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$465,000

407 Yacht Club Dr, Rockwall, TX, 75032

$592,064 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,945 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.89 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 3Bathrooms 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCeramic Tile, Wood

Exterior

Lot Size9,278 sqft

Building Information

Year Built1980
Stories1
Roof Type104
Garage Spaces2

Land Information

APN3340-0000-0004-00-0R
Lot Number4
SubdivisionChandlers Landing #9
Land UseResidential
Legal DescriptionCHANDLERS LANDING #9, LOT 4
Census Tract040510
Assessed Land Value$227,550
Assessed Improvement Value$236,421
Assessment Year2025

About this property

Priced so you can make it your own, this one-owner 1980s home with views of Lake Ray Hubbard offering a fantastic opportunity to update and design this ONE STORY home exactly to your taste, all within this sought-after gated community featuring a clubhouse, tennis courts, playgrounds, and scenic ponds. Live life to the fullest in this one story Chandlers Landing home. Built when homes had large bedrooms, walk in closets and built-ins this is not your cookie cutter floor plan. Focus on spending time with family and friends in gathering spaces. Beautiful views of Lake Ray Hubbard can be enjoyed from every room along the back of the house. The primary bedroom has a walk in cedar closet as well as two additional closets in the bathroom. The secondary bedrooms share a jack and jill bathroom, each with their own sink and walk in closet. Entertain in the grand dining room or spacious living room. The enclosed sunroom is cooled and heated, making it a great place to watch the sunset year round. Your options are unlimited! Enjoy the added convenience of the community pool just a short walk away while living in one of Rockwall’s most desirable lakefront neighborhoods.

Investor Tools

Property Icon
$480,000
Estimated Property Value
$499,500Estimated Mortgage Balance
$47,076Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$592,063
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,880 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
$242/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,023
$463,971
2025
$227,550
$236,421
$463,971
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,023
$463,971

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Finance Of America Reverse Llc
Reverse Mortgage / Hecm
$499,500
No
First
Oct 3, 2020
Oct 2085

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$432,924
$47,076
9%
90%
$2,016/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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407 Yacht Club Dr | Property Details | No Agent List