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$668,000

NAL Estimated Property Value

1646 Salvatore Lane, McLendon Chisholm, TX, 75032

Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.44 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesBalcony, Private Yard
Lot Size20,038 sqft

Building Information

Year Built2021
Stories1
Garage Spaces3

Land Information

APNS5039-000V-0009-00-0R
Lot Number9
SubdivisionSonoma Verde Phase 2
Land UseResidential
Legal DescriptionSONOMA VERDE PHASE 2, BLOCK V, LOT 9
Census Tract040509
Assessed Land Value$140,000
Assessed Improvement Value$437,777
Assessment Year2025

About this property

Nearly half an acre on greenbelt in Sonoma Verde, this extensively upgraded 5-bedroom, 4.5-bath home offers modern design, generous space, and exceptional functionality in Rockwall ISD PLUS the added benefit of a fully paid-off PID and a competitive total tax rate of approximately 1.4%! The open-concept layout features vaulted ceilings, abundant natural light, and a fireplace anchoring the main living area, while the kitchen is designed for both everyday living and entertaining with granite countertops, gas cooktop, oversized island, walk-in pantry, and eat-in dining area. The primary suite provides a private retreat and the additional bedrooms offer flexible space for guests or multigenerational living. Upstairs includes three bedrooms, a spacious secondary upstairs living area, a dedicated media room perfect for movie nights or creating your own entertainment space, and a large covered balcony patio perfect for relaxing. The expansive backyard backs to greenbelt space, offering added privacy and endless potential for outdoor living, and a side-facing 3-car garage enhances curb appeal and functionality. Residents enjoy Sonoma Verde amenities including a pool, parks, playgrounds, walking trails, and open green space, all just minutes from shopping, dining, and Lake Ray Hubbard.

Investor Tools

Property Icon
$668,000
Estimated Property Value
$0Estimated Mortgage Balance
$668,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,050 /month
Positive
Cash Flow Estimate:
$1,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
$249/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,053
$577,777
2025
$140,000
$437,777
$577,777
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,053
$577,777

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$668,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$249/mo
+$2,761/mo
5.4%

Learn About the Market: Opportunity in Texas

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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: McLendon Chisholm

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1646 Salvatore Lane | Property Details | No Agent List