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$509,000

NAL Estimated Property Value

1301 Camelot Ln, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,674 Sq Ft
price_per_sqft$205.45 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Double Oven
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBalcony
Lot Size9,360 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44022820520180000
Lot Number18
SubdivisionToler Bay
Land UseResidential
Legal DescriptionTOLER BAY 2 BLK B LOT 18 INT202500091655 DD05022025 CO-DC 0228205201800 1CW02282052
Census Tract018145
Assessed Land Value$120,000
Assessed Improvement Value$344,490
Assessment Year2025

About this property

Welcome to the sought-after Toler Bay community, a beautifully restored and fully updated home offering 4 bedrooms and 3 bathrooms. Located just steps from Lake Ray Hubbard, this property boasts a peekaboo lake view from the back balcony, creating a serene and picturesque setting. This home has undergone extensive renovations and upgrades totaling over $300,000, blending modern comfort with timeless style. Key Features: • HVAC System (2020): Lennox smart system with a new air conditioner, furnace, coil, and thermostat (warranty until 2030). • Windows (2021): 21 energy-efficient double-pane, double-hung windows, enhancing natural light and reducing energy costs. • Flooring & Interior (2021): Hand-scraped hardwood floors throughout the bottom floor, custom soft-close cabinetry, and updated bathrooms with modern fixtures. • Kitchen (2021): Fully updated with new granite countertops, a glass tile backsplash, and a reconfigured pantry. • Roof & Exterior (2024): New roof and gutters, plus fresh exterior paint and trim for a modern, polished look. • Backyard & Pool Renovations (2024): New pool deck with reinforced concrete, updated drainage, and sealant. Pool & spa fully renovated with dark quartz Diamond Brite plaster, rebar & epoxy stabilization, and new tile. New Pentair pool equipment – 400,000 BTU heater, logic automation system, and LED color lighting. • Fence & Retaining Wall (2024): New 6-ft wooden fence with three gates, plus a stone retaining wall for added support. • Sunroom: Air-conditioned 138 sqft space attached to the living room, offering additional functional space. This home combines luxury, functionality, and energy efficiency, offering a move-in-ready opportunity in one of the most sought-after neighborhoods near Lake Ray Hubbard. Don’t miss the chance to make this exquisite property your dream home!

Investor Tools

Property Icon
$509,000
Estimated Property Value
$450,917Estimated Mortgage Balance
$58,083Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,296 /month
Positive
Cash Flow Estimate:
$1,099 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$830/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,421
$464,490
2025
$120,000
$344,490
$464,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,421
$464,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$459,000
No
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$450,917
$58,083
11%
89%
$2,752/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,752/mo
+$768/mo
8.3%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rowlett

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1301 Camelot Ln | Property Details | No Agent List