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$475,000

1906 Chapel Cv, Rowlett, TX, 75088

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths3,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Private PoolPrivate Pool
Lot Size18,404 sqft

Building Information

Year Built1994
Roof Type105
Garage Spaces4

Land Information

APN440236300B0170000
Lot Number17
SubdivisionWestwood Shores
Land UseResidential
Legal DescriptionWESTWOOD SHORES PH 1 BLK B LOT 17 INT201700082191 DD03212017 CO-DC 0236300B01700 1CW0236300B
Census Tract018146
Assessed Land Value$120,000
Assessed Improvement Value$350,000
Assessment Year2026

About this property

Welcome home to this spacious lakeside community where relaxation and convenience are abundant! Situated mere minutes from picturesque Lake Ray Hubbard, this home and well-established neighborhood weave together the peacefulness of the outdoors with the proximity to Dallas and everything you need. With 3,188 square feet of living space on an oversized .422 acre lot, this home has space to spread out! From the quiet cul-de-sac, the front facade of this stately home sits atop stone walls and is framed by mature shade trees.  Inside, the grand entry is a perfect welcome into the home with a lovely flex space right at the front of the home for an office, formal sitting room, or music room. The formal dining rooms looks out over the elevated front yard and flows seamlessly into the well-appointed kitchen with a gas stove and an abundance of cabinets for all your storage needs. Enjoy the well-designed floorplan as the kitchen rounds into the second dining area and counterside stools, perfect for early morning breakfast. Flowing nicely into the main living area with a cozy fireplace, this home is ready to host the entire crew! The downstairs primary bedroom's lovely bay window overlooks the shaded front yard while the expansive primary bathroom comes with TWO closets, a walk-in shower, and soaking tub. Head upstairs to see the large gameroom with space for lounging and play. There's even enough space for a homework desk! With 3 spare bedrooms and a full bathroom, you will have all the space you need. Out back, you are ready to host the cookouts or enjoy your peace and solitude. From the covered patio and multiple pergolas to the swimming pool, hot tub, and grassy yard space, this backyard delivers endless possibilities for memory-making. Top it all off with a 3-car garage and you have space for lake toys! Schedule your showing today to make this home your next oasis.

Investor Tools

$270,862Estimated Mortgage Balance
$224,138Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,970 /month
Positive
Cash Flow Estimate:
$990 /month

Interested in this property?

Everett Johnson

Compass RE Texas, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,009/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,629
$470,000
2026
$120,000
$350,000
$470,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$9,629
$470,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Internet Bank Of Indiana
Conventional
$305,500
No
First
Dec 21, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,862
$224,138
45%
55%
$1,832/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,832/mo
+$1,688/mo
8.5%

City: Rowlett