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$387,010

NAL Estimated Property Value

8822 Miami Dr, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,151 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.16 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Cooktop
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard
Lot Size6,621 sqft

Building Information

Year Built2006
Stories1
Roof Type105

Land Information

APN3900-0007-0008-00-0R
Lot Number8
SubdivisionHighland Meadows #1
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #1, BLOCK 7, LOT 8
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$238,510
Assessment Year2025

About this property

ASK ABOUT LEASE TO OWN. Welcome to this freshly updated home in Rockwall ISD! Fresh interior and exterior paint, all new flooring, recessed lighting, updated kitchen and bathrooms, new fixtures, a new water heater, new HVAC system, and more! As you walk in, you’re greeted by a flexible front space that can easily be an office, playroom, or cozy sitting area. The open family room is perfect for gathering with friends and features a wood-burning fireplace for those cozy nights. The kitchen shines with new quartz countertops, new appliances, and a large window overlooking the covered patio.The garage was converted into a 4th bedroom, it would also make a great game room or workout room — use it however fits your lifestyle! Outside, enjoy relaxing under the covered patio and cooling off in your in-ground pool, all with the privacy of an 8-ft fence. Great location with quick access to Hwy 66 and I-30, close to shopping, dining, and entertainment. Just minutes from Shorewood Park and beautiful Lake Ray Hubbard for boating, fishing, trails, and weekend fun!

Investor Tools

Property Icon
$387,010
Estimated Property Value
$150,097Estimated Mortgage Balance
$236,913Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,322 /month
Positive
Cash Flow Estimate:
$774 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$474/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,752
$387,010
2025
$148,500
$238,510
$387,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,752
$387,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$190,000
No
First
Jun 8, 2016
Jul 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,097
$236,913
61%
39%
$1,140/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,140/mo
+$1,560/mo
8.4%

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.

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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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8822 Miami Dr | Property Details | No Agent List