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$439,142

NAL Estimated Property Value

5510 Challenger Court, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.73 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Microwave, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,665 sqft

Building Information

Year Built2002
Stories1
Garage Spaces2

Land Information

APN3358-000A-0005-00-0R
Lot Number5
SubdivisionChandlers Landing #17
Land UseResidential
Legal DescriptionCHANDLERS LANDING #17, BLOCK A, LOT 5, (REPLAT)
Census Tract040510
Assessed Land Value$172,050
Assessed Improvement Value$267,092
Assessment Year2025

About this property

Drastic price reduction! Brand new roof, new granite counter tops, dishwasher, wood floors!!Traditional 2-story brick garden home on a quiet cul-de-sac in popular gated lakeside Chandlers Landing w-24 hr guarded entrance & security patrol, parks, ponds, 2 pools, tennis, restaurant club house & marina. Steps away from large park with picnic & playground areas. Guest bedroom down, loft, spacious master & another bdrm up. Spacious formal living & dining room with cathedral ceilings, updated kitchen w-breakfast bar open to cozy family room w-WBFP. Newer water heater & replaced upstairs HVAC unit. Improved low maintenance backyard w-tiered planters & stone retaining walls separated by dual stone paved steps.

Investor Tools

Property Icon
$439,142
Estimated Property Value
$237,347Estimated Mortgage Balance
$201,795Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,635 /month
Positive
Cash Flow Estimate:
$878 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$453/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,243
$439,142
2025
$172,050
$267,092
$439,142
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,243
$439,142

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amcap Mortgage Ltd
Conventional
$206,500
No
First
Mar 29, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,347
$201,795
45%
54%
$1,539/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,654/mo
+$656/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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5510 Challenger Court | Property Details | No Agent List