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$299,000

NAL Estimated Property Value

147 Southlake Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Microwave

Exterior

Lot Size6,621 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN4332-000E-0021-00-0R
Lot Number21
SubdivisionLynden Park Estates Phase 1b
Land UseResidential
Legal DescriptionLYNDEN PARK ESTATES PHASE 1B, BLOCK E, LOT 21
Census Tract040503
Assessed Land Value$150,000
Assessed Improvement Value$124,925
Assessment Year2025

About this property

Move in ready! Three bedroom, two full baths with second living area that would make a perfect office! Eat-in kitchen and second dining area. Living room with gas fireplace. New luxury vinyl plank flooring in living rooms, hallway and utility and new carpet in bedrooms. Fresh interior paint throughout. Primary bedroom split from secondary. Shaded side and backyard. Easy access to I30, Lake Ray Hubbard, parks, restaurants, shopping and schools. Come and see this property today.

Investor Tools

Property Icon
$299,000
Estimated Property Value
$57,140Estimated Mortgage Balance
$241,860Estimated Equity
80% 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
$502/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,531
$274,925
2025
$150,000
$124,925
$274,925
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,531
$274,925

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$90,000
No
First
Feb 9, 2011
Mar 2041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$57,140
$241,860
80%
19%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
9.3%

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.

Explore Texas Explore This Area
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 Southlake Dr | Property Details | No Agent List