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$415,000

706 Williams Street, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,783 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$232.75 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size6,534 sqft

Building Information

Year Built1999
Stories1

Land Information

APN3140-121B-000B-00-0R
Lot NumberB
SubdivisionB F Boydston
Land UseResidential
Legal DescriptionB F BOYDSTON, BLOCK 121B, LOT B
Census Tract040305
Assessed Land Value$184,150
Assessed Improvement Value$240,941
Assessment Year2025

About this property

Beautifully maintained home in excellent location! Home is located within walking distance of the Rockwall Square offering several awesome dining options, boutique shopping, and tons of entertainment. Custom built to honor historic homes in the surrounding area. You will appreciate the gorgeous millwork throughout the home, attention to detail and the historic vibe you get when you walk in. The home offers an open floorplan for hosting and entertaining. Home features new paint inside and out, mature landscaping, large 14x18 workshop with electric, gated driveway, and circular drive for additional parking. Don't miss your chance on this beautiful home, it won't last long!

Investor Tools

Property Icon
$425,091
Estimated Property Value
$0Estimated Mortgage Balance
$75,389Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,551 /month
Positive
Cash Flow Estimate:
$850 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,529
$425,091
2025
$184,150
$240,941
$425,091
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,529
$425,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brazos National Bank
Conventional
$378,000
No
First
May 17, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,702
$75,389
17%
82%
$2,267/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,267/mo
+$43/mo
6.5%

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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706 Williams Street | Property Details | No Agent List