4 Bed / 2 Bath
Approx. 1,644 Sq Ft
Single-Story | Full Brick | 0.33 Acre Lot
Built 1985 | Vacant Home | Pool w/ New Pump
Clean Rowlett investment opportunity in an established residential pocket near Lake Ray Hubbard. This is a straightforward light-rehab play with ARV support, rental demand, and multiple exit options: flip, rental, buy-and-hold, or creative structure.
Property Highlights:
✅ Full brick single-story home
✅ 4 bed / 2 bath layout
✅ Approx. 1,644 sq ft
✅ Large 0.33-acre lot
✅ Vacant and ready to go
✅ Pool with new pump
✅ Built in 1985
✅ Strong rental support: approx. $2,200–$2,875/mo
✅ No HOA identified
✅ No 2nd mortgage identified
✅ Quiet suburban Rowlett neighborhood
✅ Near Lake Ray Hubbard, parks, groceries, hospital, and major DFW access
Location Highlights:
📍 Near Lake Ray Hubbard with parks and outdoor recreation nearby
🏥 Baylor Scott & White Medical Center – Lake Pointe is approx. 5–10 minutes away
🛒 Multiple grocery options nearby, including Tom Thumb, Walmart, Sprouts, Kroger, and ALDI
🌳 Nearby parks include Kids Kingdom, Lakeside Park, and Pecan Grove Park
✈️ Approx. 17 miles to Dallas Love Field and approx. 27.5 miles to DFW International Airport
🏘️ Rowlett is a growing, family-friendly suburban market with strong local demand
This is a clean investor play with an estimated rehab scope of roughly $15K to $30K, depending on finish level and exit strategy.
💰 Asking Price: $240,000
📈 ARV: $315K to $340K
🏠 Rental Comps: Approx. $2,200 to $2,875/mo
Recent ARV support shows sold comps up to $340K+, with nearby as-is sales supporting the current opportunity.
Title / Closing Notes:
Pre-title review shows no second mortgage, no IRS lien, no state tax lien, and no HOA lien identified in the public-record summary. Buyer should still verify all title, payoff, tax, and municipal items through their title company before closing.
Known closing items to verify through title include the current mortgage payoff, one judgment item, and small municipal lien balances. Full documentation can be shared with serious buyers after initial proof of funds and offer review.
Terms:
Sold AS-IS
Buyer pays all closing costs
Non-refundable EMD required
0-day DD
Sight-unseen offers get first priority
Agents responsible for their own commission
Wholesalers: We do not sign JVs with middlemen or daisy chainers. If you have a real buyer, add your fee on top and send it over.
📩 Review the numbers, run your comps, and send your strongest offer.
Full address, photos, and deal package released to serious buyers only.
Text or call: (888) 379-6263
