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$471,133

NAL Estimated Property Value

1290 White Water Lane, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,344 Sq Ft
price_per_sqft$85.28 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCeramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size7,492 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN3264-000W-0024-00-0R
Lot Number24
SubdivisionCaruth Lakes Phase 7c
Land UseResidential
Legal DescriptionCARUTH LAKES PHASE 7C, BLOCK W, LOT 24
Census Tract040202
Assessed Land Value$150,000
Assessed Improvement Value$321,133
Assessment Year2025

About this property

Home built by DR Horton Homes. Two story with master bedroom and study with closet located downstairs. Half bath downstairs. Game room with closet and two bedrooms, hall bath on second floor. Kitchen with granite countertops, island and pantry. Large backyard. Covered patio. Two car garage. Seller will not complete any repairs to the subject property, either lender or buyer requested. The property is sold in AS IS condition.

Investor Tools

Property Icon
$471,133
Estimated Property Value
$41,556Estimated Mortgage Balance
$429,577Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,827 /month
Positive
Cash Flow Estimate:
$942 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
$263/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$471,133
2025
$150,000
$321,133
$471,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$471,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Credit Union Of Texas
Credit Line (Revolving) / Heloc
$45,000
No
First
Apr 22, 2022
May 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,556
$429,577
91%
9%
$270/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$533/mo
+$2,477/mo
7.7%

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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1290 White Water Lane | Property Details | No Agent List