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$240,000

NAL Estimated Property Value

487 Cedar Grove Rd, Rockdale, TX, 76567

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,168 Sq Ft
price_per_sqft$162.59 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
AppliancesGas 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

Property Icon
$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

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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%

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: Rockdale

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487 Cedar Grove Rd | Property Details | No Agent List