Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated? Info
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$290,000

9422 Shipman St, Rowlett, TX, 75088

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,544 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.82 / sqft
Year BuiltBuilt in 1985

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, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size6,621 sqft

Building Information

Year Built1985
Stories1
Garage Spaces2

Land Information

APN3930-000J-0016-00-0R
Lot Number16
SubdivisionHighland Meadows North #2
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS NORTH #2, BLOCK J, LOT 16
Census Tract040301
Assessed Land Value$148,500
Assessed Improvement Value$132,097
Assessment Year2025

About this property

Really nice family home in great location! Updated kitchen and baths, comfortable living area with fireplace, large dining area opens to the kitchen and living area. Kitchen has newer cabinets, ample counter space, corian counters, island with storage and a window seat. Bedrooms are carpeted, wood flooring in living, dining, kitchen and hallway, ceramic tile in baths. Priced below market to allow for cosmetic changes, seller does not want to make any repairs and priced accordingly. Large backyard with separate fenced area which has been a garden for years.

Investor Tools

Property Icon
$280,597
Estimated Property Value
$275,990Estimated Mortgage Balance
$11,550Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$159/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$508
$280,597
2025
$148,500
$132,097
$280,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$508
$280,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$275,990
Yes
First
Dec 18, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,047
$11,550
4%
96%
$1,655/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,700/mo
$1,655/mo
+$1,045/mo
11.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

9422 Shipman St | Property Details | No Agent List