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$464,407

NAL Estimated Property Value

1851 Oak Bend Drive, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,373 Sq Ft
price_per_sqft$126 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size7,797 sqft

Building Information

Year Built2001
Stories1
Garage Spaces1

Land Information

APN4722-000B-0008-00-0R
Lot Number8
SubdivisionRandom Oaks At The Shores
Land UseResidential
Legal DescriptionRANDOM OAKS AT THE SHORES, BLOCK B, LOT 8
Census Tract040103
Assessed Land Value$162,800
Assessed Improvement Value$301,607
Assessment Year2025

About this property

Imagine yourself in this beautiful, highly sought after location, single story home as you start the new year. Walk in to a spacious entry with formal living and dining. Continue to the main living space with sweeping views of the backyard oasis. Granite counters and SS appliances make the kitchen a cooks dream. A split bdrm floor plan gives everyone privacy. The master retreat is oversized with a spacious bathroom and oversized shower. The backyard will charm you with the beautiful covered patio and gorgeous pool. Large laundry room with room for a freezer. All that's missing in this home is you. Seller offering 3K paint allowance. All information deemed reliable but not guaranteed. Buyer to verify.

Investor Tools

Property Icon
$464,407
Estimated Property Value
$444,651Estimated Mortgage Balance
$19,756Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,786 /month
Positive
Cash Flow Estimate:
$929 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$684/month
$345/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,884
$464,407
2025
$162,800
$301,607
$464,407
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,884
$464,407

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Summit Funding Inc
Conventional
$237,181
No
First
May 19, 2021
Jun 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$444,651
$19,756
4%
96%
$2,846/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$3,191/mo
$-881/mo
6.0%

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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1851 Oak Bend Drive | Property Details | No Agent List