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$800,000

14435 S Fm 548, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths3,407 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.78 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Tile

Exterior

Lot Size4.83 acres

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN0133-0000-0048-03-0R
SubdivisionK Latham
Land UseResidential
Legal DescriptionA0133 K LATHAM, TRACT 48-3, ACRES 4.833
Census Tract040509
Assessed Land Value$347,976
Assessed Improvement Value$420,126
Assessment Year2025

About this property

Experience refined country living in this stunning estate-style home set on nearly 5 picturesque acres, offering the perfect blend of privacy, luxury, and convenience. An extended circular drive creates a grand first impression and welcomes you home in style. Inside, a dramatic entry showcases soaring ceilings and an impressive staircase that sets the tone for the elegant interior. The spacious family room features a beautiful fireplace and flows seamlessly into the chef’s dream kitchen, complete with a large center island, extensive custom cabinetry, built-in range, oven, dishwasher, and microwave. The kitchen overlooks a generous dining area ideal for everyday living and entertaining guests. A beautifully detailed second living area serves perfectly as a library, home office, or study, highlighted by custom built-in bookcases. The private owner’s retreat offers an expansive bedroom with a relaxing sitting area and access to a spa-inspired bath featuring dual vanities and luxurious finishes. Two additional bedrooms provide spacious closets and share a well-appointed full bath. Outdoors, the oversized patio is designed for entertaining while overlooking breathtaking rural views and peaceful countryside scenery. The extended circular drive and attached 3-car garage provide abundant parking for family and guests. Like new home generator stays with property. Newly installed carpet is a plus! Bring your horses and enjoy the very best of town-and-country living. Conveniently located near excellent schools, restaurants, shopping, major highways, and beautiful Lake Ray Hubbard, this exceptional property truly has it all.

Investor Tools

Property Icon
$800,000
Estimated Property Value
$0Estimated Mortgage Balance
$800,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,800 /month
Positive
Cash Flow Estimate:
$1,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$527/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,319
$768,102
2025
$347,976
$420,126
$768,102
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,319
$768,102

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$800,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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14435 S Fm 548 | Property Details | No Agent List