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$476,204

3146 Bourbon Street Circle, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,122 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.43 / sqft
Year BuiltBuilt in 1993

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

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, Double Oven
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size3,659 sqft

Building Information

Year Built1993
Stories2
Garage Spaces2

Land Information

APN4605-000B-0010-00-0R
Lot Number10
SubdivisionOrleans On The Lake
Land UseResidential
Legal DescriptionORLEANS ON THE LAKE, BLOCK B, LOT 10
Census Tract040510
Assessed Land Value$170,000
Assessed Improvement Value$306,204
Assessment Year2025

About this property

*5,000 BUYER CREDIT WITH ACCEPTABLE OFFER!* Discover this beautifully updated garden home in a charming lakeside community just steps from the shoreline of Lake Ray Hubbard. Built in 1993 and offering 2,122 sq ft, this low-maintenance property blends comfort, style, and convenience with 3 bedrooms, 2.5 baths, and thoughtful upgrades throughout. The main level is designed for effortless entertaining, featuring an open living area with a cozy fireplace, a welcoming seating nook, and a dining space that flows into the kitchen. The kitchen is equipped with granite counters, stainless steel appliances, double ovens, and dual pantry spaces, making it as functional as it is inviting. A convenient half bath serves guests downstairs. Upstairs, all bedrooms are tucked away for privacy. The spacious primary suite includes a private balcony overlooking stunning Texas sunsets, plus an ensuite bath with double sinks, a separate soaking tub, and a walk-in shower. Two secondary bedrooms share a well-appointed full bath. Back on the main level, a bright sunroom opens to a covered patio with stamped concrete and a quaint turf yard installed in 2023—perfect for easy outdoor living. Major updates include energy-efficient Alaskan Window Systems (2023) with a lifetime transferable warranty, eco-smart thermostats (2023), and a freshly painted garage (2024). Enjoy evening strolls to The Harbor District, where dining, shopping, and lakeside views create the perfect backdrop for summer nights along the calm waters of Lake Ray Hubbard.

Investor Tools

Property Icon
$476,204
Estimated Property Value
$0Estimated Mortgage Balance
$250,926Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,857 /month
Positive
Cash Flow Estimate:
$952 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$806/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,296
$476,204
2025
$170,000
$306,204
$476,204
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,296
$476,204

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pennymac Loan Services Llc
Fha
$246,230
Yes
First
Dec 23, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$225,278
$250,926
52%
47%
$1,477/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,777/mo
+$533/mo
5.8%

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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3146 Bourbon Street Circle | Property Details | No Agent List