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$400,000

203 Tanya Dr, Rockwall, TX, 75087

$511,819 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,816 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.05 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size11,151 sqft

Building Information

Year Built1980
Stories1
Garage Spaces2

Land Information

APN4200-000D-0014-00-0R
Lot Number14
SubdivisionLake Ray Hubbard Est
Land UseResidential
Legal DescriptionLAKE RAY HUBBARD EST, BLOCK D, LOT 14
Census Tract040303
Assessed Land Value$184,000
Assessed Improvement Value$292,310
Assessment Year2025

About this property

Opportunity awaits in this spacious single-story brick home nestled on an oversized lot beneath a canopy of mature shade trees in an established Rockwall neighborhood near Lake Ray Hubbard. Offering 3 bedrooms, 2.5 bathrooms, two generous living areas, a formal dining room, a breakfast nook, and a rear-entry 2-car garage, this home provides a flexible floor plan with ample space for both everyday living and entertaining. Inside, you'll find large living spaces and a layout that offers endless possibilities for renovation and personalization. The secondary living area could serve as a game room, media room, home office, or additional gathering space, while the formal dining room provides the perfect setting for family meals and holiday celebrations. The spacious kitchen and breakfast area overlook the backyard and offer a strong foundation for future updates and improvements. The oversized lot provides plenty of room for outdoor entertaining, gardening, pets, or future enhancements. Mature trees offer both shade and character, creating a setting that is increasingly difficult to find in newer communities. Located within the highly acclaimed Rockwall ISD, this property enjoys convenient access to Lake Ray Hubbard, Downtown Rockwall, The Harbor, shopping, dining, parks, and major commuter routes, including I-30 and President George Bush Turnpike. Whether you're looking for a renovation project, an investment opportunity, or a chance to create your dream home in a prime location, this property offers tremendous potential. With no HOA restrictions and strong upside potential, the possibilities are endless. The home is being sold As-Is, making it an ideal opportunity for investors or buyers seeking to add their own personal touches and build equity in one of Rockwall's most desirable areas.

Investor Tools

$0Estimated Mortgage Balance
$476,310Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$511,819
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,858 /month
Positive
Cash Flow Estimate:
$953 /month

Interested in this property?

Nick Termini

CENTURY 21 Judge Fite Co.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$286/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,045
$476,310
2025
$184,000
$292,310
$476,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,045
$476,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$476,310
100%
0%
$0/mo

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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