NoAgentList RatingHow are grades calculated?

1view

$500,000

20 Pringle Ln, Rockwall, TX, 75087

Off Market

3 Beds

3 Bath

2,497 Sq Ft

Single Family Residence

$200.24 / sqft

Built in 1988

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 3

Indoor Fireplace

Garage Available

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

FlooringCeramic Tile, Simulated Wood

Exterior

Exterior FeaturesRain Gutters

Lot Size1 acre

Building Information

Year Built1988

Stories1

Roof Type127

Garage Spaces2

Land Information

APN4980-0000-005B-00-0R

Lot Number5B

SubdivisionSkyview Country Est #2

Land UseResidential

Legal DescriptionSKYVIEW COUNTRY EST #2, LOT 5B, ACRES 1.00

Census Tract040203

Assessed Land Value$203,400

Assessed Improvement Value$304,415

Assessment Year2025

About this property

1 acre homesite, outside Rockwall city limits with mature trees and plenty of space to move around! NO HOA! Rockwall ISD! This charming property has been remodeled from top to bottom and is ready for new owners to call it HOME! Windows, walls, doors, flooring, roof & gutters, electric & septic are just a few of the things that were done to bring this home up to date. Master bath features soaker tub and separate shower. Master bedroom features a tray ceiling and walk in closet. Secondary bedrooms has oversized walkin closets! Great schools, shopping nearby and quick access to John King and Hwy 66. Don't miss out on the opportunity to make this home yours. Foundation repair already done with transferrable warranty. No City Taxes and No HOA! 1 acre gives you plenty of space to build a pool and outdoor living space or a large building for all your collectibles! Come see why this home is waiting for you! Search address on YouTube for Cinematic Video

Investor Tools

$507,815

Estimated Property Value

$0Estimated Mortgage Balance

$507,815Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,047 /month

Positive

Cash Flow Estimate:

$1,016 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$645/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$5,197

$507,815

2025

$203,400

$304,415

$507,815

Tax History

Year

Tax Paid

Assessed Value

2024

$5,197

$507,815

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

N/A

$507,815

100%

$0/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,310/mo

N/A

+$2,310/mo

5.5%

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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