 It is a growing, upscale community with nearly $1.5 billion in development in the Dallas–Fort Worth metroplex, located on Lake Ray Hubbard.Rowlett derives its name from Rowlett Creek, which flows into Lake Ray Hubbard and is a major tributary of the east fork of the Trinity River.The creek in turn was named for a waterway running through the property of Daniel Rowlett who moved from Kentucky to Bonham, Texas, in 1835.