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B+
NoAgentList RatingHow are grades calculated?Info
Days56Days on Market
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$305,000

$315,000

1871 Signal Ridge Pl, Rockwall, TX, 75032

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,405 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$217.08 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Electric Oven
FlooringCarpet, Ceramic Tile

Building Information

Year Built2006
Stories1

Land Information

APN4968-000H-1871-00-0R
SubdivisionSignal Ridge #4
Land UseResidential
Legal DescriptionSIGNAL RIDGE #4, BLDG H, UNIT 1871, 0.0113 % OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$135,000
Assessed Improvement Value$178,852
Assessment Year2025

About this property

Welcome to Signal Ridge in the heart of Rockwall—where comfort, convenience, and lake living come together. This beautifully situated 2-bedroom, 2-bath first-floor condo offers stunning views of Lake Ray Hubbard and an easy, low-maintenance lifestyle in a gated community. Step inside to find a functional and flexible layout, including a dedicated office that can easily serve as a third bedroom, guest space, or flex room to fit your needs. Enjoy morning coffee or evening sunsets with serene lake views right from your unit. Residents benefit from two covered parking spaces and convenient access to community pools just steps away. Ideally located within walking distance to The Harbor Rockwall, you’ll love having dining, shopping, and entertainment right at your fingertips.Whether you’re looking for a primary residence, weekend retreat, or investment opportunity, this condo offers the perfect blend of location, lifestyle, and value.

Investor Tools

$152,255Estimated Mortgage Balance
$162,254Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,883 /month
Positive
Cash Flow Estimate:
$628 /month

Interested in this property?

Samantha Baumann

Regal, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
$296/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,642
$313,852
2025
$135,000
$178,852
$313,852
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,642
$313,852

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Autocar Enterprises Lp
Purchase Money Mortgage
$175,000
No
First
Oct 2, 2019
Oct 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,255
$161,597
51%
49%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,346/mo
+$964/mo
8.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1871 Signal Ridge Pl | Property Details | No Agent List