$280,000
●
House -
Off Market
7902 Munich Drive
Rowlett, TX 75089
4 Beds
1 Bath,
1
Half Bath
2,870 Ft²
$426,798
RealtyHop Estimate
48.45%
Since Apr 1, 2020
TX-Dallas
Primary Model
About This Property
Fabulous four bedroom home located on a large corner lot in popular
Lakewood Pointe in Rowlett. Step inside to fresh paint, fresh
carpet, updated appliances and updated fixtures. Split formals
flank the entry with updated lighting. The family room offers
ample space with a gas fireplace and an open view of the kitchen
and casual dining areas. The kitchen boasts a breakfast bar and
large center island with stainless appliances. Master suite is
downstairs with 3 bedrooms upstairs with a gameroom. Lakewood
Pointe is a planned community with neighborhood pools & parks,
convenient to shopping and restaurants. Appliances, Garage
Door Opener, carpet and paint: Jan '20; Water Heater 2yrs old, Roof
Aug 2018.
Unit Size
2,870 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$100
Property Type
House
Property Taxes
-
HOA Dues
$28
Year Built
2001
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 3 years ago (NTREIS #14267013)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 26, 2023 | Sold | ||
| Sold | |||
| Mar 31, 2023 | Listed by Redfin Corporation | $440,000 | |
| Listed by Redfin Corporation | |||
| | |||
|
This stunning previous model home is situated on a spacious corner lot within Rowlett's sought-after Lakewood Pointe. Upon entering, you'll be greeted by freshly painted walls & updated fixtures throughout. The split formals on either side of the entryway feature modern lighting fixtures. Enjoy the open-concept floorplan featuring the generously sized family room with a cozy gas fireplace & backyard views. The modern kitchen boasts a crisp white cabinetry, breakfast bar, a large center island, & SS appliances. The master suite is conveniently located on the main floor, while the remaining 3 bedrooms are upstairs, plus a spacious game room with vaulted ceilings. Open patio with a huge private yard surrounded by an 8ft BOB fence. Private gated rear-entry drive with an automatic gate. Lakewood Pointe is a planned community that offers neighborhood pools, parks & more! Conveniently located near shopping & restaurants. Located in Garland ISD - your choice of schools. Move-in ready!
| |||
| Mar 20, 2020 | Sold | ||
| Sold | |||
| Jan 23, 2020 | Listed by Coldwell Banker Apex, REALTORS | $287,500 | |
| Listed by Coldwell Banker Apex, REALTORS | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Lakewood Pointe
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Listed by: Cory Dunnican, Coldwell Banker Apex, REALTORS
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14267013
Details provided by NTREIS and may not match the public record
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14267013
Details provided by NTREIS and may not match the public record
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