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$275,000

2837 Beverly Drive, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,920 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.23 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave, Refrigerator
FlooringCeramic Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Other
Lot Size7,275 sqft

Building Information

Year Built2015
Stories1
Garage Spaces2

Land Information

APN3896-000I-0007-00-0R
Lot Number7
SubdivisionHighland Meadows #2 Crw
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #2 (CRW), BLOCK I, LOT 7
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$293,206
Assessment Year2025

About this property

BOM & WON'T LAST & at this price for all of the extras you'll immediately want to call it home! Walk in & you'll immediately be IMPRESSED with this clean, light & open floorplan with today's popular color palette. Since 2016, Sellers installed metal roof, tiled floors throughout entire house including bathrooms, remodeled kitchen with quartz countertops & added refrigerator that remains, remodeled both bathrooms, remodeled utility room that includes washer & dryer, added stamped concrete patio with custom firepit, installed fence with added touches, paint throughout, & made an interesting addition to the garage or man cave. This will be a popular property due to, not only its character, but its location!

Investor Tools

Property Icon
$423,206
Estimated Property Value
$0Estimated Mortgage Balance
$196,031Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,539 /month
Positive
Cash Flow Estimate:
$846 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$677/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,005
$423,206
2025
$130,000
$293,206
$423,206
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,005
$423,206

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$253,650
No
First
Dec 23, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,175
$196,031
46%
54%
$1,521/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,521/mo
+$789/mo
6.6%

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.

Explore Texas Explore This Area
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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2837 Beverly Drive | Property Details | No Agent List