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$450,000

NAL Estimated Property Value

207 Forest Trce, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,051 Sq Ft
price_per_sqft$150.66 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size10,803 sqft

Building Information

Year Built1987
Stories1
Garage Spaces2

Land Information

APN3940-000A-0020-00-0R
Lot Number20
SubdivisionHighridge Est
Land UseResidential
Legal DescriptionHIGHRIDGE EST, BLOCK A, LOT 20
Census Tract040303
Assessed Land Value$180,000
Assessed Improvement Value$270,000
Assessment Year2025

About this property

This charming custom-built home, recently updated, is centrally located in Rockwall, and nestled in a quiet neighborhood surrounded by trees. As you walk in, you'll be greeted by an open and airy living area with abundant natural light, vaulted ceilings, and a cozy gas fireplace, creating a great space for entertaining. The kitchen features granite countertops, a gas range, built-in microwave, and adjacent breakfast nook. Great floor plan for private guest quarters and sequestered Master Suite which boasts walk-in closets, quartz countertops, large bathtub, and updated shower. Nice backyard that features a deck with a lake view to enjoy the sunset. Recent roof 2018 and fence 2019.

Investor Tools

Property Icon
$450,000
Estimated Property Value
$0Estimated Mortgage Balance
$450,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,700 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$878/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,286
$450,000
2025
$180,000
$270,000
$450,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,286
$450,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$450,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
N/A
+$2,310/mo
6.2%

City: Rockwall

207 Forest Trce | Property Details | No Agent List