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$295,000

9214 Millwood Dr, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.14 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size6,621 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN3910-0003-0033-00-0R
Lot Number33
SubdivisionHighland Meadows #2
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #2, BLOCK 3, LOT 33
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$124,559
Assessment Year2025

About this property

Updated and ready for move in! Large tree in front greets you as you walk up to this 1 story w lrg covered porch for relaxing on weekends, as well as covered patio. Oversized brick FP w mantle & hearth will catch your eye in family area. Galley kitchen w lrg island work area, granite countertops, backsplash, appliances, including updated stove. Great condition and ready for tenant.

Investor Tools

Property Icon
$295,000
Estimated Property Value
$600,000Estimated Mortgage Balance
$0Estimated Equity
-103% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,187
$273,059
2025
$148,500
$124,559
$273,059
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,187
$273,059

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Commercial
Commercial
$600,000
No
First
May 27, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$542,686
N/A
0%
184%
$3,598/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$3,598/mo
$-898/mo
11.0%

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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9214 Millwood Dr | Property Details | No Agent List