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$350,000

401 E Boydstun Ave, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.83 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Range, Gas Water Heater, Microwave, Double Oven
FlooringHardwood, Laminate

Exterior

Lot Size11,195 sqft

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces2

Land Information

APN4505-000A-0001-00-0R
Lot Number1
SubdivisionNancy D
Land UseResidential
Legal DescriptionNANCY D, LOT 1, ACRES 0.257
Census Tract040305
Assessed Land Value$160,950
Assessed Improvement Value$146,649
Assessment Year2025

About this property

Looking for a house with multiple possibilities? Don’t miss this fabulous opportunity. Sprawling 1 story multigenerational home with the perfect location near downtown Rockwall. Listed as a 4 bed 2 bath, this home truly offers two separate living spaces. The front part of the house is a full 3 bed 1 bath with spacious kitchen and separate dining room. The back part has its own entrance and can be a 1 bed 1 bath with full kitchen and living room. The house needs work but could be lived in while the work is being done. Seller will not make repairs, but foundation was repaired in 2022, roof was replaced in 2018, energy-efficient windows added in 2022, and front HVAC was replaced in 2017. The house is conveniently located to downtown Rockwall, city services, restaurants, shopping and highways. Stackable washer and dryer stays with house.

Investor Tools

Property Icon
$374,000
Estimated Property Value
$312,000Estimated Mortgage Balance
$79,163Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,244 /month
Positive
Cash Flow Estimate:
$748 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$452/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,558
$307,599
2025
$160,950
$146,649
$307,599
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,558
$307,599

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Va
$312,000
Yes
First
May 19, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$294,837
$79,163
21%
79%
$1,871/mo

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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401 E Boydstun Ave | Property Details | No Agent List