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$545,000

5002 Petersburg Dr, Rowlett, TX, 75088

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,898 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$139.82 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size9,645 sqft

Building Information

Year Built1999
Stories2
Roof Type105
Garage Spaces2

Land Information

APN44001940030510000
Lot Number51
SubdivisionHarborview
Land UseResidential
Legal DescriptionHARBORVIEW 3 BLK 3 LOT 51 INT201600160487 DD05202016 CO-DC 0019400305100 1CW00194003
Census Tract018145
Assessed Land Value$120,000
Assessed Improvement Value$391,570
Assessment Year2025

About this property

Offering nearly 3,900 square feet of thoughtfully designed living space, this impressive five-bedroom, two-full and one-half-bath home is situated on a landscaped corner lot in Rowlett’s Harborview community. The versatile two-story layout features three spacious living areas and two dining spaces, making it ideal for everyday comfort and entertaining. The main living room is anchored by a gas-log fireplace, while the eat-in kitchen offers generous workspace with a center island, breakfast bar, built-in cabinetry, double ovens, and a walk-in pantry. The first-floor primary suite provides a relaxing retreat with a walk-in closet and ensuite bath featuring granite countertops, separate vanities, a jetted garden tub, separate shower, and body sprays. A secondary bedroom on the main level offers added flexibility for guests or a home office, while three additional bedrooms and a dedicated media room are located upstairs. Additional highlights include decorative lighting, wainscoting, multiple staircases, a loft, an oversized utility room with space for a freezer, and a rear-entry two-car garage with epoxy flooring. Outside, enjoy a private wood-fenced yard with mature landscaping, a sprinkler system, rain gutters, and exterior lighting. Harborview residents also enjoy access to a community pool and neighborhood jogging and biking paths just minutes from Lake Ray Hubbard.

Investor Tools

$171,903Estimated Mortgage Balance
$410,097Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,492 /month
Positive
Cash Flow Estimate:
$1,164 /month

Interested in this property?

Amanda Henderson

M&D Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,314/month
$207/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,855
$511,570
2025
$120,000
$391,570
$511,570
No

Tax History

Year
Tax Paid
Assessed Value
2025
$12,855
$511,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Southwest Mortgage Corp
Conventional
$220,000
No
First
May 20, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,903
$410,097
70%
30%
$1,320/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$1,527/mo
+$1,993/mo
7.3%

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.

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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