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$323,000

NAL Estimated Property Value

206 Joe White St, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.66 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater
FlooringWood

Exterior

Lot Size8,581 sqft

Building Information

Year Built1970
Stories1
Garage Spaces2

Land Information

APN5220-000C-0004-00-0R
Lot Number4
SubdivisionWade
Land UseResidential
Legal DescriptionWADE, BLOCK C, LOT 4
Census Tract040202
Assessed Land Value$145,000
Assessed Improvement Value$152,468
Assessment Year2025

About this property

This charming home is ready for you to call it home for the holidays! Substantial updates and improvements include a newer Roof, HVAC, outdoor Turf, Plumbing, Remodeled primary bathroom, Fixtures, Doors, Fence, Windows, and Fresh paint. Within minutes of historic Downtown Rockwall, the home is nestled in a cozy neighborhood , and offers versatile options as a primary home, a long term rental, or even a quaint air bnb. The well maintained home is only enhanced by the 70K plus in improvements as well as it's proximity to shopping and dining. Upon entry you are met with an open concept living into dining, complimented by bookend picture windows. The kitchen is the perfect cook's nook, with a gas stove and oven ready to prepare your holiday meals. A backyard covered deck and room to roam await. The primary suite has an en-suite remodeled bathroom, with double vanities, a soaking tub and separate shower. Offer deadline requested by 11 a.m. Jan. 9th, 2023.

Investor Tools

Property Icon
$323,000
Estimated Property Value
$317,904Estimated Mortgage Balance
$5,096Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$485/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,208
$297,468
2025
$145,000
$152,468
$297,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,208
$297,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Fha
$338,751
Yes
First
Jan 27, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,904
$5,096
1%
98%
$2,031/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,031/mo
+$279/mo
8.6%

City: Rockwall

206 Joe White St | Property Details | No Agent List