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$335,621

NAL Estimated Property Value

3079 Fallbrook Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,934 Sq Ft
price_per_sqft$163.91 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
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

Property Icon
$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

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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%

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.

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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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3079 Fallbrook Dr | Property Details | No Agent List