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$555,812

NAL Estimated Property Value

215 SUMMIT RIDGE, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,240 Sq Ft
price_per_sqft$141.92 / sqft
Year BuiltBuilt in 1985

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesElectric Cooktop
FlooringVinyl

Exterior

Private PoolPrivate Pool
Lot Size10,019 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APN4790-000B-0003-00-0R
Lot Number3
SubdivisionRidge Road Village
Land UseResidential
Legal DescriptionRIDGE ROAD VILLAGE, BLOCK B, LOT 3
Census Tract040303
Assessed Land Value$184,000
Assessed Improvement Value$371,812
Assessment Year2025

About this property

***RECENTLY UPDATED HOME***3 BEDROOM POSSIBLY 4 USING 2ND LIVING AREA. GREAT FLOOR PLAN NEW VINYL PLANK FLOORING, CARPET, CABINETS, COUNTERTOPS, THE LIST GOES ON... MUST SEE!!! OWNER IS BROKER

Investor Tools

Property Icon
$555,812
Estimated Property Value
$263,910Estimated Mortgage Balance
$291,902Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,335 /month
Positive
Cash Flow Estimate:
$1,112 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,240
$555,812
2025
$184,000
$371,812
$555,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,240
$555,812

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$293,500
No
First
Feb 11, 2021
Mar 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,910
$291,902
52%
47%
$1,760/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,760/mo
+$550/mo
5.0%

City: Rockwall

215 SUMMIT RIDGE | Property Details | No Agent List