Paragon Realtors Real Estate

7406 Armstrong LaneRowlett, TX 75089Price: $550,000

  • Price: $550,000
  • Est. Mortgage of $/month
  • 0 Day on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $550,000List Price
  • 7Bedrooms
  • 4Bathrooms
  • 0.17Acreage
  • 3,172Square Feet

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Listed by Christopher Ohlig of Compass RE Texas,LLC (972-532-6336)
Welcome to this expansive 3172 SF 2 story estate, perfectly engineered for multigenerational families or savvy investors seeking an immediate, highyield income stream. Located in a prime Rowlett neighborhood near Lake Ray Hubbard with NO HOA. This fully furnished, turnkey property offers unmatched freedom and versatility. The exterior features an attached 2car garage with a large driveway, providing abundant parking space for boat, RV, and cars without restrictive neighborhood rules. The main level features a welcoming living room, 2 spacious bedrooms + 1.5 baths, making it ideal for guests or accessibility. The heart of the home is the chef's kitchen, with a massive granite island, walkin pantry, gas range, and built in cabinetry. All appliances convey with the sale, including multiple refrigerators, washer+dryer, coffee maker+more. For meals, choose between the bright casual breakfast area or host guests in the separate formal dining room. Upstairs, the layout opens into 5 bedrooms, 2 full baths, and media or game room that serves as the entertainment hub. The outdoor living space features a large fenced backyard with covered patio for entertaining family, friends +pets. The location offers convenience. Residents can walk to Twin Star Park to enjoy the playground, skate park, basketball+tennis courts. Minutes from nature trails, boating +fishing on Lake Ray Hubbard, with premier shopping +dining nearby at Firewheel Town Center and The Harbor at Rockwall. Easy access to Highway 66, George Bush Turnpike, and I30. For investors, this property operates as a highly lucrative rental asset, generating an average of $800 per month per bedroom, with all 7 bedrooms consistently and fully occupied on flexible month-to-month arrangements. With no long-term leases tying down the property, a buyer can seamlessly inherit this turnkey cash flow from day one, or easily transition the home for immediate owner-occupancy. Don't miss this rare opportunity to claim this unique home!

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Based on information submitted to North Texas Real Estate Information Services as of May 20, 2026 5:41 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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