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$264,000

NAL Estimated Property Value

315 Lakeside Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,648 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.84 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Electric Oven, Electric Range, Microwave, Refrigerator
FlooringTile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size6,403 sqft

Building Information

Year Built2008
Stories1
Garage Spaces1

Land Information

APN5370-000A-0117-00-0R
Lot Number117
SubdivisionRockwall Lake Est #1
Land UseResidential
Legal DescriptionROCKWALL LAKE EST #1, BLOCK A, LOT 117
Census Tract040503
Assessed Land Value$46,000
Assessed Improvement Value$192,181
Assessment Year2025

About this property

*Seller to contribute up to 2% closing costs as allowable* Welcome to this delightful two-story home featuring 3 bedrooms and 2 bathrooms, thoughtfully designed for comfortable living. Step inside to find stain-finished cabinets and laminate countertops in the kitchen, complemented by sleek black appliances—perfect for everyday cooking and entertaining. The home showcases a mix of vinyl and tile flooring throughout, adding durability and style to each room. Cozy up next to the fireplace in the inviting living area, ideal for relaxing evenings. Enjoy the convenience of a carport for covered parking and take advantage of the large backyard, offering plenty of space for gatherings, pets, or play. The patio area provides the perfect spot for outdoor dining or lounging. Don’t miss this wonderful opportunity to own a charming home with both indoor comfort and outdoor space—schedule your tour today!

Investor Tools

Property Icon
$264,000
Estimated Property Value
$239,807Estimated Mortgage Balance
$24,193Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$366/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,075
$238,181
2025
$46,000
$192,181
$238,181
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,075
$238,181

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Clearedge Lending Llc
Conventional
$243,000
No
First
Aug 5, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,807
$24,193
9%
91%
$1,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,457/mo
+$853/mo
10.5%

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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315 Lakeside Dr | Property Details | No Agent List