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$219,900

2851 Hampshire Ln, Rockwall, TX, 75032

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,751 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.59 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesNone
FlooringConcrete

Exterior

Exterior FeaturesRain Gutters
Lot Size7,100 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN3896-000G-0002-00-0R
Lot Number2
SubdivisionHighland Meadows #2 Crw
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #2 (CRW), BLOCK G, LOT 2
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$193,359
Assessment Year2025

About this property

This 4-bedroom, 2-bathroom single-story home presents an incredible project opportunity for buyers, investors, or flippers looking to build significant sweat equity in a desirable neighborhood! Featuring a functional single-level floor plan with high vaulted ceilings and excellent structural bones, this property has already been prepped for a full custom renovation—including extensive interior demo, opened wall studding, and clean subfloors ready for your vision. The spacious layout centers around an open kitchen and dining space, a dedicated family room centered around a brick fireplace, and four well-proportioned bedrooms. The primary suite offers a private retreat layout with an attached full bath featuring dual sinks and a relaxing tub space. Key structural and mechanical elements are already in place, including a serviced HVAC system (2024), gas water heater (2019), fresh exterior power washing, and a clean, manicured yard with fresh mulch and heavy tree-shrub trimming. Bring your contractor and design ideas to transform this prime canvas into your ultimate dream home or lucrative investment!

Investor Tools

$0Estimated Mortgage Balance
$323,359Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,940 /month
Positive
Cash Flow Estimate:
$647 /month

Interested in this property?

Robert Salmons

Entera Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$586/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,415
$323,359
2025
$130,000
$193,359
$323,359
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,415
$323,359

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$323,359
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
11.2%

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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2851 Hampshire Ln | Property Details | No Agent List