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$376,000

1060 Mont Cascades Dr, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,748 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.17 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave

Exterior

Lot Size6,229 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN4956-000K-0020-00-0R
Lot Number20
SubdivisionShores North Phase 3a
Land UseResidential
Legal DescriptionSHORES NORTH PHASE 3A, BLOCK K, LOT 20
Census Tract040103
Assessed Land Value$135,000
Assessed Improvement Value$229,068
Assessment Year2025

About this property

Freshly painted interior. The spacious master suite offers dual sinks, separate glass shower, and a walk-in closet. Large eat in kitchen with gas stove, walk in pantry and a breakfast bar that opens up to the living area. Gas fireplace. Bedrooms have large closet space. Separate formal dining area. 2 car garage. Beautiful fencing. Mature trees in the front and back yard. Walking distance to the park in the shores. Peaceful neighborhood close to the elementary school.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$111,131Estimated Mortgage Balance
$287,499Estimated Equity
70% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$657/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,001
$364,068
2025
$135,000
$229,068
$364,068
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,001
$364,068

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$111,131
No
First
Sep 8, 2016
Oct 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$88,501
$287,499
76%
24%
$667/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$667/mo
+$1,643/mo
7.4%

Learn About the Market: Opportunity in Texas

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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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1060 Mont Cascades Dr | Property Details | No Agent List