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$359,900

5301 Fairmont Court, Rowlett, TX, 75088

$467,870 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,015 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.37 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size12,894 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN3658-000B-003R-00-0R
Lot Number3R
SubdivisionFalcon Ridge Addn
Land UseResidential
Legal DescriptionFALCON RIDGE ADDN, BLOCK B, LOT 3R, (REPLAT 2012)
Census Tract040301
Assessed Land Value$135,000
Assessed Improvement Value$346,558
Assessment Year2025

About this property

Beautiful Home w-3 bedrms down & 2 up in sought after Falcon Ridge. Minutes away from G.Bush Turnpike & I-30. Amazing location w-cose proximity to Lake Ray Hubbard & future development of Sapphire Bay w-Crystal Lagoon. Upon entering you will be impressed w-high ceilings & lots of light; This house has it all: spacious Fam. Rm w-breathtaking stone fireplace; Kitchen w-custom cabinets, commercial grade range, breakf.bar&huge eating area. A must see secluded Master Bdrm w-sitting area&spa like bath is a true retreat. Upstairs features two secondary bedrms, Gamerm&unfinished attic that can be converted to media or exercise rm. Third of an acre Backyard to entertain your friends&family. Highly acclaimed Rockwall ISD

Investor Tools

Property Icon
$481,558
Estimated Property Value
$0Estimated Mortgage Balance
$173,447Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$467,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,889 /month
Positive
Cash Flow Estimate:
$963 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$668/month
$600/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,603
$481,558
2025
$135,000
$346,558
$481,558
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,603
$481,558

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Fha
$353,380
Yes
First
Nov 12, 2019
Dec 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$308,111
$173,447
36%
64%
$2,119/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
$2,719/mo
+$801/mo
8.8%

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.

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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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5301 Fairmont Court | Property Details | No Agent List