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$264,684

NAL Estimated Property Value

1540 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,308 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$183.41 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size3,877 sqft

Building Information

Year Built1985
Stories2

Land Information

APN4967-000P-1540-00-0R
SubdivisionSignal Ridge #3
Land UseResidential
Legal DescriptionSIGNAL RIDGE #3 UNIT 1540 BLDG P .089AC .5212% OWNERSHIP OF COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$140,934
Assessment Year2025

About this property

PRICE REDUCED!!! Beautiful 2 Bedroom 2 Bath oversized Townhome in the ever so coveted Signal Ridge Community! Awesome floorplan with vaulted ceilings, decorative fireplace, lots of natural light and stylish luxury vinyl flooring throughout! Kitchen has nice granite countertops, updated appliances, walk in panty and breakfast bar! Refrigerator included. The Primary En-Suite is downstairs and spacious with remodeled bath including granite counters, double sinks, awesome shower, walk in closet and balcony! The winding iron staircase leads up to wonderful second living area and bedroom with nice bath, walk in closet and great storage! Walk outside to a nice patio perfect for relaxing and unwinding! Awesome location!! Take a short walk to the Harbor for some great dining and lots of fun! Close to the lake, tons of shopping and Interstate 30! This is a great Townhome with lots to offer and a must see!

Investor Tools

Property Icon
$264,684
Estimated Property Value
$226,740Estimated Mortgage Balance
$37,944Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,588 /month
Positive
Cash Flow Estimate:
$529 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$426/month
$301/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,786
$264,684
2025
$123,750
$140,934
$264,684
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,786
$264,684

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Conventional
$244,200
No
First
Jul 19, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,740
$37,944
14%
86%
$1,465/mo

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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1540 Signal Ridge Pl | Property Details | No Agent List