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$400,000

206 Cody Place, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.27 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Gas Range, Gas Water Heater, Microwave, Convection Oven, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size6,970 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN4509-000B-0004-00-0R
Lot Number4
SubdivisionNorth Towne Addition
Land UseResidential
Legal DescriptionNORTH TOWNE ADDITION, BLOCK B, LOT 4
Census Tract040202
Assessed Land Value$140,000
Assessed Improvement Value$297,403
Assessment Year2025

About this property

This updated 4-bdrm home is sited in a spectacular location near historic downtown. Visitors are greeted by a charming covered wrap-around porch & fresh landscaping. Features three-qtr inch Oak wood flooring, Soapstone countertops, solid wood doors, Shaker style, shaved veneer backsplash, stone fireplace w-Pennsylvania Blue hearthstone, custom cabinets, & pantry w slide-out draws, cast iron apron skirt sink, Cafe Series SS microwave & double oven w-convection+5 burners & griddle. Sizeable master suite includes free-standing cast iron clawfoot tub, separate shower with a 6-way control valve, Elfa custom closet, & french doors leading out to the backyard where you will find a private breezeway & courtyard leading to the 2-car garage. Upstairs you will find 2 bedrooms w 3x7 reading nooks w-storage, attic access,& updated bathroom. 4th bedroom is privately located over the garage.

Investor Tools

Property Icon
$437,403
Estimated Property Value
$0Estimated Mortgage Balance
$176,954Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,624 /month
Positive
Cash Flow Estimate:
$875 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$654/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,664
$437,403
2025
$140,000
$297,403
$437,403
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,664
$437,403

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Conventional
$280,000
No
First
Aug 9, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,449
$176,954
40%
60%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,679/mo
+$631/mo
6.3%

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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