$473,136
NAL Estimated Property Value1029 Redwood Trail, Rockwall, TX, 75087
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood
Exterior
Lot Size11,151 sqft
Building Information
Year Built2000
Stories1
Garage Spaces2
Land Information
APN3253-000J-0014-00-0R
Lot Number14
SubdivisionCaruth Lake Phase 5
Land UseResidential
Legal DescriptionCARUTH LAKE PHASE 5, BLOCK J, LOT 14
Census Tract040202
Assessed Land Value$155,000
Assessed Improvement Value$318,136
Assessment Year2025
About this property
This home is a sanctuary that offers 4 Bedrooms with 4 full bath, making it perfect for working from home with the private office downstairs. The flow of the house invites entertainment, with two open living area and kitchen, a spacious dining room and an upstairs game room. The alley access offers a private remote controlled automatic gate as you enter the driveway and garage. The community pool, playground, trails and lake are a short walk away.
Investor Tools
$473,136
Estimated Property Value
$344,530Estimated Mortgage Balance
$128,606Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,839 /month
Positive
Cash Flow Estimate:
$946 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$755/month
$263/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,700
$473,136
2025
$155,000
$318,136
$473,136
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,700
$473,136
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$378,000
No
First
Sep 3, 2021
Oct 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$344,530
$128,606
27%
73%
$2,267/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,530/mo
+$480/mo
7.6%
