$335,621
NAL Estimated Property Value3079 Fallbrook Dr, Rockwall, TX, 75032
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range
FlooringCarpet, Ceramic Tile, Laminate
Exterior
Exterior FeaturesFire Pit
Lot Size8,059 sqft
Building Information
Year Built2004
Stories1
Garage Spaces2
Land Information
APN3871-000T-0005-00-0R
Lot Number5
SubdivisionHickory Ridge Phase 4
Land UseResidential
Legal DescriptionHICKORY RIDGE PHASE 4, BLOCK T, LOT 5
Census Tract040512
Assessed Land Value$137,000
Assessed Improvement Value$198,621
Assessment Year2025
About this property
Wonderful opportunity to purchase in Rockwall under $350k! Rear entry 1 story with 3 bedrooms plus office, separate dining area and living room. Home has a beautiful stone wood burning fireplace inside and a huge deck with fireplace outside. Primary bath has double sinks and an updated separate shower and tub. Recently replaced Roof and HVAC. PROFESSIONAL photos being done July 17th.
Investor Tools
$335,621
Estimated Property Value
$129,353Estimated Mortgage Balance
$207,298Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,014 /month
Positive
Cash Flow Estimate:
$671 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$610/month
$170/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,636
$335,621
2025
$137,000
$198,621
$335,621
No
Tax History
Year
Tax Paid
Assessed Value
2024
$5,636
$335,621
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$162,000
No
First
Oct 3, 2016
Nov 2046
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,353
$206,268
61%
39%
$972/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,142/mo
+$1,168/mo
8.3%
