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$415,000

7513 Caribbean Dr, Rowlett, TX, 75088

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths3,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.5 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Range, Gas Water Heater, Microwave, Refrigerator, Washer
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size8,910 sqft

Building Information

Year Built1992
Stories2
Roof Type105
Garage Spaces2

Land Information

APN440162200E0140000
Lot Number14
SubdivisionPeninsula Ph C Rep
Land UseResidential
Legal DescriptionPENINSULA 4 PH C REP BLK E LOT 14 VOL92252/0484 EX121492 CO-DALLAS 0162200E01400 3440162200E
Census Tract018134
Assessed Land Value$80,000
Assessed Improvement Value$433,780
Assessment Year2025

About this property

Located minutes from Lake Ray Hubbard, this spacious home offers flexible living areas, warm natural light, and everyday comforts in a location that keeps recreation, shopping, & commuter routes within easy reach. Mature landscaping, a towering magnolia tree, arched windows, and a stately brick exterior set the tone from the moment you arrive. Inside, soaring ceilings, graceful arched openings, plantation shutters, and wood flooring create a welcoming space to gather, work, relax, and recharge. The formal dining room offers a polished setting for dinner parties, holidays, or everyday meals with a little extra style, while a versatile den with built-ins creates a quiet space for a home office, reading, or hobbies. The family room is anchored by a gas-log fireplace and flows easily into the kitchen and breakfast area, making daily living and casual entertaining feel natural. The kitchen offers granite countertops, white cabinetry, subway tile backsplash, an island with bar seating, a gas range, refrigerator, and a built-in desk area to help keep routines organized. The downstairs owner’s suite provides a private retreat with vaulted ceilings, a spacious bath, and a closet with built-in shelving. Upstairs, a large gameroom gives you a second living area with room for movie nights, games, or a relaxed hangout space. Step outside to enjoy an open patio, expansive backyard, fruit trees, raised garden beds, & a board-on-board cedar fence with metal posts. Refrigerator, washer, and dryer stay. Both HVAC's replaced in 2023 - Flooring updated in 2016. Close to Lake Ray Hubbard, I-30, and PGBT-190, this home offers the best of neighborhood comfort, outdoor recreation, and commuter convenience — with Paddle Point Park minutes away for kayaking and canoeing, plus easy access to Firewheel Town Center and Rockwall’s downtown dining, shopping, and entertainment. Check out the 3D tour then schedule a private showing and see how easily this Rowlett home fits the way you want to live.

Investor Tools

Property Icon
$513,780
Estimated Property Value
$0Estimated Mortgage Balance
$513,780Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,083 /month
Positive
Cash Flow Estimate:
$1,028 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$360/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,753
$513,780
2025
$80,000
$433,780
$513,780
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,753
$513,780

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$513,780
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,520/mo
N/A
+$3,520/mo
8.2%

Learn About the Market: Opportunity in Texas

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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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