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$487,710

NAL Estimated Property Value

1350 Napa Drive, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,565 Sq Ft
price_per_sqft$128.65 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesBuilt-In Gas Range, Disposal, Microwave, Plumbed For Ice Maker, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size7,928 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN4293-000I-0005-00-0R
Lot Number5
SubdivisionLakeview Summit Phase 3
Land UseResidential
Legal DescriptionLAKEVIEW SUMMIT PHASE 3, BLOCK I, LOT 5
Census Tract040101
Assessed Land Value$148,500
Assessed Improvement Value$339,210
Assessment Year2025

About this property

Cute home within walking distance to Grace Hartman Elementary. Beautiful hardwood floors and large kitchen make this home feel cozy. Designated office space with two bedrooms and full bath down the hall. Kitchen has eat in dining and large island. Living room has ample space with fireplace and view of backyard. Master bedroom has en suite bathroom that features spacious closet. Walk upstairs to game room and walk in attic space. Upstairs also features desk area, bathroom and bedroom. Entertain outside with extended backyard patio. This home is located near grocery shopping, pharmacy and eateries. Rockwall ISD

Investor Tools

Property Icon
$487,710
Estimated Property Value
$244,684Estimated Mortgage Balance
$243,026Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,926 /month
Positive
Cash Flow Estimate:
$975 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
$145/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,427
$487,710
2025
$148,500
$339,210
$487,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,427
$487,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$273,200
No
First
Dec 22, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,684
$243,026
49%
50%
$1,638/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,783/mo
+$1,227/mo
7.4%

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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1350 Napa Drive | Property Details | No Agent List