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$349,000

2261 Teagle Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,756 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.75 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size8,407 sqft

Building Information

Year Built2016
Stories1
Garage Spaces2

Land Information

APN4319-000J-0009-00-0R
Lot Number9
SubdivisionLofland Farms Phase 4
Land UseResidential
Legal DescriptionLOFLAND FARMS PHASE 4, BLOCK J, LOT 9
Census Tract040512
Assessed Land Value$155,000
Assessed Improvement Value$204,987
Assessment Year2025

About this property

LOCATION. CONVENIENCE. LIFESTYLE. Welcome to this beautifully updated home in the highly sought-after Lofland Farms community of Rockwall! Flooded with natural light, this 3-bedroom, 2-bath gem offers the perfect blend of peaceful living and urban convenience. Enjoy easy access to shopping, dining, top-rated schools, and fantastic neighborhood amenities—all just minutes from your doorstep. Step inside to discover a thoughtfully designed layout featuring a spacious kitchen equipped with granite countertops, stainless steel appliances, and elegant Thomasville cabinetry. The inviting living areas lead to a generous backyard, perfect for relaxing or entertaining. Notable updates include a new roof, AC, air handler, and furnace (Nov. 2020), stylish new flooring and fresh paint (Mar. 2018), a custom built-in desk (2020), and a new dishwasher (Dec. 2024). Take advantage of the vibrant community amenities including a pool, splash pad, clubhouse, and playground, plus nearby Hickory Ridge Park with pickleball and basketball courts, walking trails, and multiple play areas. Zoned to highly regarded schools—including an elementary located within the neighborhood and the newly zoned Rakow Middle School—this home truly has it all.

Investor Tools

Property Icon
$359,987
Estimated Property Value
$240,800Estimated Mortgage Balance
$121,995Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,160 /month
Positive
Cash Flow Estimate:
$720 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$502/month
$307/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,227
$359,987
2025
$155,000
$204,987
$359,987
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,227
$359,987

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Conventional
$240,800
No
First
Sep 18, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,992
$121,995
33%
66%
$1,444/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,751/mo
+$559/mo
7.7%

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: Rockwall

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2261 Teagle Dr | Property Details | No Agent List