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$529,000

1187 Skylar Dr, Rockwall, TX, 75032

Under ContractInfo
Beds3 Beds
Baths2 Bath
Baths2,324 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.62 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size12,153 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN3716-000E-0008-00-0R
Lot Number8
SubdivisionFoxchase Phase 5
Land UseResidential
Legal DescriptionFOXCHASE PHASE 5, BLOCK E, LOT 8
Census Tract040507
Assessed Land Value$220,000
Assessed Improvement Value$322,619
Assessment Year2025

About this property

Welcome to 1187 Skylar Drive, where everyday living feels like a private retreat. Tucked away on one of the most desirable streets in the established Foxchase community, this impeccably maintained one-story home blends timeless style, thoughtful updates, and an exceptional backyard designed for making memories. From the moment you arrive, the inviting front porch and mature landscaping create a warm first impression. Inside, you'll find 3 spacious bedrooms, 2 bathrooms, and a light-filled, open floor plan that offers both comfort and functionality. Rich architectural details, quality finishes, and meticulous care are evident throughout, creating a home that's truly move-in ready. The true showpiece awaits outside. Your own resort-style backyard features a sparkling pool and spa, an expansive covered patio, and beautifully landscaped surroundings that provide the perfect setting for summer barbecues, family gatherings, or quiet evenings under the stars. A charming covered breezeway connects the garage to the home, adding both character and everyday convenience while enhancing the home's unique curb appeal. Located within highly acclaimed Rockwall ISD and zoned for sought-after Pullen Elementary and Rockwall-Heath High School, you'll also enjoy being just a short stroll from Fox Chase Park, complete with walking trails, a playground, splash pad, and scenic pond. Shopping, dining, entertainment, and convenient access to Interstate 30 are all just minutes away. If you've been searching for a beautifully maintained one-story home with a backyard that truly stands out, 1187 Skylar Drive offers a rare opportunity to enjoy the best of Rockwall living. From relaxing poolside to entertaining family and friends, this is a home designed to be lived in and enjoyed for years to come.

Investor Tools

$309,895Estimated Mortgage Balance
$233,907Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,256 /month
Positive
Cash Flow Estimate:
$1,085 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$818/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,098
$542,619
2025
$220,000
$322,619
$542,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,098
$542,619

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mid-American Mortgage Inc
Conventional
$340,000
No
First
Oct 6, 2021
Nov 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,895
$232,724
42%
57%
$2,039/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,079/mo
+$231/mo
5.1%

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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1187 Skylar Dr | Property Details | No Agent List