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$325,000

3421 Locust St, Rowlett, TX, 75089

$342,195 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.48 / sqft
Year BuiltBuilt in 1986

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
AppliancesGas Cooktop

Exterior

Lot Size8,535 sqft

Building Information

Year Built1986
Roof Type105
Garage Spaces1

Land Information

APN44001580010110000
Lot Number11
SubdivisionFlower Hill
Land UseResidential
Legal DescriptionFLOWER HILL 4 BLK 1 LOT 11 VOL94069/3885 DD040894 CO-DALLAS 0015800101100 34400158001
Census Tract018140
Assessed Land Value$65,000
Assessed Improvement Value$351,680
Assessment Year2026

About this property

Calling all visionaries, DIY enthusiasts, and buyers who can see beyond today’s finishes to tomorrow’s possibilities! This 4-bedroom, 2.5-bath diamond in the rough is ready for someone with a little creativity, a little elbow grease, and a whole lot of imagination! Nestled in an established Rowlett neighborhood, this home offers the opportunity to transform a solid foundation into something truly special. Whether your vision includes modern updates, a complete style refresh, or simply bringing new life to well-loved spaces, the potential is yours to unlock. And let’s talk LOCATION! Enjoy the character of an established community, access to Garland ISD’s Choice of School program, and convenient proximity to the President George Bush Turnpike (GBT), making commutes, shopping, dining, and everyday adventures that much easier. This isn’t a home pretending to be perfect. It’s a home offering POSSIBILITIES! Bring your Pinterest boards, your contractor, and your imagination. The next chapter of this home’s story is waiting to be written. Good bones. Great potential. Your vision. Sometimes the best homes aren’t the ones that are already finished, but the ones you get to make your own!

Investor Tools

$94,025Estimated Mortgage Balance
$322,655Estimated Equity
77% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$342,195
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,500 /month
Positive
Cash Flow Estimate:
$833 /month

Interested in this property?

Jennifer Vokolek

RE/MAX DFW Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,679
$416,680
2026
$65,000
$351,680
$416,680
No

Tax History

Year
Tax Paid
Assessed Value
2026
$1,679
$416,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Stand Alone First / Home Equity First Lien
$120,000
No
First
Aug 16, 2016
Sep 2031

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$94,025
$322,655
77%
23%
$720/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,600/mo
$720/mo
+$2,880/mo
10.4%

City: Rowlett

3421 Locust St | Property Details | No Agent List