6view

Owner Contacts

$732,251

NAL Estimated Property Value

325 Mariah Bay Dr, Heath, TX, 75032

Off Market

4 Beds

3 Bath

3,119 Sq Ft

$229.24 / sqft

Built in 1988

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Wine Cooler

Exterior

Private Pool

Exterior FeaturesRain Gutters

Lot Size20,038 sqft

Building Information

Year Built1988

Stories1

Garage Spaces2

Land Information

APN4347-0000-0077-00-0R

Lot Number77

SubdivisionMariah Bay

Land UseResidential

Legal DescriptionMARIAH BAY, LOT 77

Census Tract040510

Assessed Land Value$300,000

Assessed Improvement Value$432,251

Assessment Year2025

About this property

Open House Sunday, June 14th 12-3PM. Welcome to Mariah Bay! A beautiful and established neighborhood that is nestled among mature trees in the heart of Heath and just a stones throw from Lake Ray Hubbard! This home sits on nearly a half acre lot that backs up to a beautifully treed greenspace. Thoughtfully designed one story floor plan complete with 4 bedrooms, 3 bathrooms, 2 huge living areas, a formal dining and your very own backyard oasis! Oversized primary bedroom with ensuite that includes jetted tub, seperate shower and a spacious walk in closet. Two secondary bedrooms with Jack and Jill bath. Private 4th bedroom with its own adjacent bathroom that can also double as a pool bathroom. Recent updates include refinished swimming pool and water feature, all new HVAC, interior paint, lighting and light fixtures, new wood flooring and newly painted fence. This home is zoned for the highly sought after Amy Parks Heath Elementary in the award winning Rockwall ISD.

Investor Tools

$732,251

Estimated Property Value

$491,273Estimated Mortgage Balance

$241,880Estimated Equity

32% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$4,394 /month

Positive

Cash Flow Estimate:

$1,465 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$1,095/month

$150/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$9,482

$732,251

2025

$300,000

$432,251

$732,251

Tax History

Year

Tax Paid

Assessed Value

2024

$9,482

$732,251

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Fairway Independent Mortgage Corp

Conventional

$532,000

First

May 26, 2022

Jun 2052

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$491,273

$241,727

32%

67%

$3,190/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,010/mo

$3,340/mo

$-330/mo

4.9%

Learn About the Market: Opportunity in Texas

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.

Explore This Area