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A+
NoAgentList RatingHow are grades calculated?Info
Days97Days on Market
Views1view
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$320,000

9981 Waterfront Trl, Rowlett, TX, 75087

$395,933 ARVInfo
On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,887 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$169.58 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

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

Exterior

Exterior FeaturesRain Gutters
Lot Size4,008 sqft

Building Information

Year Built1986
Stories1
Garage Spaces1

Land Information

APN5406-0021-9981-00-0R
SubdivisionHeritage On The Lake-Waterfront Carriage
Land UseResidential
Legal DescriptionHERITAGE ON THE LAKE-WATERFRONT CARRIAGE HOMES UNIT 9981 BLDG 21 .0433% OWNERSHIP OF COMMON AREA
Census Tract040301
Assessed Land Value$200,000
Assessed Improvement Value$148,808
Assessment Year2025

About this property

Discover this 3 bedroom condo tucked away in a peaceful community with some of the most amazing neighbors you'll every meet. From the moment you arrive, you'll notice the beautifully maintained grounds and welcoming serene setting. Inside, the condo offers comfortable living spaces with plenty of natural light and room to make it your own style. Step outside and enjoy breathtaking views of Lake Ray Hubbard, where sunsets paint the sky and mornings bring a sense of calm beauty. Updated bathrooms, grant counter tops in the kitchen, updated flooring on the first level. Beautiful sunroom upstairs off the master bedroom with lake views. Just steps from the lake!

Investor Tools

$0Estimated Mortgage Balance
$348,808Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$395,933
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,093 /month
Positive
Cash Flow Estimate:
$698 /month

Interested in this property?

Rita Ferris

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$198/month
$376/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$627
$348,808
2025
$200,000
$148,808
$348,808
No

Tax History

Year
Tax Paid
Assessed Value
2024
$627
$348,808

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$348,808
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$376/mo
+$1,934/mo
7.9%

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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