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$279,000

NAL Estimated Property Value

137 Magnolia Ln, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,261 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.11 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Range, Gas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Simulated Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,621 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN5301-000C-0011-00-0R
Lot Number11
SubdivisionWindmill Ridge Estates Iv-B
Land UseResidential
Legal DescriptionWINDMILL RIDGE ESTATES IV-B, BLOCK C, LOT 11
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$148,289
Assessment Year2025

About this property

Beautifully updated single story, 3BR 2BA home in Rockwall ISD! Fresh paint, new carpet and stainless steel kitchen appliances all since 9-2022. Open floorplan includes split primary bedroom, a large living room has a wood burning fireplace with a gas starter, a SPACIOUS eat-in kitchen with lots of cabinet space, pantry and breakfast bar. Owner's suite includes ensuite bathroom with jetted garden tub, medicine cabinet, and walk-in closet. Minutes from tons of shopping and dining and The Harbor District! Schedule a showing today!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$258,546Estimated Mortgage Balance
$20,454Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,068
$278,289
2025
$130,000
$148,289
$278,289
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,068
$278,289

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$275,500
No
First
Jan 17, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,546
$20,454
7%
93%
$1,652/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,652/mo
+$658/mo
9.9%

City: Rockwall

137 Magnolia Ln | Property Details | No Agent List