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$875,000

NAL Estimated Property Value

507 Norbury Dr, Rockwall, TX, 75032

$891,755 ARVInfo
Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,624 Sq Ft
price_per_sqft$255.24 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Tankless Water Heater, Wine Cooler
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size1.62 acres

Building Information

Year Built2022
Garage Spaces3

Land Information

APNS5239-000C-0021-00-0R
Lot Number21
SubdivisionWellington Manor Phase Two
Land UseResidential
Legal DescriptionWELLINGTON MANOR PHASE TWO, BLOCK C, LOT 21
Census Tract040508
Assessed Land Value$113,177
Assessed Improvement Value$761,823
Assessment Year2025

About this property

Welcome to your dream property! This stunning home is situated on a spacious 1.6-acre lot, offering you the perfect blend of luxury and comfort. With its impressive features and beautiful surroundings, this property is truly a gem. The house boasts 5 bedrooms and 4 bathrooms, providing ample space for your family and guests.The heart of the home is the elegant living area, complete with a built-in fireplace that adds warmth and charm to the space. Escape the hustle and bustle of everyday life and enter your own personal paradise, this property features a sparkling pool, perfect for cooling off during the hot summer months. Located in a desirable neighborhood, this home offers the best of both worlds - tranquility and convenience. Enjoy the peace and quiet of your own private retreat while still being just a short drive away from Highly desirable Rockwall ISD schools, shopping centers, restaurants, and more.Don't miss the opportunity to make this stunning property your own!

Investor Tools

Property Icon
$875,000
Estimated Property Value
$717,021Estimated Mortgage Balance
$157,979Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$891,755
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,550 /month
Positive
Cash Flow Estimate:
$1,850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$988/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,478
$875,000
2025
$113,177
$761,823
$875,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,478
$875,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ocmbc Inc
Conventional
$743,750
No
First
May 8, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$717,021
$157,979
18%
82%
$4,460/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$5,160/mo
$-2,850/mo
3.2%

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: Rockwall

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507 Norbury Dr | Property Details | No Agent List