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$268,168

1106 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$119.14 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Basketball Court, Storage
Lot Size4,661 sqft

Building Information

Year Built1985
Stories2

Land Information

APN4967-000L-1106-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1106 BLDG L .107AC .6288% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$144,418
Assessment Year2025

About this property

This is your chance to create something special. Located in a gated community just minutes from Lake Ray Hubbard and The Harbor District, this 3-bedroom condominium offers incredible potential, beautiful sunset views, and a rare two primary suite layout—priced to allow updates and personalization. Natural light fills the open living areas, while front and rear balconies provide peaceful outdoor space, including partial lake views and stunning evening skies. The flexible floor plan offers two private primary suites, perfect for guests, roommates, or multigenerational living, plus a third bedroom ideal for a home office, studio, or creative space. Major exterior improvements are already complete, including a new roof and gutters installed in 2025, providing a strong foundation for future improvements. This home is ideal for buyers who want to customize their finishes, build equity, and enjoy lake-area living in one of Rockwall’s most desirable locations. Walk or drive minutes to waterfront dining, shopping, entertainment, and convenient I-30 access.

Investor Tools

Property Icon
$268,168
Estimated Property Value
$0Estimated Mortgage Balance
$268,168Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,609 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$147/month
$435/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$422
$268,168
2025
$123,750
$144,418
$268,168
No

Tax History

Year
Tax Paid
Assessed Value
2024
$422
$268,168

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$268,168
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$435/mo
+$1,875/mo
10.3%

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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1106 Signal Ridge Pl | Property Details | No Agent List