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$259,599

NAL Estimated Property Value

1124 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,578 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.39 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Indoor Grill, Refrigerator

Exterior

Lot Size4,661 sqft

Building Information

Year Built1985
Stories1

Land Information

APN4967-000N-1124-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1124 BLDG N .107AC .6288% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$135,849
Assessment Year2025

About this property

Welcome to our fully furnished lake view condo available for rent! This stunning property offers 3 Bedrooms and 2 Bathrooms a perfect blend of luxury, comfort, and breathtaking views. With floor-to-ceiling windows, the open and spacious living area provides panoramic views of the serene lake. The tastefully decorated living room features a plush sofa, a large flat-screen TV, and a cozy fireplace. Adjacent is a modern and fully equipped kitchen with top-of-the-line appliances and a stylish dining area. Enjoy the private balcony overlooking the lake, and take advantage of amenities such as the community swimming pool. This prime location is near shops, restaurants, and recreational facilities, offering convenience and tranquility. Don't miss the opportunity to experience lakeside living. Contact us today to schedule a viewing and make this fully furnished lake view condo your new home!

Investor Tools

Property Icon
$259,599
Estimated Property Value
$184,872Estimated Mortgage Balance
$74,727Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,558 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,504
$259,599
2025
$123,750
$135,849
$259,599
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,504
$259,599

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$198,750
No
First
Aug 16, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$184,872
$74,727
28%
71%
$1,192/mo

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.

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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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1124 Signal Ridge Pl | Property Details | No Agent List