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$375,978

NAL Estimated Property Value

3917 Mediterranean St, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,764 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.33 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony, Rain Gutters
Lot Size1,612 sqft

Building Information

Year Built2011
Stories2
Roof Type104
Garage Spaces2

Land Information

APN4250-000C-0026-00-0R
Lot NumberC26,C27
SubdivisionLakeside Village #1
Land UseResidential
Legal DescriptionLAKESIDE VILLAGE #1, LOT C26 & C27
Census Tract040303
Assessed Land Value$187,000
Assessed Improvement Value$188,978
Assessment Year2025

About this property

Tucked into the gated, resort-style community of Lakeside Village on Lake Ray Hubbard, this updated Mediterranean two-story blends timeless stucco-and-tile architecture with fresh, move-in-ready interiors. A wrought-iron glass front door with a keyed handle-set opens to a dramatic living room crowned by soaring vaulted ceilings, where skylights and walls of new windows pour natural light over new luxury vinyl plank flooring and a cozy fireplace. A carpeted staircase with a black iron railing rises past two skylights to the upper level. The vaulted dining room is anchored by an elegant chandelier, and the kitchen features freshly painted cabinetry with new hardware, granite counters, a travertine-tile backsplash, and stainless-steel range, refrigerator, and dishwasher, plus a built-in microwave. It opens to an in-kitchen breakfast area with ceiling fan and a utility space with washer and dryer hookups, and overlooks the covered back patio through sliding glass doors, where a low iron fence frames greenbelt views and a playground just beyond. Recent updates include a new AC heat pump (2019), new windows, an updated balcony (2021), and new carpet and flooring throughout. The downstairs primary suite offers a private ensuite with a marble-tiled walk-in shower, mosaic floor, and a custom sliding barn-door storage nook, plus a separate vanity and two double-door closets. A second bedroom features its own chandelier and mirrored closet, while the other upstairs bedroom enjoys a private balcony overlooking the greenbelt. Outside, the community delivers resort-style living: a golf course, pool with cabana, tennis, basketball, and pickleball courts, parks, and a clubhouse, plus golf and tennis associations and year-round social events. Entry is through a monitored security gate with separate resident and guest lanes, gate-code or call-in access, security cameras, and sits next door to Harbor Bay Marina. Two-car attached garage. Not in a flood zone and zoned to Rockwall ISD.

Investor Tools

Property Icon
$375,978
Estimated Property Value
$192,240Estimated Mortgage Balance
$183,738Estimated Equity
48% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,256 /month
Positive
Cash Flow Estimate:
$752 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$318/month
$157/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,933
$375,978
2025
$187,000
$188,978
$375,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,933
$375,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leaderone Financial Corp
Conventional
$222,400
No
First
Sep 27, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,240
$183,738
48%
51%
$1,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,491/mo
+$819/mo
7.4%

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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3917 Mediterranean St | Property Details | No Agent List