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$562,051

NAL Estimated Property Value

5522 Challenger Court, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,315 Sq Ft
price_per_sqft$198.27 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,237 sqft

Building Information

Year Built2011
Stories1
Garage Spaces2

Land Information

APN3358-000A-0011-00-0R
Lot Number11
SubdivisionChandlers Landing #17
Land UseResidential
Legal DescriptionCHANDLERS LANDING #17, BLOCK A, LOT 11-R, (REPLAT-2002)
Census Tract040510
Assessed Land Value$172,050
Assessed Improvement Value$390,001
Assessment Year2025

About this property

Located in the Chandlers Landing community of Rockwall Texas in Rockwall County & zoned to Rockwall ISD, this 4 bedroom, 2 full bathroom & 1 half bathroom home offers approximately 2,315 square feet of two story living within one of the area's premier gated waterfront communities on Lake Ray Hubbard. The location provides convenient access to Interstate 30 & President George Bush Turnpike, while remaining minutes from The Harbor Rockwall, Downtown Rockwall, shopping, dining & entertainment. Buyers exploring homes in Chandlers Landing in Rockwall Texas may appreciate the combination of gated security, lake access, marina amenities & an active community lifestyle. If you are searching for 4 bedroom homes in Rockwall Texas within Rockwall ISD, the layout offers a first-floor primary suite along with flexible upstairs living spaces designed to accommodate a variety of needs. The main living area features a gas fireplace, abundant natural light & open flow into the kitchen and dining areas, creating a comfortable setting for everyday living & entertaining. The kitchen includes a center island, butler's pantry, gas cooktop, electric oven, pantry storage & functional workspace. The primary suite provides a private retreat with dual sinks, garden tub, separate shower, sitting area & walk-in closet. Upstairs, the game room and dedicated media room offer additional flexibility for recreation, work from home needs or multi-purpose living space. Smart home features include video doorbell, smart thermostats & smart door locks. Outdoor living is complemented by the community setting, while residents enjoy access to 24-hour guarded security, marina access, swimming pools, tennis courts, clubhouse amenities, walking trails, fishing ponds & The Yacht Club. Storage & parking include a 2 car attached garage. This property offers a strong combination of functional living space, smart home technology & positioning within the Rockwall Texas market near Lake Ray Hubbard.

Investor Tools

Property Icon
$562,051
Estimated Property Value
$411,686Estimated Mortgage Balance
$150,365Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,372 /month
Positive
Cash Flow Estimate:
$1,124 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$909/month
$241/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,102
$562,051
2025
$172,050
$390,001
$562,051
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,102
$562,051

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Carrington Mortgage Services Llc
Va
$445,000
Yes
First
Jun 9, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$411,686
$150,365
26%
73%
$2,668/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,909/mo
+$101/mo
6.4%

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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5522 Challenger Court | Property Details | No Agent List