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$67,000

NAL Estimated Property Value

195 Nicole Dr, Rockwall, TX, 75032

Off MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,187 sqft

Land Information

APN5380-0000-1366-00-0R
Lot Number1366
SubdivisionRockwall Lake Est #2
Land UseResidential
Legal DescriptionROCKWALL LAKE EST #2, LOT 1366
Census Tract040503
Assessed Land Value$32,050
Assessment Year2025

About this property

Could be sold together in 2 lots, another one is 20443696 207 Nicole Dr. Amazing opportunity to design and build your own dream house. The land features a generous 60' wide by 120' deep, enough to build a spacious house. The Land is in an established neighborhood, in renowned Rockwall, minutes away from the lake and a plethora of shops and restaurants. Minutes away from The Harbor outdoor mall's shopping and dining with views of the lake. Don't miss out!

Investor Tools

Property Icon
$67,000
Estimated Property Value
$16,230Estimated Mortgage Balance
$50,770Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$450 /month
Positive
Cash Flow Estimate:
$150 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$72/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$529
$32,050
2025
$32,050
N/A
$32,050
No

Tax History

Year
Tax Paid
Assessed Value
2024
$529
$32,050

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Maria Silvia Balderas
Seller Carryback / Seller Financing / Seller Take-Back
$26,000
No
First
Sep 3, 2010
Sep 2017

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$16,230
$50,770
75%
24%
$156/mo

Learn About the Market: Opportunity in Texas

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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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