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$533,500

NAL Estimated Property Value

1839 Emerald Bay Dr, Rockwall, TX, 75087

$638,036 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths4,147 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.63 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

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, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size11,413 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN3968-000R-0017-00-0R
Lot Number17
SubdivisionHillcrest Shores Ii
Land UseResidential
Legal DescriptionHILLCREST SHORES II, BLOCK R, LOT 17
Census Tract040101
Assessed Land Value$181,500
Assessed Improvement Value$352,000
Assessment Year2025

About this property

Entertainer's Dream! This 5 bed, 3 full bath home boasts over 4,100 square feet of living space. It sits on a cul-de sac with a playground and fishing pond just steps away. There are three separate living areas. 1st floor living area has gorgeous fireplace & built in shelves. Either first floor bedrooms could easily be an office, kid's play room or another game room. Upstairs living is huge and big enough for game room use! The backyard has a diving pool with plenty of room to play. Large covered patio is perfect for family cookouts. Don't miss the laundry chute in the upstairs hall. Shed in backyard stays. NO HOA!

Investor Tools

Property Icon
$533,500
Estimated Property Value
$0Estimated Mortgage Balance
$533,500Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$638,035
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,300 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$971/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,984
$533,500
2025
$181,500
$352,000
$533,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,984
$533,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$533,500
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
6.8%

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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1839 Emerald Bay Dr | Property Details | No Agent List