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$449,000

5213 Falcon Ridge Ct, Rowlett, TX, 75088

$558,380 ARVInfo
On MarketInfo
Just AddedInfo
Beds5 Beds
Baths3 Bath
Baths3,263 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.6 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringCarpet, Hardwood

Exterior

Lot Size12,110 sqft

Building Information

Year Built2012
Stories1
Garage Spaces2

Land Information

APN3658-000D-001R-00-0R
Lot Number1R
SubdivisionFalcon Ridge Addn
Land UseResidential
Legal DescriptionFALCON RIDGE ADDN, BLOCK D, LOT 1R, (REPLAT 2012)
Census Tract040301
Assessed Land Value$135,000
Assessed Improvement Value$359,524
Assessment Year2025

About this property

5 Bedrooms, 4 Bathrooms, 3,338 Sq Ft, Greenbelt & Park Next Door, Large Backyard, Primary Suite Downstairs, Near Lake Ray Hubbard Space, privacy, and location come together at 5213 Falcon Ridge Ct. in Rowlett. Built in 2012, this 5-bedroom, 4-bath home offers 3,338 square feet of living space and a unique setting with a greenbelt and open park space directly next door. With no home on one side, you’ll enjoy added breathing room, open green space, and only one immediate neighboring property. Inside, the open-concept floor plan features hardwood flooring throughout the main living areas, a dedicated study or home office, spacious living and dining areas, and a kitchen with granite countertops and a gas cooktop. The primary bedroom is located on the first floor, while upstairs provides additional bedrooms plus a large loft flex space that can serve as a game room, media area, second living room, or playroom. Out back, the large backyard offers plenty of room for entertaining, pets, play, or creating your own outdoor living space. And while this is not a lake-view property, you’re just a few blocks from Lake Ray Hubbard, putting one of Rowlett’s biggest lifestyle amenities close to home. If you’ve been searching for a large 5-bedroom home in Rowlett with a first-floor primary suite, home office, upstairs loft, large backyard, greenbelt access, and proximity to Lake Ray Hubbard, 5213 Falcon Ridge Ct. deserves a look.

Investor Tools

$217,996Estimated Mortgage Balance
$321,004Estimated Equity
58% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$558,380
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,234 /month
Positive
Cash Flow Estimate:
$1,078 /month

Interested in this property?

Kenneth Holland

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
$605/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,494
$494,524
2025
$135,000
$359,524
$494,524
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,494
$494,524

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$276,700
No
First
Aug 5, 2016
Sep 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$217,996
$313,004
58%
40%
$1,659/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,264/mo
+$1,256/mo
7.8%

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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5213 Falcon Ridge Ct | Property Details | No Agent List