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$419,900

818 Cordoba Ln, Rockwall, TX, 75087

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,460 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$287.6 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven, Microwave

Exterior

Lot Size10,019 sqft

Building Information

Year Built2023
Stories1
Garage Spaces2

Land Information

APNS4139-0000-0104-00-0R
Lot Number104
SubdivisionLadera At Rockwall Condominiums
Land UseResidential
Legal DescriptionLADERA AT ROCKWALL CONDOMINIUMS, LOT 104
Census Tract040201
Assessed Land Value$113,000
Assessed Improvement Value$308,776
Assessment Year2025

About this property

MOTIVATED SELLER!!! Welcome home to this charming two-bedroom, two-bath residence nestled against a peaceful greenbelt in the highly sought-after Ladera gated community for active adults 55+. This thoughtfully designed single-story home offers a bright, open layout with a spacious living area that’s perfect for relaxing or entertaining. The well-appointed kitchen features abundant cabinet space, making meal prep and storage both easy and efficient. The private second bedroom and full bath provide an ideal retreat for guests or the flexibility to create a comfortable home office or hobby space. The guest bathroom has a walk-in tub that offers RevitaJet whole body hydrotherapy, variable speed heater blower and whirlpool pump among many other features. An oversized laundry room adds exceptional convenience, complete with built-in shelves, extra cabinetry, and a dedicated folding area. Enjoy tranquil greenbelt views and the vibrant lifestyle that Ladera has to offer — all in a home designed for comfort, ease, and everyday enjoyment. Residents enjoy resort-style amenities including a clubhouse, fitness center, outdoor pool, pickleball courts, walking paths, and outdoor gathering spaces with a pavilion and BBQ area—all designed to encourage an active yet relaxed lifestyle. The community offers easy access to nearby shopping, dining, and Lake Ray Hubbard. Perfect for those seeking security, community, and simplicity.

Investor Tools

Property Icon
$421,776
Estimated Property Value
$411,306Estimated Mortgage Balance
$26,537Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,531 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$577/month
$375/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,816
$421,776
2025
$113,000
$308,776
$421,776
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,816
$421,776

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Bank
Commercial
$411,306
No
First
Mar 18, 2024
Sep 2024

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,239
$26,537
6%
94%
$2,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,841/mo
$-531/mo
6.6%

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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818 Cordoba Ln | Property Details | No Agent List