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$489,000

1245 Islemere Dr, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,302 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.42 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size11,935 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN4955-000H-0024-00-0R
Lot Number24
SubdivisionShores North Phase 2a
Land UseResidential
Legal DescriptionSHORES NORTH PHASE 2A, BLOCK H, LOT 24
Census Tract040103
Assessed Land Value$135,000
Assessed Improvement Value$329,153
Assessment Year2025

About this property

Welcome to your dream home in The Shores in the heart of Rockwall featuring 3-bed plus home office, which could be used as a 4th bed. Open floor plan & design offer an ideal blend of comfort & style. Enjoy 2 inviting living areas w a cozy fireplace, wood floors, stylish lighting & fresh updates throughout. Eat-in kitchen yields bar w generous cabinet space & is a chef's delight sure to inspire culinary creativity. The tranquil primary suite is truly a retreat, offering an enjoyable space to unwind, complete w generous walk-in closet, renovated bathroom w a soaking tub & shower to relax. Multiple outdoor seating areas around grass & pool are perfect for outdoor gatherings or simply enjoying the fresh air for morning coffee or an evening cocktail. This home is nestled in a wonderful neighborhood, ensuring a sense of community. Enjoy proximity to trails, lake, shopping & dining options means you're never far from the essentials and entertainment, making it an ideal location for families.

Investor Tools

Property Icon
$464,153
Estimated Property Value
$0Estimated Mortgage Balance
$464,153Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,934 /month
Positive
Cash Flow Estimate:
$978 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$685/month
$385/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,899
$464,153
2025
$135,000
$329,153
$464,153
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,899
$464,153

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$464,153
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$385/mo
+$1,925/mo
6.0%

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: Rockwall

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1245 Islemere Dr | Property Details | No Agent List