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$312,955

NAL Estimated Property Value

314 Westwood Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,302 Sq Ft
price_per_sqft$221.97 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Refrigerator
FlooringCeramic Tile, Vinyl, Wood

Exterior

Lot Size6,926 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN5298-000M-0004-00-0R
Lot Number4
SubdivisionWindmill Ridge Estates #3b
Land UseResidential
Legal DescriptionWINDMILL RIDGE ESTATES #3B, BLOCK M, LOT 4
Census Tract040503
Assessed Land Value$130,000
Assessed Improvement Value$182,955
Assessment Year2025

About this property

Welcome to your dream home! This beautifully maintained 3-Bedroom, 2-bathroom residence with a 2-car garage. Location is everything with this house and more, offering the perfect blend of comfort and convenience. Upgraded to suit your taste, this home features fresh paint, a brand-new AC unit, and a tile-accented wood burning fireplace that adds warmth and character to the living area. With spacious rooms that serve as a blank canvas. This home is ready for you to come in and add your personal touch. Whether you're looking to entertain or unwind, this inviting space is ready to become a sanctuary for its forever family.

Investor Tools

Property Icon
$312,955
Estimated Property Value
$281,851Estimated Mortgage Balance
$31,104Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,878 /month
Positive
Cash Flow Estimate:
$626 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$564/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,198
$312,955
2025
$130,000
$182,955
$312,955
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,198
$312,955

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jackson Flagstar Centre Office
Fha
$288,674
Yes
First
Jan 13, 2025
Feb 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$281,851
$31,104
9%
90%
$1,731/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,731/mo
+$579/mo
8.9%

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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314 Westwood Dr | Property Details | No Agent List