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$450,000

NAL Estimated Property Value

138 Wembley Way, Rockwall, TX, 75032

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths3,971 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.81 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Gas Range
FlooringCarpet

Exterior

Lot Size7,057 sqft

Building Information

Year Built2000
Stories2
Garage Spaces2

Land Information

APN4332-000G-0003-00-0R
Lot Number3
SubdivisionLynden Park Estates Phase 1b
Land UseResidential
Legal DescriptionLYNDEN PARK ESTATES PHASE 1B, BLOCK G, LOT 3
Census Tract040503
Assessed Land Value$150,000
Assessed Improvement Value$286,781
Assessment Year2025

About this property

Stunning Remodeled 5-Bedroom Home in Rockwall! Welcome to this gorgeously remodeled and spacious 5-bedroom, 2.5-bathroom home, where modern elegance meets everyday comfort! Boasting an open floor plan, this home features beautifully updated floors, stylish fixtures, and a sleek, renovated kitchen—perfect for today’s lifestyle. From the moment you step inside, the grand entrance staircase makes a bold statement, setting the tone for the elegance throughout. The upgrades include elegant chandeliers throughout, quartz countertops in the kitchen and bathrooms, and dual sinks in the bathrooms for added luxury and convenience. The Marlboro fireplace is a true showstopper, serving as a stunning focal point in the living space. With two living areas and two dining areas, there’s plenty of room to entertain family and friends. Located just 4 minutes from a top-rated elementary school and only 4-5 minutes from major shopping and dining, this home offers both convenience and an incredible place to call home. Don’t miss out on this move-in-ready gem—schedule your private tour today!

Investor Tools

Property Icon
$450,000
Estimated Property Value
$387,103Estimated Mortgage Balance
$62,897Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$713/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,303
$436,781
2025
$150,000
$286,781
$436,781
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,303
$436,781

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$395,250
No
First
Mar 22, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,103
$62,897
13%
86%
$2,370/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,370/mo
+$640/mo
8.0%

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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138 Wembley Way | Property Details | No Agent List