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$674,000

NAL Estimated Property Value

517 Nakoma Drive, Rockwall, TX, 75087

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,966 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.16 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Gas Oven, Microwave, Plumbed For Ice Maker

Exterior

Lot Size7,536 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNS5112-000C-0012-00-0R
Lot Number12
SubdivisionStone Creek Phase Vii
Land UseResidential
Legal DescriptionSTONE CREEK PHASE VII, BLOCK C, LOT 12
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$533,220
Assessment Year2025

About this property

Boasting 5 beds and 4 baths this like-new home is perfect for family and friends. Enjoy subtle owner upgrades to improve the already terrific finishes. This home has it all...upstairs loft AND game room, downstairs Master for space and privacy, with a guest room and en-suite bath. Sprawling 12 foot island, and a stunning two-story family room with 18 ft. ceilings that invites natural light. Pocket office and large eat-in space! Formal dining sitting room and front office make ideal space for working at home. Covered patio backs up to the quiet walking trails. New Hamm Elementary in the neighborhood Fall 2020. So much space and value. Bonus: Appliances stay and 2K at closing. This won't last!

Investor Tools

Property Icon
$674,000
Estimated Property Value
$372,530Estimated Mortgage Balance
$301,470Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,044 /month
Positive
Cash Flow Estimate:
$1,348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,202/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,054
$667,080
2025
$133,860
$533,220
$667,080
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,054
$667,080

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$421,034
Yes
First
Jun 23, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$372,530
$301,470
44%
55%
$2,525/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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517 Nakoma Drive | Property Details | No Agent List