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$242,645

NAL Estimated Property Value

1130 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,148 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$213.33 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size3,398 sqft

Building Information

Year Built1985
Stories2

Land Information

APN4967-000N-1130-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1130 BLDG N .078AC .4575% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$118,895
Assessment Year2025

About this property

Fantastic corner unit! Nicely updated with laminate wood flooring in main living and dining, neutral paint throughout, granite counters. Skylights in living room and master bath allow for an abundance of natural lighting. Beautiful spiral staircase leads to secondary bedroom upstairs with full bath, tons of storage, and loft view of living room. Fireplace in living rm is the perfect centerpiece to the room. Master bedroom features sliding glass door to private outdoor seating area. Extra closet on back patio for storage! Private deck off main living room has gorgeous lake views and is perfect for cooking out, relaxing, or enjoying a morning cup of coffee. Enjoy a low maintenance lifestyle while being close to everything you need! Multiple pools for enjoying the beautiful Texas weather and entertaining friends. Located within award winning Rockwall ISD and super close to shopping, dining, and local entertainment venues. Refrigerator, washer and dryer included!

Investor Tools

Property Icon
$242,645
Estimated Property Value
$191,422Estimated Mortgage Balance
$51,223Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,469 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,249
$242,645
2025
$123,750
$118,895
$242,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,249
$242,645

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$201,875
No
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$191,422
$51,223
21%
79%
$1,211/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,475/mo
+$355/mo
9.1%

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.

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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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1130 Signal Ridge Pl | Property Details | No Agent List