$299,000
6113 Homewood Ave, Rowlett, TX, 75089
On Market
Just Added
Property Lead Type:
BankruptcyPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
FlooringCeramic Tile, Laminate
Exterior
Lot Size8,011 sqft
Building Information
Year Built1989
Roof Type105
Garage Spaces2
Land Information
APN44022280030100000
Lot Number10
SubdivisionSpringfield Sec
Land UseResidential
Legal DescriptionSPRINGFIELD SEC 4 BLK 3 LOT 10 INT20070172946 DD05022007 CO-DC 0222800301000 1CW02228003
Census Tract018156
Assessed Land Value$70,000
Assessed Improvement Value$307,000
Assessment Year2026
About this property
Discover endless potential in this spacious 4-bedroom, 2-bath Rowlett home featuring 2,303 sq ft and two versatile living areas. Situated in a prime location between two elementary schools with no HOA, this home is ready for your personal touch and custom updates. Enjoy a functional U-shaped layout, a 2-car garage, and a large backyard complete with a storage shed. Bring your vision to revitalize this great property into your dream space or next investment. Property sold AS-IS.
Investor Tools
$60,702Estimated Mortgage Balance
$322,298Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,298 /month
Positive
Cash Flow Estimate:
$766 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$778/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,416
$377,000
2026
$70,000
$307,000
$377,000
No
Tax History
Year
Tax Paid
Assessed Value
2026
$7,416
$377,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wr Starkey Llp
Unknown
$123,745
No
First
Apr 18, 2007
Jun 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,702
$322,298
84%
16%
$742/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,600/mo
$742/mo
+$2,858/mo
11.3%
