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$395,000

9021 Lakepointe Ave, Rowlett, TX, 75088

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,540 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.51 / sqft
Year BuiltBuilt in 1989

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesElectric Cooktop, Disposal, Microwave, Refrigerator
FlooringCarpet, Luxury Vinyl Plank, Tile

Exterior

Lot Size9,235 sqft

Building Information

Year Built1989
Stories2
Garage Spaces2

Land Information

APN4245-000I-0035-00-0R
Lot Number35
SubdivisionLakeshore Park Estates
Land UseResidential Sfr Non-Waterfront
Census Tract040301
Assessed Land Value$128,700
Assessed Improvement Value$261,500
Assessment Year2025

About this property

Welcome Home! This property sits in Rockwall ISD which is in the heart of Rowlett's lake district, minutes from Lake Ray Hubbard with quick access to I-30, Highway 66 and the PGBT. Downtown Dallas is an easy run, and the shops, restaurants and hospital off Lakeview Parkway are right around the corner. Inside, seven-foot windows run throughout, pulling light deep into the floor plan. The entry opens to a generous second living area, giving you a true flex space for a game room, office or playroom without giving up the main living room. A formal dining room sits just off the kitchen, and the kitchen holds its own casual dining space, so you get both without one crowding the other. The kitchen comes complete and ready to cook in: electric cooktop with a separate built-in oven, microwave, dishwasher, refrigerator with waterline, and a dedicated pantry. A roomy utility is tucked right off the kitchen and plumbed for both gas and electric. Four bedrooms, three full baths, and closets throughout that are deeper than you expect in this vintage. Brand new carpet, fresh paint, and granite counters in the kitchen and every bathroom. Out back is where this one separates itself. The yard is genuinely massive by neighborhood standards, fully wood fenced, with an established playground and a tree swing that stay with the home. A large shed handles overflow storage, and a gated rear drive leads to an oversized detached garage with opener. If you have a boat, a trailer, a work truck or a project car, secured rear access like this is rare on these lots and you are less than five minutes from the water. Security system in place. Homes in this pocket move fast. Schedule your showing before this one is gone.

Investor Tools

$164,913Estimated Mortgage Balance
$231,087Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,376 /month
Positive
Cash Flow Estimate:
$792 /month

Interested in this property?

Casey Smith

Texcel Real Estate, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$640/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$390,200
2025
$128,700
$261,500
$390,200
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$390,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cendera Funding Inc
Fha
$181,550
Yes
First
May 29, 2013
Jun 2043

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,913
$231,087
58%
42%
$1,359/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,359/mo
+$2,161/mo
10.7%

City: Rowlett

9021 Lakepointe Ave | Property Details | No Agent List