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$191,000

NAL Estimated Property Value

537 Russell Dr, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$98.21 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Off-Market ListDeal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Dryer, Electric Range, Refrigerator, Washer

Exterior

Lot Size15,594 sqft

Building Information

Year Built1991
Stories1
Garage Spaces2

Land Information

APN5380-0000-1263-00-0R
SubdivisionRockwall Lake Est #2
Land UseResidential
Legal DescriptionROCKWALL LAKE EST #2, LOT 1263 & 1264
Census Tract040503
Assessed Land Value$77,561
Assessed Improvement Value$47,304
Assessment Year2025

About this property

This cute mobile home sits on a double corner lot with nice curb appeal! Completely fenced with lots of room to roam. Nice big trees for that summer time shade. Sit out on the front deck and enjoy your morning coffee. Large back yard with a shed. Double car carport. The home offers 3 bedrooms and 2 full baths, spacious living room with a beautiful raised hearth fireplace that currently is not functioning, but can be brought back to life. Central HVAC system and water heater is only 2 years old. Newer Anderson windows in the main areas. Nice size kitchen with eat in dining area. All appliances stay fridge, stove washer and dryer. Seller is motivated for a quick sale so the home is priced accordingly. As is no repairs. A property like this in this price range on a double lot in Rockwall is hard to find!

Investor Tools

Property Icon
$191,000
Estimated Property Value
$0Estimated Mortgage Balance
$191,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,146 /month
Positive
Cash Flow Estimate:
$382 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$232/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$124,865
2025
$77,561
$47,304
$124,865
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$124,865

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$191,000
100%
0%
$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.

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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537 Russell Dr | Property Details | No Agent List