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$409,000

9209 Waters Lane, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,862 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.91 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
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

Property Icon
$656,360
Estimated Property Value
$0Estimated Mortgage Balance
$264,985Estimated Equity
100% 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

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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%

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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9209 Waters Lane | Property Details | No Agent List