Last 24 Hours
$1,307,000
NAL Estimated Property Value1001 Michael Gardens, Rockwall, TX, 75087
Off Market
— Beds
— Bath
5,115 Sq FtHighlights
Interior
Bedrooms —
Bathrooms —
Garage AvailableExterior
Lot Size17,729 sqft
Building Information
Year Built2022
Garage Spaces888
Land Information
APNS4622-000B-0012-00-0R
Lot Number12
SubdivisionPark Place West Ph Iii Addition
Land UseResidential Sfr Non-Waterfront
Legal DescriptionPARK PLACE WEST PH III ADDITION, BLOCK B, LOT 12
Census Tract040305
Assessed Land Value$131,250
Assessed Improvement Value$871,865
Assessment Year2025
About this property
This .337 acre lot offers tons of room to create your custom dream home in Park Place with the lovely community club house, pool, parks and walkways. Short stroll or bike ride to downtown Rockwall square, to enjoy shopping, great restaurants and a seasonal farmers market and music venue. Lawn care is included with the HOA dues which includes weekly mowing, trimming and weed control during the growing season. Just steps away from the 60 acre Harry Myers Park. For more details about the Park Place Subdivision, check out the Park Place Rockwall website. Brochure, By-Laws and Covenants are attached.
Investor Tools
$1,307,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,307,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,842 /month
Positive
Cash Flow Estimate:
$2,614 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,758/month
$150/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,566
$1,003,115
2025
$131,250
$871,865
$1,003,115
No
Tax History
Year
Tax Paid
Assessed Value
2024
$14,566
$1,003,115
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,307,000
100%
0%
$0/mo
12.4%