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B+
NoAgentList RatingHow are grades calculated? Info

$547,767

2923 Newport Dr, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,033 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesCourtyard
Lot Size6,011 sqft

Building Information

Year Built1999
Stories1
Garage Spaces2

Land Information

APN4507-000A-0016-00-0R
Lot Number16
SubdivisionNewport Place
Land UseResidential
Legal DescriptionNEWPORT PLACE, BLOCK A, LOT 16
Census Tract040510
Assessed Land Value$170,000
Assessed Improvement Value$377,767
Assessment Year2025

About this property

Lake Life is calling.. Never lose electric, never lost power during the great freeze, same power grid as the hospital! Rest your feet, take a dip in your relaxing pool, and smell the beautiful lake air. Get away from the crazy traffic, nestled in supreme safety and security here in your little peace of Heaven. The highly renowned Rockwall Harbor is within walking distance, enjoy all that the best lake in all of DFW has to offer! One of the best school districts in all of Texas, national level competitors in both sports, academics, and extracurricular such as culinary arts, robotics, textiles, and cyber patriot! Upon entry, you are greeted with absolute beauty and a meticulously well kept and updated home. Brand new luxury vinyl plank flooring runs throughout much of this home with original wood floors. Open floor plan! This perfect discreet & quiet office awaits you, this kitchen is superb and prepared for the foodies! It doesnt get much better for hosting Thanksgiving & the Superbowl!

Investor Tools

Property Icon
$547,767
Estimated Property Value
$356,250Estimated Mortgage Balance
$216,392Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,287 /month
Positive
Cash Flow Estimate:
$1,096 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$891/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,952
$547,767
2025
$170,000
$377,767
$547,767
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,952
$547,767

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Neighborhood Mtg Acceptance Co
Conventional
$356,250
No
First
Aug 23, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$331,375
$216,392
39%
60%
$2,136/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,136/mo
+$874/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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