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Owner Contacts

$349,000

9229 Grant Dr, Rowlett, TX, 75088

Off Market

3 Beds

2 Bath

1,892 Sq Ft

Single Family Residence

$184.46 / sqft

Built in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Cooling

AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave

FlooringCarpet, Laminate

Exterior

Exterior FeaturesRain Gutters, Playground, Private Yard

Lot Size8,407 sqft

Building Information

Year Built1985

Stories1

Garage Spaces2

Land Information

APN3920-000K-0001-00-0R

Lot Number1

SubdivisionHighland Meadows North #1

Land UseResidential

Legal DescriptionHIGHLAND MEADOWS NORTH #1, BLOCK K, LOT 1

Census Tract040301

Assessed Land Value$148,500

Assessed Improvement Value$207,400

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED. SELLER SETS DEADLINE FOR MONDAY, JANUARY 22, 2024 AT 12:00 NOON. Single story home on large corner lot located in coveted Rockwall ISD. Mature trees create welcoming curb appeal. Additional Dining Room space transformed to private office perfect for working at home. Luxury Vinyl Plank flooring in all common areas. Large wood burning brick Fireplace is the focal point of the living room. Perfect for relaxing on cold winter evenings. Living and Dining area are open concept for easy entertaining. The galley kitchen boasts granite countertops & stainless steel appliances. Split Bedroom Floor Plan. Primary bath with dual sinks, large vanity, huge separate walk-in shower, bath tub and walk-in closet. Neutral colors throughout the home create sense of calm. Enclosed patio with sky light adds another place to relax. Enjoy great entertaining space out back with multiple decks leading to inviting hot tub which will convey with the home.

Investor Tools

$355,900

Estimated Property Value

$332,500Estimated Mortgage Balance

$32,780Estimated Equity

7% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,135 /month

Positive

Cash Flow Estimate:

$712 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$420/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,265

$355,900

2025

$148,500

$207,400

$355,900

Tax History

Year

Tax Paid

Assessed Value

2024

$3,265

$355,900

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$332,500

First

Oct 10, 2024

Nov 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$323,120

$32,780

91%

$1,994/mo

Learn About the Market: Opportunity in Texas

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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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