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$311,444

9321 Shipman St, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,892 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.44 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile

Exterior

Lot Size7,187 sqft

Building Information

Year Built2003
Stories1
Garage Spaces3

Land Information

APN3930-000N-0027-00-0R
Lot Number27
SubdivisionHighland Meadows North #2
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS NORTH #2, BLOCK N, LOT 27
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$162,944
Assessment Year2025

About this property

Updated and ready to go! Great house with 2 living areas plus a sunroom. Updates include luxury vinyl, granite, paint, plumbing fixtures and more! Nice eat in kitchen with electric smoothtop cooktop, dishwasher & built-in microwave and granite. Nice large living area with wood burning brick fireplace! Beautiful sunroom overlooking an open patio and backyard! Nice master with full bath and walk in closet. Nice sized secondary bedrooms and bath! All baths have granite as well.Don't miss this one, it won't last long! Roof is being replaced!

Investor Tools

Property Icon
$311,444
Estimated Property Value
$315,250Estimated Mortgage Balance
$13,536Estimated Equity
-1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,889 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$391/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,132
$311,444
2025
$148,500
$162,944
$311,444
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,132
$311,444

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$315,250
No
First
May 15, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,908
$13,536
4%
96%
$1,891/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,891/mo
+$809/mo
10.4%

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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9321 Shipman St | Property Details | No Agent List