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$428,619

NAL Estimated Property Value

2011 Portofino Drive, Rockwall, TX, 75032

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,710 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$192.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size3,398 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN5215-0001-2011-00-0R
SubdivisionWatersedge At Lake Ray Hubbard Condomini
Land UseResidential
Legal DescriptionWATERSEDGE AT LAKE RAY HUBBARD CONDOMINIUMS (FKA VILLAS DE PORTOFINO CONDOMINIUMS UNIT # 1322), U #2011, BLD #1, .0777 AC,
Census Tract040510
Assessed Land Value$186,000
Assessed Improvement Value$242,619
Assessment Year2025

About this property

Welcome to your lakeside condo in a premier location! Enjoy gorgeous views and relaxed lakeside living in this Mediterranean style unit on Lake Ray Hubbard! Features wood floors. Kitchen boasts granite countertops, island, custom cabinets, & gas cooktop! Step into the family room with gas fireplace & built ins. The oversized balcony is a great spot for morning coffee. Home features 2 bedrooms & an office which could be used as a 3rd bedroom. Convenient parking with 1 garage & 1 reserved spot. Recently painted and new carpet. Located next to Rockwall's lakeside development, The Harbor with restaurants & theater in close proximity. Large community pool & gated entrance!

Investor Tools

Property Icon
$428,619
Estimated Property Value
$0Estimated Mortgage Balance
$428,619Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,572 /month
Positive
Cash Flow Estimate:
$857 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$622/month
$374/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,323
$428,619
2025
$186,000
$242,619
$428,619
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,323
$428,619

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$428,619
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$374/mo
+$1,936/mo
6.5%

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.

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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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2011 Portofino Drive | Property Details | No Agent List