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$134,900

1501 Signal Ridge Place, Rockwall, TX, 75032

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths864 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$156.13 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms 1Bathrooms 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size2,570 sqft

Building Information

Year Built1985
Stories1

Land Information

APN4967-000Q-1501-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1501 BLDG Q .059AC .3443% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$135,000
Assessed Improvement Value$55,803
Assessment Year2025

About this property

Super clean ground floor unit with nice lake views. Great location in lakefront community of Signal Ridge with many swimming pools and lake access. Enjoy being by the lake, shops, restaurants and all that Rockwall offers. This home is ready for immediate move in and has newer AC unit.

Investor Tools

Property Icon
$190,803
Estimated Property Value
$0Estimated Mortgage Balance
$100,013Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,145 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$414/month
$166/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,015
$190,803
2025
$135,000
$55,803
$190,803
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,015
$190,803

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$102,400
No
First
Jul 10, 2020
Aug 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$90,790
$100,013
52%
48%
$614/mo

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.

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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1501 Signal Ridge Place | Property Details | No Agent List