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$457,000

NAL Estimated Property Value

1911 Lakeview Dr, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,637 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.44 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesWater Purifier, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile, Concrete

Exterior

Exterior FeaturesDog Run, Rain Gutters, Private Yard
Lot Size12,850 sqft

Building Information

Year Built1979
Stories1
Garage Spaces2

Land Information

APN4220-000E-0001-00-0R
Lot Number1
SubdivisionLakeridge Park
Land UseResidential
Legal DescriptionLAKERIDGE PARK, BLOCK E, LOT 1
Census Tract040303
Assessed Land Value$184,000
Assessed Improvement Value$265,799
Assessment Year2025

About this property

Step into this exquisite 4-bedroom, 3-bathroom home located on a corner lot in the highly desirable Lakeridge Park neighborhood. Recently updated, it boasts a spacious, flowing living area that invites relaxation. The kitchen has beautiful butcher block countertops, an abundant amount of concealed storage, and a gas stove top. The home includes a bonus space between the primary suite and kitchen that's perfect for an office, nursery, or gym. Outside, discover a sprawling backyard paradise enclosed by a board-on-board privacy fence, adorned with mature trees, and ample space for hosting. This home offers leased solar panels and the roof and rain gutters were replaced in 2022. While the garage has been converted into a flex space, the garage door remains attached and operational. Should you prefer a 2-car garage, the sellers are willing to revert it back. Enjoy the proximity to Lake Ray Hubbard, shopping centers, and great schools. Don't miss the chance to explore this remarkable home!

Investor Tools

Property Icon
$457,000
Estimated Property Value
$405,812Estimated Mortgage Balance
$51,188Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$589/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,785
$449,799
2025
$184,000
$265,799
$449,799
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,785
$449,799

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$423,000
No
First
Feb 15, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$405,812
$51,188
11%
89%
$2,537/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,537/mo
$-227/mo
6.1%

City: Rockwall

1911 Lakeview Dr | Property Details | No Agent List