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$434,736

NAL Estimated Property Value

171 Southlake Dr, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,983 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.47 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size6,490 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN4331-000E-0015-00-0R
Lot Number15
SubdivisionLynden Park Estates Phase 1a
Land UseResidential
Legal DescriptionLYNDEN PARK ESTATES PHASE 1A, BLOCK E, LOT 15
Census Tract040503
Assessed Land Value$150,000
Assessed Improvement Value$284,736
Assessment Year2025

About this property

Beautiful 5 bedroom, 2,1 bath home over 3900 sq ft! Two dining areas and two living areas on the first floor complete with built in shelves. High ceiling in the entry way, ample size backyard. Location is great..close to I-30, Lake Ray Hubbard, multiple stores, restaurants, movie theaters and more.

Investor Tools

Property Icon
$434,736
Estimated Property Value
$390,205Estimated Mortgage Balance
$44,531Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,640 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,215
$434,736
2025
$150,000
$284,736
$434,736
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,215
$434,736

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$418,000
No
First
Oct 20, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$390,205
$44,531
10%
90%
$2,507/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,507/mo
+$503/mo
8.3%

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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171 Southlake Dr | Property Details | No Agent List