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$273,000

NAL Estimated Property Value

2977 Firewheel Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,252 Sq Ft
price_per_sqft$223.56 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Gas Range, Refrigerator

Exterior

Lot Size7,013 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN3896-000E-0006-00-0R
Lot Number6
SubdivisionHighland Meadows #2 Crw
Land UseResidential
Legal DescriptionHIGHLAND MEADOWS #2 (CRW), BLOCK E, LOT 6
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$139,217
Assessment Year2025

About this property

****Seller to contribute up to 2% in closing costs as allowable****Pardon our dust as the seller is making a few renovations, professional photos coming soon****Charming 1-story home featuring 3 bedrooms and 2 bathrooms with a welcoming layout. Enjoy a cozy fireplace in the living room, a spacious primary suite with double vanity, separate tub and shower, and plenty of natural light. The 2-car garage offers added convenience, and the wood-fenced backyard provides privacy and space to relax or entertain. A great opportunity with comfort and function all in one! Schedule a showing today!

Investor Tools

Property Icon
$273,000
Estimated Property Value
$270,488Estimated Mortgage Balance
$2,512Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,437
$269,217
2025
$130,000
$139,217
$269,217
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,437
$269,217

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Waterstone Mortgage Corp
Conventional
$274,918
No
First
Jun 17, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$270,488
$2,512
0%
99%
$1,649/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,649/mo
+$661/mo
10.2%

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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2977 Firewheel Dr | Property Details | No Agent List