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$779,000

NAL Estimated Property Value

503 Norbury Dr, Rockwall, TX, 75032

$838,242 ARVInfo
Off MarketInfo
Beds5 Beds
Baths5 Bath
Baths3,375 Sq Ft
price_per_sqft$236.74 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Electric Oven, Gas Cooktop, Microwave, Tankless Water Heater

Exterior

Lot Size1.62 acres

Building Information

Year Built2021
Garage Spaces4

Land Information

APNS5239-000C-0020-00-0R
Lot Number20
SubdivisionWellington Manor Phase Two
Land UseResidential
Legal DescriptionWELLINGTON MANOR PHASE TWO, BLOCK C, LOT 20
Census Tract040508
Assessed Land Value$113,177
Assessed Improvement Value$665,823
Assessment Year2025

About this property

Welcome to this stunning single-story home situated on 1.6-acre lot just outside the city. With 5 bedrooms and 5 bathrooms, this property offers a perfect balance of space and luxury. As you step inside, you'll be greeted by a grand foyer that sets the tone for the rest of the residence. The open floor plan seamlessly connects the main living areas, creating an ideal space for entertaining and family gatherings. The abundance of large windows allows natural light to flood the home, creating a bright and inviting atmosphere. This home is located in the highly acclaimed Rockwall Independent School District. With easy access to the city, you can enjoy the best of both worlds – the tranquility of country living and the conveniences of urban life. Don't miss the opportunity to make this exquisite single-story home yours. It is truly a gem! Schedule a showing today and experience the epitome of modern living in this remarkable property, right outside the city limits.

Investor Tools

Property Icon
$779,000
Estimated Property Value
$0Estimated Mortgage Balance
$779,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$838,242
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$987/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,954
$779,000
2025
$113,177
$665,823
$779,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,954
$779,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$779,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$700/mo
+$1,610/mo
3.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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