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$189,900

440 Yacht Club Drive B, Rockwall, TX, 75032

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,048 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$181.2 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

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

Exterior

Exterior FeaturesBalcony, Rain Gutters, Tennis Court(s)
Lot Size1,742 sqft

Building Information

Year Built1980
Stories1

Land Information

APN3460-0411-A015-00-0R
SubdivisionCutter Hill #2
Land UseResidential
Legal DescriptionCUTTER HILL PHASE #2 UNIT B-5 BLDG 2 0.0396 AC 440B YACHT CLUB DR SO
Census Tract040510
Assessed Land Value$109,200
Assessed Improvement Value$70,783
Assessment Year2025

About this property

MULTIPLE OFFERS RECEIVED! Highest and Best deadline tomorrow, Sunday 1-23-22, at 5 pm. You will love this wonderfully updated, resort style living condo, on Lake Ray Hubbard! Located in award winning Rockwall ISD, you are also close to lakeside entertainment and all your community essentials. This one bedroom, one bath condo also features a walkout patio with easy access to boat docks, marina, boardwalk, private sandy beach area and Chandler's Landing amazing restaurant, The Yacht Club. Other outdoor activities include; pools, parks, tennis courts, sailing, and trails for hiking, walking and bike riding. Don't miss your chance on this beautiful place you can soon call home!

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$43,432Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$333/month
$295/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,011
$179,983
2025
$109,200
$70,783
$179,983
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,011
$179,983

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$168,000
No
First
Feb 25, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$154,568
$43,432
21%
78%
$1,008/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.

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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440 Yacht Club Drive B | Property Details | No Agent List