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$568,131

NAL Estimated Property Value

1745 Lake Forest Dr, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,307 Sq Ft
price_per_sqft$187.18 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,583 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN3976-000A-0005-00-0R
Lot Number5
SubdivisionHillcrest Shores Phase Three
Land UseResidential
Legal DescriptionHILLCREST SHORES PHASE THREE, BLOCK A, LOT 5
Census Tract040101
Assessed Land Value$131,300
Assessed Improvement Value$436,831
Assessment Year2025

About this property

BEAUTIFUL HOME ON CORNER LOT WITH DIRECT VIEWS OF EMERALD BAY PARK. A double stairway greets you as you walk in. Designated office space, beautiful dining room that features plantation shutters on front windows, remodeled kitchen with gas stove, spacious living room, and master bedroom on first floor. Upstairs has three bedrooms and two full baths. Watch or play sports in the game room and media room. Outdoors you can sit under the shingled covered patio with built in grill. New carpet, paint, lighting, backsplash. Features include tankless water heater, electric gate driveway, storage for cushions & entertaining spaces.

Investor Tools

Property Icon
$568,131
Estimated Property Value
$506,041Estimated Mortgage Balance
$62,090Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,714 /month
Positive
Cash Flow Estimate:
$1,238 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$943/month
$430/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,479
$568,131
2025
$131,300
$436,831
$568,131
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,479
$568,131

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cornerstone Home Lending
Conventional
$535,500
No
First
May 17, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$506,041
$62,090
10%
89%
$3,211/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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1745 Lake Forest Dr | Property Details | No Agent List