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$59,000

418 Evans Road, Rockwall, TX, 75032

PendingInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,187 sqft

Land Information

APN5380-0000-1411-00-0R
Lot Number1411
SubdivisionRockwall Lake Est #2
Land UseResidential
Legal DescriptionROCKWALL LAKE EST #2, LOT 1411
Census Tract040503
Assessed Land Value$45,511
Assessment Year2025

About this property

Build your dream home in the heart of Rockwall! This approximately 60' x 120' residential lot offers the perfect opportunity to create a custom home in an established neighborhood just minutes from beautiful Lake Ray Hubbard. With plenty of space to design the home you've always envisioned, this property combines flexibility with an unbeatable location. Enjoy the convenience of being just a short drive from The Harbor, where you'll find waterfront dining, shopping, entertainment, and scenic lake views. With easy access to major highways, top-rated Rockwall ISD schools, and all the amenities Rockwall has to offer, this is a rare opportunity to secure a homesite in one of the area's most desirable communities. Don't miss your chance to bring your vision to life!

Investor Tools

$0Estimated Mortgage Balance
$102,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$612 /month
Positive
Cash Flow Estimate:
$204 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$105/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$751
$45,511
2025
$45,511
N/A
$45,511
No

Tax History

Year
Tax Paid
Assessed Value
2024
$751
$45,511

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$102,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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418 Evans Road | Property Details | No Agent List