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$418,225

1613 Mannheim Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,952 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.74 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Tankless Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Lot Size6,316 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN5173-000A-0008-00-0R
Lot Number8
SubdivisionTownsend Village
Land UseResidential
Legal DescriptionTOWNSEND VILLAGE, BLOCK A, LOT 8
Census Tract040305
Assessed Land Value$115,000
Assessed Improvement Value$303,225
Assessment Year2025

About this property

Experience refined living at 1613 Mannheim Drive in Rockwall. This stylish residence backs to a lush greenbelt, offering peace and privacy. Inside, rich engineered hardwoods and large format tile flow through an open layout, anchored by a designer chef’s kitchen with an expansive granite island, premium finishes, and Megatel’s distinguished Silver Package. The split floor plan ensures comfort and seclusion, with a lavish primary suite featuring a spacious walk-in closet. Fresh paint, decorative lighting, and designer ceiling fans add modern flair, while the covered patio provides a serene retreat for relaxing and entertaining. This home is ideally positioned near I-30 and within the acclaimed Rockwall ISD. Buyers have hit the jack pot because this home has a BRAND NEW roof and gutters!

Investor Tools

Property Icon
$418,225
Estimated Property Value
$291,650Estimated Mortgage Balance
$154,947Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,509 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$634/month
$592/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,516
$418,225
2025
$115,000
$303,225
$418,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,516
$418,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Conventional
$291,650
No
First
Apr 3, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,278
$154,947
37%
63%
$1,749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,341/mo
$-31/mo
6.6%

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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1613 Mannheim Dr | Property Details | No Agent List