B+

NoAgentList RatingHow are grades calculated?

1view

$439,900

1329 Salinas Dr, Rockwall, TX, 75087

Off Market

4 Beds

2 Bath

2,435 Sq Ft

Single Family Residence

$180.66 / sqft

Built in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave, Vented Exhaust Fan

FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Private Yard

Lot Size14,636 sqft

Building Information

Year Built2002

Stories1

Garage Spaces1

Land Information

APN4289-000O-0010-00-0R

Lot Number10

SubdivisionLakeview Summit Ph 1

Land UseResidential

Legal DescriptionLAKEVIEW SUMMIT PH 1, BLOCK O, LOT 10

Census Tract040101

Assessed Land Value$148,500

Assessed Improvement Value$283,217

Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED - highest and best due by 5:00pm on Sunday, April 23rd. This meticulously maintained one story home features tall ceilings and plenty of natural light throughout the spacious floor plan. Corian countertops and stainless steel appliances highlight the eat-in kitchen, and the gas fireplace sets the mood in the large family room featuring beautiful hardwood floors. Up front you'll find a formal dining room in addition to the formal living room, which can be utilized as an office if you prefer. This home has 4 bedrooms and 2 bathrooms, including a large master suite with spacious ensuite bathroom. The corner lot sets the tone for outdoor activities, where you'll find a covered patio, extended courtyard, and an 8 ft tall fence that envelops you in privacy. Hot summer day? No problem, take a short walk to the community pool for a refreshing swim, without the worry of pool maintenance. This home is move-in ready and truly has it all!

Investor Tools

$431,717

Estimated Property Value

$414,000Estimated Mortgage Balance

$39,822Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,639 /month

Positive

Cash Flow Estimate:

$880 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$502/month

$192/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$3,863

$431,717

2025

$148,500

$283,217

$431,717

Tax History

Year

Tax Paid

Assessed Value

2024

$3,863

$431,717

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Brazos National Bank

$414,000

Yes

First

Jun 2, 2023

Jul 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$391,895

$39,822

91%

$2,483/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,010/mo

$2,675/mo

+$335/mo

8.4%

Learn About the Market: Opportunity in Texas

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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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