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$415,000

$425,000

5314 Somerset Dr, Rowlett, TX, 75089

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,778 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.39 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size9,967 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN440144000I0010000
Lot Number1
SubdivisionMariner Park Sec
Land UseResidential
Legal DescriptionMARINER PARK SEC 2 BLK I LT 1 INT201900125472 DD05142019 CO-DC 0144000I00100 1CW0144000I
Census Tract018140
Assessed Land Value$90,000
Assessed Improvement Value$328,490
Assessment Year2025

About this property

Welcome home to this beautiful corner lot near scenic Lake Ray Hubbard! This open-concept home offers 4 bedrooms, 3 full bathrooms, and a 3-car garage with a functional layout designed for both comfort and entertaining. The spacious primary suite and an additional bedroom are conveniently located downstairs. Upstairs features a versatile game room along with two additional bedrooms, offering endless possibilities for guests, work, or play. The kitchen is the heart of the home, featuring stainless steel appliances, quartz countertops, custom cabinets, an oversized island, farmhouse sink, and an open flow into the living and dining areas. Enjoy the low-maintenance backyard with full artificial turf and a covered patio perfect for outdoor gatherings or relaxing evenings. Backyard also features an 8-foot board-on-board privacy fence and electric gate for added security and convenience.. Enjoy the community pool on those hot Summer days. Conveniently located near beautiful Lake Ray Hubbard, shopping, dining, and major highways

Investor Tools

$403,005Estimated Mortgage Balance
$20,301Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,526 /month
Positive
Cash Flow Estimate:
$842 /month

Interested in this property?

Michelle Carrasco

Century 21 Mike Bowman, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
$128/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,928
$418,490
2025
$90,000
$328,490
$418,490
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,928
$418,490

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$271,892
Yes
First
May 14, 2019
Jun 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,005
$15,485
3%
96%
$2,651/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,620/mo
$2,779/mo
+$841/mo
10.3%

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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5314 Somerset Dr | Property Details | No Agent List