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$450,000

9001 Shipman Street, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.56 / sqft
Year BuiltBuilt in 2019

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,187 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN3930-000L-0019-00-0R
Lot Number19
SubdivisionHighland Meadows North #2
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS NORTH #2, BLOCK L, LOT 19
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$393,183
Assessment Year2025

About this property

Immaculate 4 bedroom, 3 bath home in Rockwall ISD!! This is the one you've been waiting for... an amazing custom home that perfectly blends style and function. The kitchen of your dreams complete with custom cabinets, a massive island, beautiful countertops, and a pot filler!! Utility room with lots of cabinets, a sink, and room for another refrigerator. Master Bedroom features a luxurious bath and a large walk in closet with built-ins. The 4th bedroom has it's own private bath. The garage has 10' ceilings and an 8' garage door that can accommodate taller vehicles. The house is stunning and the layout is perfect... don't wait!!

Investor Tools

Property Icon
$541,683
Estimated Property Value
$0Estimated Mortgage Balance
$153,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,250 /month
Positive
Cash Flow Estimate:
$1,083 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$740/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,174
$541,683
2025
$148,500
$393,183
$541,683
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,174
$541,683

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Next Door Lending Llc
Conventional
$418,000
No
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$388,113
$153,570
28%
72%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,507/mo
+$1,013/mo
7.8%

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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9001 Shipman Street | Property Details | No Agent List