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B+
NoAgentList RatingHow are grades calculated? Info

$500,000

1602 Indian Trl, Rowlett, TX, 75088

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.28 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesGas Grill, Rain Gutters
Lot Size13,413 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN440018200A0240000
Lot Number24
SubdivisionHarbor Point E
Land UseResidential
Legal DescriptionHARBOR POINTE ESTATES PH 2 BLK A LT 24 INT202500022473 DD01272025 CO-DC 0018200A02400 1CW0018200A
Census Tract018146
Assessed Land Value$180,000
Assessed Improvement Value$310,000
Assessment Year2025

About this property

Your Private Retreat Awaits in Rowlett, TX! Discover the perfect blend of casual luxury and nature-inspired living in this beautifully updated home, located on a third-acre lot backing up to a protected nature preserve and Rowlett Creek. This property is a haven for outdoor enthusiasts, with direct access to hiking trails and kayaking opportunities at Rowlett Creek, leading straight to Lake Ray Hubbard. And yet, you’re just 30 minutes from DFW Airport and only 19 miles from downtown Dallas—offering both a peaceful retreat and urban accessibility. Step inside to a freshly updated interior, featuring modern finishes and inviting spaces. The gourmet kitchen is the heart of the home, with granite countertops, stainless steel appliances, and an island with counter-height seating—ideal for casual dining or entertaining. The open-concept design flows effortlessly into the family room, where large windows provide uninterrupted views of the lush nature preserve, creating a serene backdrop for daily living. The primary suite is a true retreat, featuring an updated bathroom with a frameless glass shower, subway tile details, and spa-like ambiance. A second downstairs bedroom offers privacy for guests or extended family. Upstairs, the spacious game room with built-in cabinets provides ample room for entertainment, relaxation, or hobbies. Outside, the oversized backyard is an entertainer’s dream, complete with a pergola-covered patio perfect for summer BBQs or cozy evenings under the stars. Whether you’re hiking the nature trail, kayaking on Rowlett Creek, or simply enjoying the peaceful surroundings, this home offers a unique lifestyle that combines modern comfort with outdoor adventure.

Investor Tools

Property Icon
$490,000
Estimated Property Value
$473,646Estimated Mortgage Balance
$27,550Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,087/month
$238/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,592
$490,000
2025
$180,000
$310,000
$490,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,592
$490,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Portfolio Mortgage Corp
Fha
$473,646
Yes
First
Jan 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$462,450
$27,550
5%
94%
$2,840/mo

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.

Explore Texas Explore This Area
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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1602 Indian Trl | Property Details | No Agent List