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$379,900

203 S Lakeshore Drive, Rockwall, TX, 75087

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,159 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.96 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave

Exterior

Lot Size11,021 sqft

Building Information

Year Built1984
Stories1
Roof Type127
Garage Spaces2

Land Information

APN5110-000J-0031-00-0R
Lot Number31
SubdivisionStonebridge Meadows #5
Land UseResidential
Legal DescriptionSTONEBRIDGE MEADOWS #5, BLOCK J, LOT 31
Census Tract040303
Assessed Land Value$174,000
Assessed Improvement Value$136,000
Assessment Year2025

About this property

This is an unbeatable location. This generously sized home offers both space and style in a highly sought-after lakeside community. Just a short walk from the scenic lake, you'll love having easy access to serene morning strolls, water views, and outdoor relaxation right in your own neighborhood. Inside, the home welcomes you with a formal living and dining room centered around a romantic wood-burning fireplace – perfect for cozy evenings or entertaining guests. The charming gourmet kitchen features an electric cooktop, ample cabinetry, a window over the sink that fills the space with natural light, and a cozy dinette for everyday meals. The spacious primary suite includes separate closets and a dual-sink vanity, offering a private and functional retreat. Two additional generously sized bedrooms share a full bath, making it ideal for families or guests. You'll also enjoy an extra living area and a bright, inviting sunroom – perfect for a home office, hobby space, or peaceful relaxation. Situated near top-rated schools and surrounded by local conveniences, this home blends lakeside tranquility with everyday practicality. Don't miss your opportunity to own a beautifully maintained home in one of the area’s most desirable communities. ALL INFORMATION IS DEEMED RELIABLE BUT IS NOT GUARANTEED AND SHOULD BE INDEPENDENTLY VERIFIED.

Investor Tools

Property Icon
$334,000
Estimated Property Value
$0Estimated Mortgage Balance
$332,199Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,279 /month
Positive
Cash Flow Estimate:
$760 /month

Interested in this property?

Safiyyah Siddiqui

N TX ELITE GROUP

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$681
$310,000
2025
$174,000
$136,000
$310,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$681
$310,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Easy Street Capital Llc
Building Or Construction Loan
$1,850
No
First
Dec 13, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,801
$332,199
99%
1%
$12/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$12/mo
+$2,298/mo
8.3%

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.

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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203 S Lakeshore Drive | Property Details | No Agent List