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$283,556

NAL Estimated Property Value

808 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,176 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$1.91 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesBalcony
Lot Size3,485 sqft

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN4965-000A-0808-00-0R
SubdivisionSignal Ridge #1
Land UseResidential
Legal DescriptionSIGNAL RIDGE #1 U 808 BLDG A .080 AC .4686% OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$159,806
Assessment Year2025

About this property

FULLY RENOVATED CONDO WITH LAKE VIEWS. This charming condo offers a serene lake view, perfect for enjoying breathtaking sunsets right from your balcony. Nestled in a premier lakeside community adjacent to Lake Ray Hubbard, you'll enjoy endless opportunities for boating, sailing, fishing, and lakeside dining. The Harbor shopping and dining destination is within walking distance where you can also enjoy summer concerts on the lake hosted by the city of Rockwall for several months each year! The community offers a range of amenities, including kid-friendly resort style pools, a lap pool, two deep water pools, basketball courts, courtyard, clubhouse, large greenbelt area, park and is right on the lake for fishing or boat watching. This is a 2 bedroom 2 bath corner unit condo that could be 2 masters, one downstairs and one upstairs via spiral stairs. Featuring two spacious en-suite bathrooms, new flooring, new lighting, fresh paint throughout, and sleek quartz countertops in the kitchen and baths. The open living area features vaulted ceilings and skylights, creating a bright and airy atmosphere. The 1st-floor primary bedroom offers vaulted ceilings, an en-suite bathroom, and a private balcony. Upstairs, the 2nd bedroom suite provides endless possibilities of flex space to fit your needs. Bonus storage room. Large walk in closet with organizers, separate linen utility closet with stackable washer and dryer! Two reserved parking spaces are just outside the front door for easy access. Home is a few steps away from the main swimming pool and front community entrance for easy access. The HOA includes water use, full use of facilities and maintenance of grounds. HOA is replacing new roof and other exterior repairs to be completed within the next 6 months. Step outside and walk to Rockwall Harbor's premier dining, shopping, and entertainment options—favorites like Gloria’s, Sideways BBQ, Giovanni, and more are just around the corner. Easy access to I-30.

Investor Tools

Property Icon
$283,556
Estimated Property Value
$150,535Estimated Mortgage Balance
$133,021Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,701 /month
Positive
Cash Flow Estimate:
$567 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,273
$283,556
2025
$123,750
$159,806
$283,556
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,273
$283,556

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Fund I Llc
Commercial
$153,000
No
First
Jun 4, 2025
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,535
$133,021
46%
53%
$918/mo

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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808 Signal Ridge Pl | Property Details | No Agent List