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$477,000

1225 Islemere Drive, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,138 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$104.84 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate, Wood

Exterior

Lot Size8,625 sqft

Building Information

Year Built2004
Stories1
Garage Spaces1

Land Information

APN4955-000H-0022-00-0R
Lot Number22
SubdivisionShores North Phase 2a
Land UseResidential
Legal DescriptionSHORES NORTH PHASE 2A, BLOCK H, LOT 22
Census Tract040103
Assessed Land Value$135,000
Assessed Improvement Value$332,000
Assessment Year2025

About this property

Meticulously kept one owner home with HUGE backyard on quiet cul-de-sac in The Shores, Rockwall's premier golf course & lakeside community with resort style restaurant-club house, pro-shop, gym, swimming pool & tennis courts! You will love this 4 bedroom, 3 and a half bath home the moment you enter with a flood of natural light and beautiful wood floors throughout most of the downstairs. Master bedroom is down with 3 beds and 2 baths up plus large game room. Recent updates include roof 2018, 2 HVAC units '17-18, dual water heaters. Great location near large park, close to exemplary Nebbie Williams Elementary and Williams Middle School and shopping. This home is spotless and move in ready!

Investor Tools

Property Icon
$477,000
Estimated Property Value
$0Estimated Mortgage Balance
$265,161Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,862 /month
Positive
Cash Flow Estimate:
$954 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$683/month
$314/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,811
$467,000
2025
$135,000
$332,000
$467,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,811
$467,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Flagstar Bank Fsb
Conventional
$229,400
No
First
Apr 22, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$211,839
$265,161
55%
44%
$1,376/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,690/mo
+$1,320/mo
7.6%

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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1225 Islemere Drive | Property Details | No Agent List