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B+
NoAgentList RatingHow are grades calculated? Info

$399,900

539 Tall Oaks Pl, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,876 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.17 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Ceramic Tile

Exterior

Lot Size16,117 sqft

Building Information

Year Built1996
Stories1
Garage Spaces1

Land Information

APN4722-000B-0016-00-0R
Lot Number16
SubdivisionRandom Oaks At The Shores
Land UseResidential
Legal DescriptionRANDOM OAKS AT THE SHORES, BLOCK B, LOT 16
Census Tract040103
Assessed Land Value$162,800
Assessed Improvement Value$201,050
Assessment Year2025

About this property

Bring your RV or boat here & save money on storage fees! This cul-de-sac corner lot has a huge yard AND a 44 foot long RV or boat parking in addition to a large patio for outdoor entertaining. The mature trees provide needed shade in the summer & are just beautiful year round. Inside the home there is a split floor plan with the primary bedroom on one side & the secondary bedrooms on the other side of the house for privacy. Nice sized closets in all the bedrooms as well as a lot of natural light too. The kitchen is really functional & spacious with an abundance of cabinetry & a large eat in kitchen. Off the kitchen is an open space for a formal dining room with easy assess to the kitchen, which is perfect for the holidays or entertaining. The living room has a wonderful fireplace & mantle and plenty of room for relaxing & movie watching! This home has been owned by the same owner since 1996. Yes, there is some wallpaper to remove & some carpeting to replace, but this home has great bones & amenities to offer that you can't find in a cookie cutter neighborhood. Access to downtown Rockwall's fine restaurants & shopping is just a few minutes away. The location is ideal & the lot is a true find in Rockwall. Cosmetic changes are easy to make so don't overlook this wonderful property!!!

Investor Tools

Property Icon
$368,000
Estimated Property Value
$381,954Estimated Mortgage Balance
$0Estimated Equity
-4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$217/month
$373/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$761
$363,850
2025
$162,800
$201,050
$363,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$761
$363,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wyoming Bank & Trust
Fha
$381,954
Yes
First
Feb 20, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$373,504
N/A
0%
101%
$2,291/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,664/mo
$-354/mo
7.5%

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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539 Tall Oaks Pl | Property Details | No Agent List