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$249,900

531 Sierra Dr, Rockdale, TX, 76567

Under ContractInfo
Beds4 Beds
Baths3 Bath
Baths2,380 Sq Ft
price_per_sqft$105 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 3Bathrooms 3
AppliancesElectric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet Free, Laminate, Tile

Exterior

Exterior FeaturesNo Exterior Steps, Rain Gutters, Rv Hookup
Lot Size33,750 sqft

Building Information

Year Built2005
Garage Spaces8

Land Information

APNR23228
Lot Number2-3,10
Land UseResidential
Legal DescriptionS16900 PRAESEL II BLK 3 LOT 2 & 3 & 10
Census Tract950300
Assessed Land Value$44,940
Assessed Improvement Value$273,070
Assessment Year2025

About this property

Discover the space and flexibility you've been looking for in this well-maintained 4-bedroom, 2.5 bath home situated on approximately 0.78 acres in Milam County. Offering approximately 2,340 square feet, this home has been partially updated while maintaining its timeless character. Inside, you'll appreciate the no-carpet flooring throughout for easy maintenance. The spacious floor plan provides plenty of room for everyday living and entertaining. Outside is where this property truly shines! In addition to the large backyard, you'll find an oversized attached garage with attic space, shop/workshop, covered RV parking with RV electrical hookups, making it an excellent property for hobbyists, travelers, or anyone needing extra storage and workspace. The shop/workshop has electricity, water, a sink, and AC/heat. Whether you're looking for room to spread out, space for your recreational vehicles, or a home with practical updates and endless potential, this property offers a unique opportunity just minutes from schools, shopping, and the conveniences of Rockdale.

Investor Tools

$69,947Estimated Mortgage Balance
$362,053Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,592 /month
Positive
Cash Flow Estimate:
$864 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$275/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,145
$318,010
2025
$44,940
$273,070
$318,010
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,145
$318,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$91,575
Yes
First
Aug 21, 2015
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,947
$362,053
83%
16%
$0/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: Rockdale

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531 Sierra Dr | Property Details | No Agent List