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$507,265

NAL Estimated Property Value

786 Mountcastle Drive, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,307 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.01 / sqft
Year BuiltBuilt in 2016

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
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Plumbed For Ice Maker, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,621 sqft

Building Information

Year Built2019
Stories1
Garage Spaces2

Land Information

APNS5111-000U-0005-00-0R
Lot Number5
SubdivisionStone Creek Phase Vi
Land UseResidential
Legal DescriptionSTONE CREEK PHASE VI, BLOCK U, LOT 5
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$373,405
Assessment Year2025

About this property

Multiple offers. Highest and best by Saturday 7:00pm. Stunning 2016 Megatel home with Rockwall schools features outdoor living, greenbelt views, and an open kitchen living room layout. Desirable touches at every turn including wood floors, large kitchen island, granite counter tops, plantation shutters, custom barn doors and built-ins, accented trim, stone fireplace, vaulted ceilings, and pane less windows. Relax under a vaulted cedar covered patio with outdoor stone kitchen and dreamy greenbelt views. The home also boasts a large game room up with a bathroom, sitting area in the Master retreat, an office, stainless appliances, and additional garage space. Virtual tour available.

Investor Tools

Property Icon
$507,265
Estimated Property Value
$272,916Estimated Mortgage Balance
$234,349Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,044 /month
Positive
Cash Flow Estimate:
$1,015 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$812/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,202
$507,265
2025
$133,860
$373,405
$507,265
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,202
$507,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$300,000
No
First
Aug 6, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$272,916
$234,349
46%
54%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,449/mo
$-139/mo
5.5%

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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786 Mountcastle Drive | Property Details | No Agent List