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$499,000

NAL Estimated Property Value

1520 Encanto Trl, Rockwall, TX, 75087

$502,884 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,883 Sq Ft
price_per_sqft$265 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,019 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS4139-0000-0006-00-0R
Lot Number6
SubdivisionLadera At Rockwall Condominiums
Land UseResidential
Legal DescriptionLADERA AT ROCKWALL CONDOMINIUMS, LOT 6, .0082% OWNERSHIP COMMON AREAS
Census Tract040201
Assessed Land Value$113,000
Assessed Improvement Value$362,000
Assessment Year2025

About this property

Stunning Tree View with nothing behind your fabulous home, walking distance to the HUB, radiant barrier, solar tube are just a few of the spectacular amenities this home has to offer, LOCK and LEAVE HOME yard is taken care of by the COA, beautiful entry walks into the large open family room, cozy gas fireplace, open island gourmet kitchen with built in stainless appliances, gas cooktop, electric oven and microwave, dining area overlooks the stunning backyard the beautiful trees, prime lot with no home behind you, your very own private oasis, primary suite offer a beautiful luxurious bath with double vanities and a oversize shower, very large oversize primary closet opens to the laundry room, split bedrooms second bedroom has a nice size walk in closet with separate bath, beautiful built in cabinets in the bath, the living area, dining area and primary suite overlook the backyard and the tree lined green space.Home also has security system and sprinkler system. HUB has pool table, exercise room, library, gathering space inside, fire pit, pool and pickleball court. Home is close to Lake Ray Hubbard and minutes to shopping, dining and entertainment.

Investor Tools

Property Icon
$499,000
Estimated Property Value
$248,552Estimated Mortgage Balance
$250,448Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$502,884
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$539/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,970
$475,000
2025
$113,000
$362,000
$475,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,970
$475,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pnc Bank Na
Credit Line (Revolving) / Heloc
$250,000
No
First
Jan 6, 2026
Jan 2066

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,552
$245,448
49%
50%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$1,874/mo
$-44/mo
4.4%

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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1520 Encanto Trl | Property Details | No Agent List