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$659,000

$679,000

423 Jordan Farm Cir, Rockwall, TX, 75087

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,610 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.49 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringHardwood, Tile

Exterior

Lot Size7,492 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN4621-000D-0037-00-0R
Lot Number37
SubdivisionPark Place West Ph Ii Addition
Land UseResidential
Legal DescriptionPARK PLACE WEST PH II ADDITION, BLOCK D, LOT 37, (REPLAT 2007)
Census Tract040305
Assessed Land Value$125,000
Assessed Improvement Value$491,419
Assessment Year2025

About this property

Nestled in Park Place, one of Rockwall's highly sought-after communities, this traditional home offers timeless character and a welcoming front porch setting that overlooks a park-like open space. Inside, rich hardwood floors, crown molding, and an open floorplan set the tone throughout the main living areas. The spacious living room serves as the heart of the home, anchored by a gas fireplace flanked by built-in cabinets, creating a warm gathering space for everyday living. The kitchen is a true standout, featuring a center island, farm sink, and generous built-in storage, all designed for both function and style. The adjacent dining area offers a comfortable, connected space for hosting and everyday meals. The primary suite is conveniently located on the main level, offering a private retreat complete with dual sinks, a garden tub, separate shower, and a spacious walk-in closet. Upstairs, additional bedrooms provide comfortable space for family or guests, each featuring ceiling fans and walk-in closets. Outside, enjoy the screened-in back porch, ideal for relaxing among mature trees that create a peaceful, private backdrop. The HOA includes lawn maintenance, offering residents a low-maintenance lifestyle along with access to a clubhouse and community pool, all within close proximity to Harry Myers Park, downtown Rockwall, shopping, dining, and I-30. This home offers the character, comfort, and sense of community that make Park Place one of Rockwall's most recognized neighborhoods.

Investor Tools

Property Icon
$728,000
Estimated Property Value
$250,000Estimated Mortgage Balance
$501,442Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,368 /month
Positive
Cash Flow Estimate:
$1,456 /month

Interested in this property?

Deborah Branch

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$970/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,997
$616,419
2025
$125,000
$491,419
$616,419
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,997
$616,419

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$250,000
No
First
Aug 30, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,995
$501,005
68%
31%
$1,499/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,699/mo
+$1,311/mo
5.0%

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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423 Jordan Farm Cir | Property Details | No Agent List