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$1,131,702

512 Point Royal Drive, Rowlett, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths3,688 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$325.38 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Ice Maker, Microwave, Convection Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Combination, Hardwood, Tile, Wood

Exterior

Exterior FeaturesAwning(s), Balcony, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill
Lot Size19,428 sqft

Building Information

Year Built2013
Stories1
Garage Spaces4

Land Information

APN4700-000A-0025-00-0R
Lot Number25
SubdivisionPoint Royal
Land UseResidential
Legal DescriptionPOINT ROYAL, BLOCK A, LOT 25
Census Tract040301
Assessed Land Value$375,000
Assessed Improvement Value$756,702
Assessment Year2025

About this property

Gorgeous custom built one owner lakefront home with amazing views and direct lake access on Lake Ray Hubbard! Thoughtfully designed and crafted with mixed materials bring character, warmth, and luxury together in this Santa Fe style retreat. Spacious open concept floorplan with beautiful and functional flow. Vaulted accented ceilings open up the central living flanked by complimentary second living and large eat-in kitchen embraced by a wall of windows to bring in natural light and highlight the continuous views of the lake. Lives much like a single story with two bedrooms and 2 bathrooms down on separate wings of the home, two living areas and multiple dining areas all open to each other while maintaining defined space. Upstairs provides a bedroom and bathroom as well as great flex space for entertaining and a covered porch with panoramic views. Enjoy the covered outdoor living with built in kitchen grill and cozy up around the fire pit watching the sunset over the water. This is it!

Investor Tools

Property Icon
$1,131,702
Estimated Property Value
$0Estimated Mortgage Balance
$336,815Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,200 /month
Positive
Cash Flow Estimate:
$2,400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,598/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,520
$1,131,702
2025
$375,000
$756,702
$1,131,702
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,520
$1,131,702

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Oakstar Bank Na
Open End Mortgage / Open End With Future Advance Clause
$850,000
No
First
Nov 17, 2022
Nov 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$794,887
$336,815
29%
70%
$5,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$5,097/mo
$-2,787/mo
2.4%

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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512 Point Royal Drive | Property Details | No Agent List