Last 24 Hours
$240,000
NAL Estimated Property Value487 Cedar Grove Rd, Rockdale, TX, 76567
Off Market
3 Beds
2 Bath
1,168 Sq Ft
$162.59 / sqft
Built in 1974Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
Bedrooms 3
Bathrooms Full 2AppliancesGas Range
FlooringCarpet, Vinyl
Exterior
Exterior FeaturesNone
Lot Size1.11 acres
Building Information
Year Built1974
Garage Spaces1
Land Information
APNR12435
Lot Number28
Land UseResidential
Legal DescriptionS24500 TOMERLIN - MINERVA LOT 28
Census Tract950300
Assessed Land Value$64,150
Assessed Improvement Value$155,780
Assessment Year2025
About this property
Situated in Rockdale, Texas, this one owner property encompasses 1.1 acres and features a cozy 3-bedroom, 1-bathroom house with a convenient 1-car garage. The spacious land offers potential for outdoor activities or expansion. With a blend of rural charm and residential comfort, this property provides a welcoming home in the outskirts of Rockdale.
Investor Tools
$240,000
Estimated Property Value
$166,719Estimated Mortgage Balance
$73,546Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,440 /month
Positive
Cash Flow Estimate:
$480 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$251/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,814
$219,930
2025
$64,150
$155,780
$219,930
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,814
$219,930
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primis Mortgage Co
Fha
$171,830
Yes
First
Aug 6, 2024
Sep 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$166,719
$65,281
28%
69%
$1,031/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,455/mo
$1,031/mo
+$424/mo
7.3%
12.4%