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$48,000

NAL Estimated Property Value

407 S Rockwall Ave, Terrell, TX, 75160

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size13,983 sqft

Land Information

APN00.3720.0246.0005.00.06.06
Lot Number5A
SubdivisionTerrell Revised
Land UseResidential
Legal DescriptionTERRELL REVISED, BLOCK 246, LOT 5A
Census Tract050500
Assessed Land Value$36,705
Assessment Year2025

About this property

INFORMATION BELIEVED TO BE ACCURATE, BUT NOT GUARANTEED. BUYERS TO VERIFY ALL INFORMATION AND DO THEIR DUE DILIGENCE ON THE PROPERTY.

Investor Tools

Property Icon
$48,000
Estimated Property Value
$28,570Estimated Mortgage Balance
$19,430Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$300 /month
Positive
Cash Flow Estimate:
$100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$88/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$821
$36,705
2025
$36,705
N/A
$36,705
No

Tax History

Year
Tax Paid
Assessed Value
2024
$821
$36,705

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of Desoto Na
Unknown
$30,550
No
First
Nov 17, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$28,570
$19,430
40%
60%
$184/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: Terrell

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407 S Rockwall Ave | Property Details | No Agent List