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B+
NoAgentList RatingHow are grades calculated? Info

$208,000

438 Yacht Club Drive C, Rockwall, TX, 75032

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths892 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$173.77 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Vented Exhaust Fan

Exterior

Private PoolPrivate Pool
Exterior FeaturesTennis Court(s)
Lot Size1,481 sqft

Building Information

Year Built1990
Stories1

Land Information

APN3460-0411-A005-00-0R
SubdivisionCutter Hill #2
Land UseResidential
Legal DescriptionCUTTER HILL PHASE #2 UNIT A-5 BLDG 4 0.0337 AC 438C YACHT CLUB DR SO
Census Tract040510
Assessed Land Value$109,200
Assessed Improvement Value$79,117
Assessment Year2025

About this property

Spacious open one bedroom condo. Wood burning fireplace. Updated counter tops in both kitchen and bath. Vinyl plank flooring. Landscaped patio area. Tennis court within 1 minute walk from condo. Enjoy resort living with pool, tennis courts, country club with sports bar, restaurant and lake access.

Investor Tools

Property Icon
$208,000
Estimated Property Value
$0Estimated Mortgage Balance
$62,693Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,248 /month
Positive
Cash Flow Estimate:
$416 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$242/month
$259/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,861
$188,317
2025
$109,200
$79,117
$188,317
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,861
$188,317

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sepulvada Homes Llc
Commercial
$150,000
No
First
Aug 23, 2024
Sep 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,307
$62,693
30%
70%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
$1,159/mo
+$391/mo
8.9%

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.

Explore Texas Explore This Area
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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438 Yacht Club Drive C | Property Details | No Agent List