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$180,000

NAL Estimated Property Value

208 Mockingbird Lane, Heath, TX, 75032

$234,000 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4,175 Sq Ft
price_per_sqft$311.38 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
AppliancesDishwasher, Disposal, Microwave
FlooringCarpet, Hardwood, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size29,229 sqft

Building Information

Garage Spaces3

Land Information

APN3626-000C-0009-00-0R
Lot Number9
SubdivisionFalcon Point Ph 2
Land UseReal Property Inventory
Legal DescriptionFALCON POINT PH 2, BLOCK C, LOT 9
Census Tract040508
Assessed Land Value$180,000
Assessment Year2023

About this property

Incredible opportunity to build your dream home in the prestigious lakeside community of Falcon Point in Heath, TX. Nestled among luxury residences and scenic surroundings, this prime homesite is ready for your vision to come to life. The current architectural plan offers a thoughtfully designed 4,175 sq ft of living space and a total of 5,695 sq ft under roof, including expansive covered patios and a spacious garage—ideal for entertaining and refined everyday living. This plan includes high-end finishes, soaring ceilings, a chef’s kitchen, and an open-concept layout that merges elegance with function. It features multiple living areas, a dedicated home office, and a luxurious primary suite with spa-inspired amenities. The rear covered patio is perfect for indoor-outdoor entertaining and enjoying Texas sunsets in style. However, the beauty of this opportunity lies in flexibility—buyers may choose to move forward with this meticulously crafted plan or collaborate with the builder to design a completely custom home tailored to their unique lifestyle. Take advantage of a rare one-time close construction loan option, streamlining the build process and securing long-term financing up front. Whether you're looking for a serene retreat, space to entertain, or a stunning family estate, Falcon Point delivers with its proximity to Lake Ray Hubbard, top-rated Rockwall ISD schools, and convenient access to shopping, dining, and downtown Dallas. Don’t miss your chance to build custom in one of Heath’s most desirable communities—where luxury meets lifestyle. Contact us today for more details and to explore design options.

Investor Tools

Property Icon
$180,000
Estimated Property Value
$0Estimated Mortgage Balance
$180,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$234,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$134/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$708
$180,000
2023
$180,000
N/A
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2023
$708
$180,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$180,000
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: Heath

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208 Mockingbird Lane | Property Details | No Agent List