

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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8806 Miami Dr | Property Details | No Agent List