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$297,000

177 Althea Rd, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,484 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.09 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Range, Electric Water Heater, Vented Exhaust Fan
FlooringVinyl

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size3,267 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces1

Land Information

APN5370-000C-0672-00-0R
Lot Number671-672
SubdivisionRockwall Lake Est #1
Land UseResidential
Legal DescriptionROCKWALL LAKE EST #1, BLOCK C, LOT 671 & 672
Census Tract040503
Assessed Land Value$152,350
Assessed Improvement Value$134,539
Assessment Year2025

About this property

Located close to I-30 lies this beautifully renovated four bedroom, two bath home. Nestled within walking distance to the serene lake, this fully renovated home offers a perfect blend of modern luxury and natural beauty. With a brand-new roof and HVAC system, you can enjoy peace of mind knowing that every aspect of this home has been meticulously updated for your comfort and convenience. The open floor plan creates an airy atmosphere, perfect for both relaxation and entertainment. With its prime location near the lake, combined with its modern renovations and upgrades, this home offers a rare opportunity to experience the best of both worlds: the tranquility of nature and the luxury of contemporary living. Move in ready!

Investor Tools

Property Icon
$297,000
Estimated Property Value
$289,656Estimated Mortgage Balance
$15,515Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,069
$286,889
2025
$152,350
$134,539
$286,889
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,069
$286,889

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Luminate Home Loans Inc
Fha
$289,656
Yes
First
Oct 9, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,485
$15,515
5%
95%
$1,737/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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177 Althea Rd | Property Details | No Agent List