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$600,000

NAL Estimated Property Value

201 Forest Trace, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,979 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.63 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Disposal, Gas Cooktop, Gas Water Heater
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesBalcony, Rain Gutters, Lighting, Private Yard, Garden
Lot Size7,405 sqft

Building Information

Year Built1980
Stories1
Roof Type127
Garage Spaces2

Land Information

APN3940-000A-0017-00-0R
Lot Number17
SubdivisionHighridge Est
Land UseResidential
Legal DescriptionHIGHRIDGE EST, BLOCK A, LOT 17
Census Tract040303
Assessed Land Value$180,000
Assessed Improvement Value$420,000
Assessment Year2025

About this property

MULTIPLE OFFERS! HIGHEST AND BEST DEADLINE - 11:59 PM, MAY 27TH, 2025. This enchanting residence masterfully blends the timeless charm of an English cottage with refined modern updates, creating a truly captivating living environment. Rich wood flooring flows throughout the home, enhancing its warm and inviting character while offering a seamless connection between classic design and contemporary comfort. The expansive living room is bathed in natural light, creating a luminous and welcoming space ideal for both quiet relaxation and elegant entertaining. A striking fireplace, paired with exquisite herringbone-patterned flooring, serves as a sophisticated focal point—perfect for intimate evenings or hosting gatherings in style. The thoughtfully appointed kitchen is a culinary dream, featuring pristine quartz countertops, top-of-the-line stainless steel appliances, and a built-in refrigerator. Sleek cabinetry artfully conceals the dishwasher, freezer, refrigerator, and coffee bar, creating a clean, cohesive aesthetic that is both highly functional and beautifully modern. Upstairs, the bedrooms offer serene retreats, each boasting generous closet space and tranquil ambiance. The primary suite is a standout, featuring charming French doors that open to a private balcony—an ideal spot to savor peaceful mornings with picturesque views of the neighborhood and glimpses of Lake Ray Hubbard. Outdoors, the newly landscaped front yard and backyard with fresh sod offers an expansive and private setting—perfect for entertaining, children's play, or simply enjoying a quiet afternoon. An oversized two-car garage provides abundant storage, and, together with the circular driveway, ensures ample parking for family and guests. Don’t miss the opportunity to experience this truly exceptional home—schedule your visit today!

Investor Tools

Property Icon
$600,000
Estimated Property Value
$432,909Estimated Mortgage Balance
$167,091Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,687
$600,000
2025
$180,000
$420,000
$600,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,687
$600,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$439,999
No
First
Jun 12, 2025
Jul 2040

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,909
$167,091
27%
72%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,639/mo
+$371/mo
6.0%

City: Rockwall

201 Forest Trace | Property Details | No Agent List