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$350,000

2850 Deutz Ct, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,961 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$1.07 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size10,062 sqft

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APN4311-000J-0012-00-0R
Lot Number12
SubdivisionLofland Farms Ph 5-B
Land UseResidential
Legal DescriptionLOFLAND FARMS PH 5-B, BLOCK J, LOT 12
Census Tract040512
Assessed Land Value$155,000
Assessed Improvement Value$193,220
Assessment Year2025

About this property

Charming 1 story home for lease! Great Rockwall location! This one won't last long! Find 3 bedrooms & 2 full baths nestled perfectly within the split bedroom, open floorplan of this 1900 sqft home. Large kitchen complete with built in microwave, electric range & oven, tons of counter & cabinet space! Cozy living room with fireplace and tall bright windows. Spacious secondary bedrooms, large master & ensuite ft dual sinks, oversized jetted tub & separate shower. Beautifully landscaped cul de sac lot with a large grassy backyard and partially covered patio, perfect for enjoying the Texas summers! Community pool & an elementary located right within the neighborhood!

Investor Tools

Property Icon
$350,000
Estimated Property Value
$116,000Estimated Mortgage Balance
$271,266Estimated Equity
67% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$605/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,510
$348,220
2025
$155,000
$193,220
$348,220
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,510
$348,220

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Open End Mortgage / Open End With Future Advance Clause
$116,000
No
First
Jun 12, 2012
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$78,734
$271,266
77%
22%
$696/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$696/mo
+$1,614/mo
7.9%

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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2850 Deutz Ct | Property Details | No Agent List