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$272,000

NAL Estimated Property Value

1853 Signal Ridge Place 1853, Rockwall, TX, 75032

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,290 Sq Ft
price_per_sqft$193.8 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Washer

Exterior

Exterior FeaturesBalcony

Building Information

Year Built2007
Stories1

Land Information

APN4968-000I-1853-00-0R
SubdivisionSignal Ridge #4
Land UseResidential
Legal DescriptionSIGNAL RIDGE #4, BLDG I, UNIT 1853, 0.0104 % OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$135,000
Assessed Improvement Value$115,000
Assessment Year2025

About this property

Welcome to your serene retreat just off Lake Ray Hubbard. Nestled in a peaceful development just minutes away from popular shops and restaurants. This meticulously maintained 2 bedroom, 2 bath condo offers the perfect blend of comfort & convenience. Step into a freshly painted interior, adorned with modern finishes. Includes new stainless appliances and a stackable washer & dryer. The spacious kitchen boasts ample cabinetry & countertops. An open floor plan is ideal for entertaining guests with ease, and newly installed flooring adds a touch of sophistication throughout. The primary bedroom enjoys a large en suite bath with a generous walk-in closet. Convenience is key with a dedicated covered parking space just steps away from your front door. Enjoy the added luxury of being conveniently located just across from the sparkling community pool, offering a refreshing escape during the warm Texas summers. Don't miss your chance to make this move-in ready condo your new home sweet home!

Investor Tools

Property Icon
$272,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
$327/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,123
$250,000
2025
$135,000
$115,000
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,123
$250,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$272,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$327/mo
+$1,503/mo
8.1%

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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