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$324,581

NAL Estimated Property Value

1474 Lochspring Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.42 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDisposal

Exterior

Lot Size11,413 sqft

Building Information

Year Built2000
Stories1
Garage Spaces1

Land Information

APN4358-000A-0015-00-0R
Lot Number15
SubdivisionMeadowcreek Estates Phase I
Land UseResidential
Legal DescriptionMEADOWCREEK ESTATES PHASE I, BLOCK A, LOT 15
Census Tract040512
Assessed Land Value$140,000
Assessed Improvement Value$184,581
Assessment Year2025

About this property

Welcome to Rockwall where this delightful 3-bedroom, 2-bathroom home boasting a thoughtfully designed split floor plan. The inviting dining-office areas greet you at the front, while the generously sized guest bedrooms are situated on one side, offering privacy from the master suite on the opposite side. The open-concept kitchen seamlessly flows into the spacious living room, highlighted by a cozy wood-burning fireplace. Enjoy the convenience of a rear entry with a fully fenced backyard and gate. Located in the esteemed Rockwall School District, this home offers easy access to shops, restaurants, and major highways. The community features walking trails and a playground park, perfect for outdoor activities. As an added bonus, the seller has painted the home for the new buyers. Experience comfort, convenience, and a wonderful community.

Investor Tools

Property Icon
$324,581
Estimated Property Value
$199,248Estimated Mortgage Balance
$125,333Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,947 /month
Positive
Cash Flow Estimate:
$649 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$603/month
$59/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,618
$324,581
2025
$140,000
$184,581
$324,581
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,618
$324,581

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$201,000
No
First
Nov 6, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$199,248
$125,333
38%
61%
$1,206/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,265/mo
+$1,045/mo
8.5%

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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1474 Lochspring Dr | Property Details | No Agent List