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$449,000

3 Michael Dr, Heath, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,839 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.15 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Double Oven, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage
Lot Size26,267 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4080-000B-0003-00-0R
Lot Number3
SubdivisionK K #1
Land UseResidential
Legal DescriptionK & K #1, BLOCK B, LOT 3
Census Tract040511
Assessed Land Value$204,750
Assessed Improvement Value$279,086
Assessment Year2025

About this property

Nestled in a quiet, established neighborhood in Heath, TX, this beautifully updated 3-bedroom, 2-bath home offers the perfect blend of comfort and modern upgrades—all with no HOA! Step into the spacious backyard and unwind to the soothing sounds of the newly refinished 40’ in-ground pool, complete with a waterfall feature. Recent updates ensure peace of mind, including a new energy-efficient heat pump - AC unit (installed in November 2022) and a new energy-efficient pool pump (installed in September 2024). The home also features all-new water lines run through the attic (June 2021), a 200-amp electrical service, and 20 inches of additional attic insulation. The kitchen is a chef’s dream with new stainless steel double ovens, a gas stovetop, and sleek tile flooring. Adding to the home’s appeal, an underground propane tank was installed, allowing for a gas fireplace, a gas water heater, and enhanced efficiency. The rest of the home boasts new luxury vinyl plank flooring, while all-new windows (2019) bring in natural light and energy savings. The roof and gutters were replaced in 2019, ensuring durability for years to come. Enjoy the best of Rockwall-Heath living with this thoughtfully upgraded home, offering a private retreat with modern conveniences. Schedule a showing today!

Investor Tools

Property Icon
$483,836
Estimated Property Value
$0Estimated Mortgage Balance
$483,836Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,903 /month
Positive
Cash Flow Estimate:
$968 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$653/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,413
$483,836
2025
$204,750
$279,086
$483,836
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,413
$483,836

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$483,836
100%
0%
$0/mo

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: Heath

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3 Michael Dr | Property Details | No Agent List