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$225,000

1234 Signal Ridge Place 1234, Rockwall, TX, 75032

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths2 Bath
Baths1,578 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$142.59 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Must-SellHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringVinyl

Exterior

Lot Size5,401 sqft

Building Information

Year Built1985
Stories2

Land Information

APN4967-000W-1234-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1234 BLDG W .124AC .7272% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$208,416
Assessment Year2025

About this property

Welcome to this beautifully renovated condo that blends modern style with everyday comfort. Thoughtfully updated with luxury vinyl plank flooring throughout, this home offers a seamless, low-maintenance design and an inviting open-concept layout that's perfect for both relaxing and entertaining. The spacious living and dining areas flow effortlessly into the updated kitchen, creating a bright and airy atmosphere filled with natural light. Step outside to your private deck overlooking a peaceful backdrop of mature trees—the perfect spot to enjoy your morning coffee or unwind at the end of the day. With 2 bedrooms plus a dedicated office, this flexible floor plan easily accommodates today's lifestyle, whether you work from home, need a guest room, or want a dedicated hobby space. Combining stylish updates, functional living spaces, and a tranquil wooded setting, this move-in-ready condo is a wonderful place to call home. Don't miss the opportunity to make this your new home!

Investor Tools

Property Icon
$332,166
Estimated Property Value
$0Estimated Mortgage Balance
$262,736Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,993 /month
Positive
Cash Flow Estimate:
$664 /month

Interested in this property?

Jorge Avila

Keller Williams Rockwall

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
$525/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,537
$332,166
2025
$123,750
$208,416
$332,166
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,537
$332,166

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$71,000
No
First
Apr 29, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,430
$262,736
79%
21%
$426/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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