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$1,354,376

NAL Estimated Property Value

124 Mallard Crossing, Heath, TX, 75032

Off MarketInfo
Baths0 Bath
Baths4,001 Sq Ft

Highlights

Interior

Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling

Exterior

Lot Size18,731 sqft

Building Information

Year Built2020
Stories1
Garage Spaces4

Land Information

APNS3844-000B-0014-00-0R
Lot Number14
SubdivisionHeath Crossing Phase One
Land UseResidential
Legal DescriptionHEATH CROSSING PHASE ONE, BLOCK B, LOT 14, (REPLAT 2017)
Census Tract040507
Assessed Land Value$375,000
Assessed Improvement Value$979,376
Assessment Year2025

About this property

If you are ready to build your custom dream home in a serene setting in one of the most coveted neighborhoods in Rockwall County, then this is it! This lot is the only lot left in the subdivision that has a pond view & it comes with beautiful topography and great trees. The Fulton School is located just down the street, Heath High School is 1.5 miles away, & Amy Parks Elementary is just 2 miles away. Heath Crossing is a custom luxury subdivision showcasing a landscaped boulevard leading to hills, pristine views, wooded creeks and sparkling ponds. It is a master-planned community where lots are specifically designed for privacy, with tons of open space. Now is the time to build & this is the perfect lot for it.

Investor Tools

Property Icon
$1,354,376
Estimated Property Value
$1,182,634Estimated Mortgage Balance
$171,742Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,126 /month
Positive
Cash Flow Estimate:
$2,709 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,846/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,376
$1,354,376
2025
$375,000
$979,376
$1,354,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,376
$1,354,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Va
$1,300,000
Yes
First
Aug 10, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,182,634
$171,742
12%
87%
$7,795/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$8,020/mo
$-5,710/mo
2.0%

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: Heath

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