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$168,000

1225 Signal Ridge Place, Rockwall, TX, 75032

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$194.44 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size2,570 sqft

Building Information

Year Built1985
Stories1

Land Information

APN4967-000V-1225-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1225 BLDG V .059AC .3443% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$29,731
Assessment Year2025

About this property

Charming 1BR 1BA near Lake Ray Hubbard with a great floorplan! This open concept condo boasts a SPACIOUS living & dining area featuring a wood burning fireplace set as the centerpiece. Owners' suite has its own private patio and an oversized en suite with walk-in closet and plenty and storage space! Enjoy a second patio within close proximity and walking distance to endless dining, shopping, and entertainment at The Harbor! Ready for your finishing touches and set in a perfect location, this one will not last long!

Investor Tools

Property Icon
$161,000
Estimated Property Value
$0Estimated Mortgage Balance
$161,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,008 /month
Positive
Cash Flow Estimate:
$336 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,043
$153,481
2025
$123,750
$29,731
$153,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,043
$153,481

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$161,000
100%
0%
$0/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.

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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