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$279,900

1874 Signal Ridge Place, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$205.51 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Rain Gutters

Building Information

Year Built1997
Stories1

Land Information

APN4968-000C-1874-00-0R
SubdivisionSignal Ridge #4
Land UseResidential
Legal DescriptionSIGNAL RIDGE #4, BLDG C, UNIT 1874, 0.0116 % OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$189,000
Assessed Improvement Value$183,636
Assessment Year2025

About this property

WATERFRONT, beautifully updated 3 bedroom,2 bath condo; 2nd level corner unit. 25 ft balcony w-4 new sets of patio doors overlooking Lake Ray Hubbard. Gorgeous wood flooring! Split bedrooms. Master w-lake views, HUGE walk-in closet w-multi level racks for out of season storage; double sinks, granite counters, painted cabinets+oversized updated tile shower.Open kitchen w-bar stool seating, painted cabinets, granite counters, stainless appliances. Refrigerator included w-French drawer+ice maker, gas cooking, built-in microwave. Spacious living area w-lake views, fireplace w-gas logs. Large dining area.Utility room w-washer & dryer.Enjoy walking to The Harbor for movies, restaurants, Concerts On The Lake and More!

Investor Tools

Property Icon
$372,636
Estimated Property Value
$0Estimated Mortgage Balance
$143,526Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,236 /month
Positive
Cash Flow Estimate:
$745 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$506/month
$204/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,204
$372,636
2025
$189,000
$183,636
$372,636
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,204
$372,636

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prime Lending Inc
Conventional
$259,475
No
First
May 11, 2020
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,110
$143,526
38%
61%
$1,556/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,760/mo
+$550/mo
7.4%

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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1874 Signal Ridge Place | Property Details | No Agent List