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$219,000

$229,000

8813 Deerwood Dr, Rowlett, TX, 75088

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,647 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.97 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

BankruptcyDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesNone

Exterior

Lot Size7,971 sqft

Building Information

Year Built1985
Stories1
Garage Spaces1

Land Information

APN5330-0001-0019-00-0R
Lot Number19
SubdivisionWoodlake
Land UseResidential
Legal DescriptionWOODLAKE, BLOCK 1, LOT 19
Census Tract040301
Assessed Land Value$129,600
Assessed Improvement Value$132,257
Assessment Year2025

About this property

Located in the established Woodlake community and zoned to highly regarded Rockwall Independent School District schools, this value-packed Rowlett opportunity is already on its way to transformation. Rehab and cleanup have begun, making this the perfect chance for buyers, investors, or renovators to step in and finish the vision. This 3 bedroom, 2 bath home offers approximately 1,647 square feet with a functional layout, generous living spaces, and strong potential to create a modern showpiece. Whether you’re looking for your next home with instant equity potential or a smart investment opportunity, the upside here is hard to ignore. Comparable renovated homes in the area are reaching into the $300Ks+, creating an exciting opportunity for customization and value growth. The home features solid bones, a desirable floor plan, and a spacious lot ready for enhanced curb appeal and contemporary finishes. Conveniently located near major highways, shopping, dining, and commuting routes, this property combines location, potential, and opportunity in one package. Bring your ideas and unlock the possibilities at 8813 Deerwood Dr.

Investor Tools

$179,481Estimated Mortgage Balance
$82,899Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,571 /month
Positive
Cash Flow Estimate:
$524 /month

Interested in this property?

Jeff Richardson

All City

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$419/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,722
$261,857
2025
$129,600
$132,257
$261,857
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,722
$261,857

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mustang Credit Solutions Llc
Unknown
$180,000
No
First
Apr 29, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,481
$92,519
34%
69%
$1,080/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,080/mo
+$1,620/mo
12.4%

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.

Explore Texas Explore This Area
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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