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$264,900

1988 Signal Ridge Pl, Rockwall, TX, 75032

On MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,204 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$220.02 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony

Building Information

Year Built2000
Stories1

Land Information

APN4968-000G-1988-00-0R
SubdivisionSignal Ridge #4
Land UseResidential
Legal DescriptionSIGNAL RIDGE #4, BLDG G, UNIT 1988, 0.0102 % OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$101,350
Assessment Year2025

About this property

Updated contemporary condo in Signal Ridge #4. Newly painted, with new light fixtures and faucets. Kitchen has a breakfast bar and island, gas range, stainless steel appliances, walk in pantry and an abundance of cabinets. Unit is light and bright with an open floor plan. Built in shelves, crown moulding and gas fireplace in living room with two sets of patio doors to the balcony. Primary bedroom is good size with crown moulding, its own bath; featuring double sinks with granite counters, and a large walk in closet. All of this located just minutes from the Harbor, major shopping centers and Interstate 30.

Investor Tools

$0Estimated Mortgage Balance
$248,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,589 /month
Positive
Cash Flow Estimate:
$530 /month

Interested in this property?

Kathleen Davis

Michael Keegan Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$438/month
$264/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,021
$225,100
2025
$123,750
$101,350
$225,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,021
$225,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$254,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,830/mo
$264/mo
+$1,566/mo
8.9%

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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1988 Signal Ridge Pl | Property Details | No Agent List