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B+
NoAgentList RatingHow are grades calculated?Info

$165,148

NAL Estimated Property Value

1003 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths824 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$208.74 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Lot Size2,439 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN4966-000F-1003-00-0R
SubdivisionSignal Ridge #2a 2b
Land UseResidential
Legal DescriptionSIGNAL RIDGE #2-A U 1003 BLDG F .056 AC .3284% OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$41,398
Assessment Year2025

About this property

This beautiful condo is calling your name! It is a downstairs unit featuring 2 separate patios. All new kitchen appliances as well as updated granite countertops in kitchen. Living room features a beautiful wood-burning fireplace and an open floor plan into dining area and kitchen. Large bedroom with sliding glass door to access front patio. Bathroom features double sinks and stacked washer and dryer closet. Huge walk-in closet! All appliances convey! This condo comes with 2 assigned parking spaces. This community has multiple pools as well as a community clubhouse, and steps down to Lake Ray Hubbard. Within walking distance to The Harbor which features excellent restaurants and shopping. Close to I-30, hospitals and more.

Investor Tools

Property Icon
$165,148
Estimated Property Value
$129,358Estimated Mortgage Balance
$35,790Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,032 /month
Positive
Cash Flow Estimate:
$344 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$262/month
$189/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,323
$165,148
2025
$123,750
$41,398
$165,148
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,323
$165,148

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Devlin Inc
Conventional
$137,600
No
First
Feb 10, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,358
$35,790
21%
78%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,014/mo
+$536/mo
11.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Rockwall

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1003 Signal Ridge Pl | Property Details | No Agent List