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$410,000

NAL Estimated Property Value

2827 Clear Creek Dr, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,281 Sq Ft
price_per_sqft$128.01 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave

Exterior

Lot Size7,275 sqft

Building Information

Year Built2003
Stories1
Garage Spaces2

Land Information

APN3868-000C-0006-00-0R
Lot Number6
SubdivisionHickory Ridge Phase Two
Land UseResidential
Legal DescriptionHICKORY RIDGE PHASE TWO, BLOCK C, LOT 6
Census Tract040512
Assessed Land Value$137,000
Assessed Improvement Value$265,543
Assessment Year2025

About this property

Welcome to your new home! Extremely roomy for the largest of gatherings, this house features a large game room upstairs and oversized rooms. Jack and jill bathroom for the kids or guests. Large spacious kitchen for when everyone comes to visit. Fully fenced in yard and driveway with rolling gate for extra security and privacy. Located close to all your shopping and daily needs with scenic Rockwall! Community pool and park just down the street for those hot summer days. This home features 9’ ceilings so you won’t feel cramped. Don’t miss this opportunity to make this home yours today!

Investor Tools

Property Icon
$410,000
Estimated Property Value
$270,978Estimated Mortgage Balance
$139,022Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,520 /month
Positive
Cash Flow Estimate:
$840 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$587/month
$159/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,997
$402,543
2025
$137,000
$265,543
$402,543
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,997
$402,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Conventional
$275,000
No
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,978
$139,022
33%
66%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,808/mo
+$1,202/mo
8.8%

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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2827 Clear Creek Dr | Property Details | No Agent List