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Rowlett 75089 Waterview
8617 Russell Drive
$561,000
● House - Off Market

8617 Russell Drive

Rowlett, TX 75089
bedrooms
6 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
3,309 Ft²
$508,294
RealtyHop Estimate
-2.25%
Since Apr 1, 2022
TX-Dallas
Primary Model

About This Property

*MULTIPLE OFFERS RECEIVED* *Please bring Highest and Best by 6pm Monday the 14th!* Welcome to your New Home in the Amazing Waterview subdivision of Rowlett. This Beautiful 2 story home features 6 bedrooms 3.5 baths with Master downstairs. Gorgeous pool with a hot tub and covered deck with built in grill. 3 Car Garage! Right across the street from Waterview Golf Course and just a quarter mile from the Community Pool, Tennis, Volleyball, Playground and Park. New roof 2017, new hvac downstairs 2017 upstairs 2018, new water heater 2017, new garage doors 2021, new paint outside 2021 inside 2022.
Unit Size
3,309 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$157
Property Type
House
Property Taxes
-
HOA Dues
$56
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #14756127)

Price History

Date / Event Date Event Price
Mar 7, 2022 Sold
Premium
Sold
Feb 10, 2022 Listed by DHS Realty $520,000
Listed by DHS Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 8
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 5
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 786
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 620
  • Total Building Area: 4,608
  • Building Area: 3,309
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,309
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERVIEW PH 14
  • Land Acres: 0000000171
  • Standard Land Use Code: 1001
  • County Land Use Code: A11
  • State Land Use Code: A11
  • Legal Description 1: WATERVIEW PH 14 BLK B LT 1 INT202200065208 DD03072022 CO-DC 0237400B00100 2CW0237400B

Neighborhood

  • School District Name: Garland Independent School District
  • School Tax School District: GARLAND ISD
  • Census Tract: 018144

Zoning

  • Zoning: Z308

Geography

  • Assessors Map Reference: 440237400B00100
  • Account Number: 440237400B00100
  • Subdivision Tract Number: 2374
  • Parcel: 44-02374-00B-001-0000
  • Block: B
  • Lot: 1
  • Municipality: ROWLETT
  • Latitude: 32.9434
  • Longitude: -96.5305

    Address

  • Full Address: 8617 Russell Dr
  • Address - House Number: 8617
  • Address - Street Name: Russell
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rowlett
  • Carrier Code: R035
  • 4-Digit Zip Code: 4842
  • Zip Code: 75089

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $838,510
  • Tax Rate Code Area: GS

    Appraisal Valuation

  • Standard Deviation: 0.2241
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 69
  • Final Value: 643,642
  • High Value: 787,933
  • Low Value: 499,351

    Market Valuation

  • Market Total Value: $597,690
  • Market Land Value: $90,000
  • Market Improvement Value: $507,690

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $597,690
  • Assessed Land Value: $90,000
  • Assessed Improvements Value: $507,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 2022
  • Current Sale Recording Date: Mar 08, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 65208
  • Previous Sale Recording Date: Feb 25, 2009
  • Previous Sale Contract Date: Feb 02, 2009
  • Previous Sale Document Type: 68
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Waterview

Stats & Trends

Median Asking:

$475,000

Sale Price/ft²

$161

Below Asking

0.03%

Average Days on Market

74

Average Home Size

2911 ft²

Average Home Age

23.8 years

Currently For Sale

36 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10302 Fairway Vista Drive, Rowlett, TX, 75089

$3,775 /mo

  • 5 Beds
  • 4 Baths
  • 3,814 ft²
10302 Fairway Vista Drive, Rowlett, TX, 75089 Listing by Michael Slaughter

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Toby Bittenbender, DHS Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14756127
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 8617 Russell Drive built and last sold?
The property at 8617 Russell Drive was built in 2006 and last sold on Mar 7, 2022 for $705,033.
How much is this home worth?
The estimated value of the home located at 8617 Russell Drive is $0.
What are some comparable homes to 8617 Russell Drive?
There are currently no comparable homes to 8617 Russell Drive.
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