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$850,000

NAL Estimated Property Value

147 Colchester Dr, Rockwall, TX, 75032

$872,984 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,465 Sq Ft
price_per_sqft$245.28 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesBuilt In Gas Range, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Luxury Vinyl Plank

Exterior

Private PoolPrivate Pool
Lot Size1.57 acres

Building Information

Year Built2020
Garage Spaces3

Land Information

APNS5376-000C-0012-00-0R
Lot Number12
SubdivisionWellington Manor Phase 1
Land UseResidential Sfr Non-Waterfront
Legal DescriptionWELLINGTON MANOR PHASE 1, BLOCK C, LOT 12
Census Tract040508
Assessed Land Value$109,885
Assessed Improvement Value$694,197
Assessment Year2025

About this property

Welcome to Wellington Manor, a highly sought after neighborhood in Rockwall, TX. This home sits on 1.57 acres and offers 5 bedrooms and 4.5 baths open concept with a media room and an office. The newly built pool with travertine decking is ready for entertaining. You can welcome yourself to country with being just minutes from Town where entertainment, shopping and dinning are all located and just 30 minutes from Dallas! This home is sure to check all the boxes, It is a must see!

Investor Tools

Property Icon
$850,000
Estimated Property Value
$604,164Estimated Mortgage Balance
$245,836Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$872,984
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,173/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,827
$804,082
2025
$109,885
$694,197
$804,082
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,827
$804,082

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$647,200
No
First
Oct 28, 2022
Dec 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$604,164
$245,836
28%
71%
$3,881/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$4,376/mo
$-2,066/mo
3.3%

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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147 Colchester Dr | Property Details | No Agent List