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$284,900

812 Signal Ridge Pl, Rockwall, TX, 75032

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,607 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$177.29 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony
Lot Size4,748 sqft

Building Information

Year Built1983
Stories2
Roof Type105

Land Information

APN4965-000B-0812-00-0R
SubdivisionSignal Ridge #1
Land UseResidential
Legal DescriptionSIGNAL RIDGE #1 U 812 BLDG B .109 AC .6403% OWNERSHIP COMMON AREA
Census Tract040510
Assessed Land Value$123,750
Assessed Improvement Value$129,847
Assessment Year2025

About this property

INVESTMENT OPPORTUNITY! Lovely, updated condo with floor-level, walk-in entry located three doors from a great party pool. This home has a large family room with a fireplace and open floor plan. Granite countertops in the kitchen with sleek appliances, self-closing drawers, and slide out drawers in the pantry. Enjoy the large, covered balcony for morning coffee and views. Big primary bedroom on the first floor with private patio and bath, with another oversize bedroom downstairs, too. Upstairs has a third bedroom with an en suite full bath, a huge loft and a wonderful Harry Potter closet for the kids or just extra storage. There is a library for the reader in the family. Extras include plantation shutters, glass-front cabinets engineered wood flooring. Easy, fun -living in gated complex. located next to The Harbor entertainment district, Lake Ray Hubbard and marinas. George Bush and I 30 are close. Only 25 minutes to downtown Dallas! Location, location, location!!

Investor Tools

Property Icon
$276,000
Estimated Property Value
$127,500Estimated Mortgage Balance
$149,238Estimated Equity
54% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
$371/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,427
$253,597
2025
$123,750
$129,847
$253,597
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,427
$253,597

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$127,500
No
First
Jan 22, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$126,762
$149,238
54%
46%
$765/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,136/mo
+$1,174/mo
10.0%

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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812 Signal Ridge Pl | Property Details | No Agent List