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$999,000

2516 Pampas Ct, Heath, TX, 75126

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths4,240 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.61 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size15,464 sqft

Building Information

Year Built2020
Stories1
Garage Spaces2

Land Information

APNS3879-000E-0027-00-0R
Lot Number27
SubdivisionHeath Golf Yacht Club Phase 2 Tract
Land UseResidential
Legal DescriptionHEATH GOLF & YACHT CLUB, PHASE 2, TRACT 7, BLOCK E, LOT 27
Census Tract040511
Assessed Land Value$120,000
Assessed Improvement Value$608,870
Assessment Year2025

About this property

Welcome to luxury living in the prestigious lakeside community of Heath Golf & Yacht Club, located in highly sought-after Rockwall ISD and just approximately 25 miles from downtown Dallas. Situated on a quiet cul-de-sac with an oversized driveway on a nearly half-acre lot, this stunning 4-bedroom, 3.5-bath home with a dedicated office offers a wide-open floor plan ideal for everyday living and entertaining. Inside, you’ll find expansive living and dining areas with custom drapes, designer light fixtures, and abundant natural light. The open-concept design flows seamlessly into the kitchen featuring an upgraded industrial appliance package with a gas cooktop and double ovens. The oversized primary suite boasts a beautifully remodeled custom bath with designer mirrors, Kohler sinks and fixtures, a walk-in shower, and abundant counter and cabinet space, along with a custom-designed walk-in closet. Additional upgrades include plantation shutters throughout, smart home lighting controlled by app, epoxy garage floors, and an electric generator plug allowing the home to be powered by room. Upstairs, a charming nursery features upgraded blue pine paneling on the ceiling with a designer chandelier. The expansive lot offers space to build additional structures or even a sport court. Step outside to your private backyard oasis complete with a pool, hot tub, upgraded patio tile, and tranquil views backing to mature trees and a peaceful pond—one of the few lots with no neighbors behind. The home’s positioning provides shade over the pool for a good portion of the day, making Texas summer days even more enjoyable. Residents enjoy resort-style amenities including a private clubhouse with restaurant and bar, pool, fitness center, golf, tennis, sand volleyball, and 16 pickleball courts, plus day-use boat slips on Lake Ray Hubbard. This home offers the perfect blend of luxury, privacy, and lifestyle. THE SELLER IS OFFERING $10,000 IN CONCESSIONS TO USE HOWEVER YOU WANT!

Investor Tools

$440,539Estimated Mortgage Balance
$689,233Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,768 /month
Positive
Cash Flow Estimate:
$2,256 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,563/month
$555/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,118
$728,870
2025
$120,000
$608,870
$728,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,118
$728,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$492,865
No
First
Dec 29, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$440,539
$717,461
61%
39%
$2,955/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,340/mo
$3,510/mo
$-170/mo
3.6%

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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2516 Pampas Ct | Property Details | No Agent List