52Days on Market

2view

$339,000

$349,000

1951 Harvester Dr, Rockwall, TX, 75032

On Market

Price Drop

4 Beds

3 Bath

2,293 Sq Ft

Single Family Residence

$147.84 / sqft

Built in 2005

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4

Bathrooms Full 2

Bathrooms Half 1

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop

Exterior

Lot Size10,062 sqft

Building Information

Year Built2005

Stories1

Garage Spaces2

Land Information

APN4314-000A-0003-00-0R

Lot Number3

SubdivisionLofland Farms Phase 5-A

Land UseResidential

Legal DescriptionLOFLAND FARMS PHASE 5-A, BLOCK A, LOT 3

Census Tract040512

Assessed Land Value$155,000

Assessed Improvement Value$240,287

Assessment Year2025

About this property

Buyer fell through! PRICE REDUCTION---- Don't miss this MOVE IN READY, beautifully refreshed 4BR 3BA home in sought-after Rockwall ISD! With 2,293 sq ft of thoughtfully updated living space, this one checks every box. FRESH PAINT, NEW FLOORING , NEW COUNTERS, NEW STOVE AND MICROWAVE. Like a new home and modern feel from the moment you walk in! Both bathrooms have been fully updated with stylish new fixtures, and the kitchen shines with a new stove and microwave — ready for your first meal in. The spacious layout features a generous family room, open-concept flow to dining, and a master suite designed for unwinding. Enjoy the oversized backyard, perfect for entertaining or just soaking up the Texas sunshine. All of this in a community just minutes from I-20 with easy access to shopping, top-rated schools, parks, and the neighborhood pool and playground — everything you need, right at your doorstep. **This one won't last. Schedule your showing today!**

Investor Tools

$139,131Estimated Mortgage Balance

$256,156Estimated Equity

64% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,372 /month

Positive

Cash Flow Estimate:

$791 /month

Interested in this property?

Melissa Newman

Orchard Brokerage

Contact

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$566/month

$300/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,812

$395,287

2025

$155,000

$240,287

$395,287

Tax History

Year

Tax Paid

Assessed Value

2024

$4,812

$395,287

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Wells Fargo Bank Na

Stand Alone First / Home Equity First Lien

$165,000

First

Oct 22, 2018

Nov 2048

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,131

$256,156

64%

35%

$990/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,310/mo

$1,290/mo

+$1,020/mo

7.0%

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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