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$289,370

NAL Estimated Property Value

5617 Oak Ln, Rowlett, TX, 75089

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,443 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.51 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size7,535 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces2

Land Information

APN44006600130180000
Lot Number18
SubdivisionKenwood Heights
Land UseResidential
Legal DescriptionKENWOOD HEIGHTS 3 BLK 13 LT 18 INT202400263975 DD12272024 CO-DC 0066001301800 1CW00660013
Census Tract018156
Assessed Land Value$65,000
Assessed Improvement Value$224,370
Assessment Year2025

About this property

*MULTIPLE OFFERS RECEIVED* Welcome to this beautifully updated home featuring an open floor plan and spacious bedrooms, perfect for both relaxation and entertaining. The main living area boasts a charming brick wood-burning fireplace and sleek laminate flooring, adding warmth and durability throughout. The oversized garage offers ample storage space for all your tools and equipment. Step outside to a large patio and backyard, ideal for outdoor activities or simply unwinding at the end of the day. With alley access and a double gate, you can easily park your boat, work truck, or extra vehicles. This home combines style, functionality, and space in one perfect package! Key updates include a Roof in 2020, foundation repair with a lifetime warranty in 2019, Windows from 2021 to 2023, a AC compressor in 2021, LED recessed lighting in the living room in 2021, and most interior doors replaced in 2023. Conveniently located near major interstates, shopping, restaurants, and Lake Ray Hubbard.

Investor Tools

Property Icon
$289,370
Estimated Property Value
$283,803Estimated Mortgage Balance
$5,567Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,736 /month
Positive
Cash Flow Estimate:
$579 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,461
$289,370
2025
$65,000
$224,370
$289,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,461
$289,370

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Va
$291,127
Yes
First
Dec 27, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$283,803
$5,567
1%
98%
$1,746/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,770/mo
$1,746/mo
+$1,024/mo
11.5%

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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5617 Oak Ln | Property Details | No Agent List