Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View

$1,506,670

1288 Somerset, McLendon Chisholm, TX, 75032

Off MarketInfo
Baths0 Bath
Baths4,081 Sq Ft
Unimproved LandUnimproved Land

Highlights

Interior

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

Exterior

Lot Size1.56 acres

Building Information

Year Built2020
Stories1
Garage Spaces3

Land Information

APN4111-000B-0033-00-0R
Lot Number33
SubdivisionKingsbridge Ph 1 Addn
Land UseResidential
Legal DescriptionKINGSBRIDGE PH 1 ADDN, BLOCK B, LOT 33, ACRES 1.556
Census Tract040513
Assessed Land Value$342,320
Assessed Improvement Value$1,164,350
Assessment Year2025

About this property

Located in the amazing, exclusive gated community of Kingsbridge which is located a few Miles outside of Rockwall in McLendon Chisholm. This amazing lot is 1.5-acre build site, is one of the few in the neighborhood that backs up to a beautiful tree-lined green belt offering both seclusion and tranquility. In this gated community, homes range $600k to over $2 million and you can pick your own Custom Builder. This is an amazing lot and the best one still available in this magnificent neighborhood. Don't miss out and let this one get away!!

Investor Tools

Property Icon
$1,506,670
Estimated Property Value
$0Estimated Mortgage Balance
$437,118Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,040 /month
Positive
Cash Flow Estimate:
$3,013 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,997/month
$950/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,428
$1,506,670
2025
$342,320
$1,164,350
$1,506,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,428
$1,506,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Colonial Savings Fa
Conventional
$615,707
No
First
Jan 2, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,069,552
$437,118
29%
71%
$6,372/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$7,322/mo
$-5,012/mo
1.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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: McLendon Chisholm

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1288 Somerset | Property Details | No Agent List