Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$346,304

NAL Estimated Property Value

203 Windmill Ridge Dr, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.13 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Double Oven
FlooringCarpet, Ceramic Tile, Simulated Wood

Exterior

Lot Size7,492 sqft

Building Information

Year Built2007
Stories1
Garage Spaces2

Land Information

APN5295-000A-0011-00-0R
Lot Number11
SubdivisionWindmill Ridge
Land UseResidential
Legal DescriptionWINDMILL RIDGE, BLOCK A, LOT 11
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$216,304
Assessment Year2025

About this property

Their loss, YOUR WIN! Back on Market, no fault of sellers. PRICE IMPROVEMENT, NEW ROOF & GUTTERS JUST INSTALLED MAR 2024, NEW CARPET INSTALLED DEC 26 2023, 1% BUYDOWN OF INTEREST RATE FOR FIRST YEAR AVAILABLE WITH USE OF PREFERRED LENDER!! Welcome to 203 Windmill Ridge Dr, Rockwall! This 4-bedroom gem offers Fresh Paint on the First floor, New Waterproof Plank Laminate Flooring in the Kitchen and Dining, Tile Living Room, and a versatile 4th bedroom ideal for a Media Room on 2nd floor. Enjoy a Covered Patio. The flexibility of NO HOA, and Two NEW Air Conditioners, along with New Insulation, ensure comfort. The Location is 2nd to None with a short 5 minute drive to breathtaking Lake Ray Hubbard, offering an array of recreational activities. Nearby is The Harbor for dining, entertainment and shopping, plus nearby medical care and a hospital give peace of mind. DO NOT MISS this INCREDIBLE OPPORTUNITY!

Investor Tools

Property Icon
$346,304
Estimated Property Value
$278,163Estimated Mortgage Balance
$68,141Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,078 /month
Positive
Cash Flow Estimate:
$693 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$227/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$996
$346,304
2025
$130,000
$216,304
$346,304
No

Tax History

Year
Tax Paid
Assessed Value
2024
$996
$346,304

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nbkc Bank
Conventional
$289,000
No
First
Apr 30, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$278,163
$68,141
19%
80%
$1,733/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,733/mo
+$577/mo
8.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

203 Windmill Ridge Dr | Property Details | No Agent List