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$599,900

9204 Merritt Rd, Rowlett, TX, 75089

$779,870 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,833 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$156.51 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile

Exterior

Lot Size4.76 acres

Building Information

Year Built1986
Roof Type105
Garage Spaces4

Land Information

APN65022979910370000
SubdivisionR Copeland Survey Abstract #229
Land UseResidential
Legal DescriptionRICHARD COPELAND ABST 229 PG 799 TR 37 ACS 4.7640 CALC INT202300244334 DD12012023 CO-DC 0229799103700 1CW02297991
Census Tract018143
Assessed Land Value$400,180
Assessed Improvement Value$273,320
Assessment Year2025

About this property

Nestled on 4.8 acres near George Bush in the Heart of North Rowlett, this home offers an exciting opportunity for those with vision & passion for renovation. While in need of significant updating, this home boasts immense potential. Home sets back from the road ensuring privacy & tranquility. The lot offers endless possibilities for outdoor recreation. Kitchen offers a spacious footprint for your culinary dreams. With the right renovations, this space will become the heart of the home complete with island & an open flow to adjacent family room. Bedrooms are oversized, providing ample space. The bathrooms, like most of the home, need updating, but their size means that they can be transformed into stunning retreats. Whether you dream of creating a lush garden, building a pool or designing a tranquil oasis, the outdoor space can accommodate it all.The home's proximity to Dallas means that you can enjoy the best of both worlds:peaceful serenity of rural living & opportunities of the city.

Investor Tools

Property Icon
$691,000
Estimated Property Value
$420,000Estimated Mortgage Balance
$289,393Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$779,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,146 /month
Positive
Cash Flow Estimate:
$1,382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,529/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,897
$673,500
2025
$400,180
$273,320
$673,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,897
$673,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$420,000
No
First
Dec 1, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$402,271
$288,729
41%
58%
$2,519/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$2,519/mo
+$1,101/mo
6.3%

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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9204 Merritt Rd | Property Details | No Agent List