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$278,000

NAL Estimated Property Value

8809 Vernon Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,700 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.29 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size6,621 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3900-0007-0056-00-0R
Lot Number56
SubdivisionHighland Meadows #1
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #1, BLOCK 7, LOT 56
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$127,094
Assessment Year2025

About this property

Welcome Home to this well maintained and updated 3 bed 2 bath home. Prime Location minutes away from major hwys for an easy commute, and tons of restaurants, schools, and major shopping close by! Generous size bedrooms with recently updated carpet, windows, Fresh paint throughout, wood floors, with an open floor plan. Full size walk in wash room, 2 car garage, and Rockwall ISD! All appliances are included for an easy transition and a huge bonus with the water and trash bill included in the rent! The only bill you have to worry about is Electric, so come check out this move in ready gorgeous home today!

Investor Tools

Property Icon
$278,000
Estimated Property Value
$83,549Estimated Mortgage Balance
$194,451Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,668 /month
Positive
Cash Flow Estimate:
$556 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$435/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,831
$275,594
2025
$148,500
$127,094
$275,594
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,831
$275,594

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Fha
$119,298
Yes
First
Apr 24, 2013
May 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$83,549
$194,451
69%
30%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
N/A
+$2,700/mo
11.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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8809 Vernon Dr | Property Details | No Agent List