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$649,000

18116 County Road 949, Rockwall, TX, 75087

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$231.04 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator, Wine Cooler
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Private Entrance
Lot Size3 acres

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APNR-0738-000-0110-1
Lot Number11
SubdivisionCrowells Hidden Valley Estates (Gcn)
Land UseCommercial
Legal DescriptionCROWELLS HIDDEN VALLEY ESTATES (GCN), LOT 11
Census Tract031202
Assessed Land Value$165,000
Assessed Improvement Value$330,752
Assessment Year2025

About this property

3 acres, NO HOA! Superb location just outside of the city limits but close to highways, shopping, medical, entertainment. One-story Southern-style architecture boasts a huge front porch with a swing! Open floor plan for living room and formal dining room. Living area has vaulted ceilings, stone fireplace with gas logs and raised hearth. Two dining areas. Formal dining with built-in floating cabinets. Completely updated kitchen with double oven, cooktop, beverage fridge and lots of counter space. Breakfast area has custom built bench seating. 5 BR, 4 BA. Two primary suites. One primary bedroom split from others with fireplace, private entrance to patio; separate vanities, jetted tub, dual closets in bath Second primary suite with large walk-in closet. Converted garage bonus room with built-in wet bar, separate entry, provides flexible space for media room, game room, or office for at-home worker. Utility room with W-D, room for freezer. Expansive covered patio overlooking serene backyard. Additional outdoor features are firepit, prepared garden bed, storage shed, chicken coop. Three covered parking spaces and lots more room to park the boat and RV! Fenced on west side for privacy. So many lovely upgrades including flooring, lighting, contemporary paint colors. Endless possibilities with this unparalleled property! Only 45 minutes to downtown Dallas.

Investor Tools

Property Icon
$495,752
Estimated Property Value
$415,000Estimated Mortgage Balance
$110,424Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

Interested in this property?

Vicky Chesna

Coldwell Banker Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$810/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$495,752
2025
$165,000
$330,752
$495,752
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$495,752

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heartland Bank & Trust Co
Open End Mortgage / Open End With Future Advance Clause
$415,000
No
First
Sep 9, 2022
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,715
$109,037
21%
78%
$2,489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,489/mo
+$521/mo
7.3%

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.

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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18116 County Road 949 | Property Details | No Agent List