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$370,000

NAL Estimated Property Value

509 Mariner Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,874 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.28 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Refrigerator
FlooringCarpet

Exterior

Lot Size3,093 sqft

Building Information

Year Built2003
Stories2
Garage Spaces2

Land Information

APN3358-000E-0010-00-0R
Lot Number10
SubdivisionChandlers Landing #17
Land UseResidential
Legal DescriptionCHANDLERS LANDING #17, BLOCK E, LOT 10
Census Tract040510
Assessed Land Value$149,850
Assessed Improvement Value$184,890
Assessment Year2025

About this property

Come enjoy the relaxed lifestyle of Chandler's Landing in this updated 3-bedroom, 2.5-bath townhouse with a 2-car garage. Located in one of Rockwall's most scenic and established neighborhoods, this home offers comfortable living just a short walk from the lake. Step inside to find an open and inviting floor plan featuring fresh finishes, abundant natural light, and contemporary design touches. The living area flows seamlessly into a beautifully kitchen, stainless steel appliances, and ample counter space--ideal for both everyday living and entertaining. Chandler's Landing is a gated community known for its friendly feel, walking trails, and unbeatable location near the water. As a renter, you'll get full access to the community's amenities--including tennis and pickleball courts, swimming pools, and a recently remodeled restaurant on site--all covered by the owner through the HOA dues. This home is zoned to top-rated Rockwall ISD schools and is just minutes from local shopping and dining. Rent it just in time for the 4th of July and enjoy one of the best fireworks shows in the area--right from your own backyard or a short stroll to the lakefront. If you're looking for a low-maintenance, well-located home in a neighborhood with true character, this might be the right fit.

Investor Tools

Property Icon
$370,000
Estimated Property Value
$195,957Estimated Mortgage Balance
$174,043Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,220 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,112
$334,740
2025
$149,850
$184,890
$334,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,112
$334,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$217,500
No
First
Mar 19, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$195,957
$174,043
47%
53%
$1,305/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.

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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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509 Mariner Dr | Property Details | No Agent List