Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$531,624

NAL Estimated Property Value

1596 Mannheim Dr, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,171 Sq Ft
price_per_sqft$163.95 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Outdoor Grill
Lot Size6,665 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN5173-000B-0015-00-0R
Lot Number15
SubdivisionTownsend Village
Land UseResidential
Legal DescriptionTOWNSEND VILLAGE, BLOCK B, LOT 15
Census Tract040305
Assessed Land Value$115,000
Assessed Improvement Value$416,624
Assessment Year2025

About this property

Immaculate and move-in ready in the gated community of Townsend Village! This beautifully maintained home welcomes you with a grand entryway, plantation shutters, and a curved staircase that sets an elegant tone throughout. A dedicated home office with French doors and a formal dining room offer both function and style. At the heart of the home, you'll find a light and bright kitchen that’s truly a showstopper—featuring a gas cooktop, farmhouse sink, and a huge island perfect for entertaining. Designer lighting and an upgraded foyer chandelier add a sophisticated touch. The open-concept living room boasts a gas fireplace and flows seamlessly to a covered back patio with additional parking and gated driveway—perfect for hosting friends and family. The spacious primary suite is located downstairs and features a luxurious en-suite bath and a massive walk-in closet with a third row for seasonal storage. New carpet was installed just two months ago in the primary bedroom for a fresh start. Upstairs, enjoy a flexible floor plan with a large game room or media space, plus three additional bedrooms—including one with an en-suite bath, and a second full bath shared by the remaining bedrooms. Other highlights include a 2022 roof replacement, smart layout, and timeless finishes throughout. This home offers both privacy and convenience in one of the area’s most desirable gated communities—don’t miss your chance to see it!

Investor Tools

Property Icon
$531,624
Estimated Property Value
$301,920Estimated Mortgage Balance
$229,704Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,190 /month
Positive
Cash Flow Estimate:
$1,063 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$855/month
$469/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,607
$531,624
2025
$115,000
$416,624
$531,624
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,607
$531,624

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$330,000
No
First
Jan 10, 2022
Feb 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$301,920
$229,704
43%
57%
$1,979/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,448/mo
+$562/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1596 Mannheim Dr | Property Details | No Agent List