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$315,000

3505 Shelley Ln, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,803 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.71 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,705 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44023050070250000
Lot Number25
SubdivisionToler Ridge
Land UseResidential
Legal DescriptionTOLER RIDGE 2 BLK 7 LOT 25 INT202500122898 DD06122025 CO-DC 0230500702500 1CW02305007
Census Tract018145
Assessed Land Value$100,000
Assessed Improvement Value$219,910
Assessment Year2025

About this property

Welcome to your new home at 3505 Shelley Lane! Nestled in the charming community of Rowlett, TX, this delightful 4-bedroom, 2-bathroom gem is ready to welcome you. Step inside to discover freshly painted walls, complemented by laminate flooring throughout the living and dining areas, giving the home a modern yet cozy feel. The halls are sleek and seamless, leading you into bedrooms boasting brand-new carpet – perfect for sinking your toes into after a long day. The heart of the home, the kitchen, is spacious and ideal for gatherings, while the large covered back patio extends your living space outdoors. Imagine enjoying your morning coffee or hosting summer BBQs in this inviting area. With plenty of room for relaxation and entertaining, this home balances comfort and style effortlessly. Whether you’re a growing family or just looking for more space, 3505 Shelley Lane is a perfect fit. Don’t miss out on this inviting opportunity – come see it today and imagine the possibilities!

Investor Tools

Property Icon
$319,910
Estimated Property Value
$200,000Estimated Mortgage Balance
$123,133Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,919 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$579/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,349
$319,910
2025
$100,000
$219,910
$319,910
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,349
$319,910

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$200,000
No
First
Jun 12, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,777
$123,133
38%
62%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,200/mo
+$2,320/mo
13.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3505 Shelley Ln | Property Details | No Agent List