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$59,000

195 Nicole Drive, Rockwall, TX, 75032

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

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

Build the home you've always envisioned on this spacious residential lot in the heart of Rockwall! Measuring approximately 60' x 120', this property offers ample space to design a custom home with room for outdoor living and more. Nestled in an established neighborhood, you'll enjoy the perfect blend of tranquility and convenience, just minutes from Lake Ray Hubbard, The Harbor, shopping, dining, and entertainment. An adjacent lot at 207 Nicole Dr (MLS #21337116) is also available and may be purchased together for additional space and possibilities. Don't miss this rare opportunity to create your dream home in one of Rockwall's most desirable locations!

Investor Tools

$16,089Estimated Mortgage Balance
$64,911Estimated Equity
80% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$486 /month
Positive
Cash Flow Estimate:
$162 /month

Interested in this property?

Charlie Bui

eXp Realty LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$78/month
$550/month
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
$16,089
$64,911
80%
20%
$156/mo

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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