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$350,000

2864 Deer Ridge Dr, Rockwall, TX, 75032

PendingInfo
Beds4 Beds
Baths2 Bath
Baths2,515 Sq Ft
price_per_sqft$139.17 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood, Laminate, Tile, Vinyl, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting
Lot Size9,409 sqft

Building Information

Year Built2003
Stories1
Garage Spaces1

Land Information

APN3868-000E-0011-00-0R
Lot Number11
SubdivisionHickory Ridge Phase Two
Land UseResidential
Legal DescriptionHICKORY RIDGE PHASE TWO, BLOCK E, LOT 11
Census Tract040512
Assessed Land Value$137,000
Assessed Improvement Value$236,489
Assessment Year2025

About this property

Welcome home to this beautifully designed 4-bedroom, 2-bath home in Rockwall! With plenty of natural light and inviting spaces, this home offers a functional open-concept layout ideal for both everyday living and entertaining. Upstairs, a spacious game room or flex space offers many possibilities — media room, home office, playroom, or workout space. Adding incredible value, the home includes over $50K in solar panels for outstanding energy savings, with the solar lease fully paid off at closing. Conveniently located near shopping, dining, schools, and major commuter routes, this is an exceptional opportunity to own a home that truly has it all.

Investor Tools

$0Estimated Mortgage Balance
$373,489Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,241 /month
Positive
Cash Flow Estimate:
$747 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$649/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,920
$373,489
2025
$137,000
$236,489
$373,489
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,920
$373,489

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$373,489
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$115/mo
+$2,895/mo
9.7%

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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2864 Deer Ridge Dr | Property Details | No Agent List