$656,360
NAL Estimated Property Value9209 Waters Lane, Rowlett, TX, 75089
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesConvection Oven, Dishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size12,366 sqft
Building Information
Year Built2016
Stories1
Roof Type105
Garage Spaces2
Land Information
APN448015800D0210000
Lot Number21
SubdivisionWaters Edge
Land UseResidential
Legal DescriptionWATERS EDGE PH 2 BLK D LT 21 INT202100207596 DD07092021 CO-DC 8015800D02100 1CW8015800D
Census Tract018144
Assessed Land Value$150,000
Assessed Improvement Value$506,360
Assessment Year2025
About this property
INVESTORS AND FUTURE OWNER OCCUPIED. WELCOME Gorgeous home with 3 bedrooms 2 full & 2 half baths with 3 car garages, game room, media, formal dining & study. Brick & stone exterior. Luxury kitchen with double oven, gas stove top & stainless appliances including Fridge. Luxury master bath, wrought iron spindled stairs. ORB fixtures throughout. Energy Star Certified! Current lease expire on Aug 31 2021 and monthly rent is 2695
Investor Tools
$656,360
Estimated Property Value
$391,375Estimated Mortgage Balance
$264,985Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,938 /month
Positive
Cash Flow Estimate:
$1,313 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,048/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,292
$656,360
2025
$150,000
$506,360
$656,360
No
Tax History
Year
Tax Paid
Assessed Value
2024
$9,292
$656,360
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$424,600
No
First
Mar 11, 2022
Apr 2042
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,375
$264,985
40%
60%
$2,546/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$2,546/mo
+$224/mo
5.1%
