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$175,000

826 Park Place Blvd, Rockwall, TX, 75087

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size7,275 sqft

Land Information

APNS4622-000D-0005-00-0R
Lot Number5
SubdivisionPark Place West Ph Iii Addition
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionPARK PLACE WEST PH III ADDITION, BLOCK D, LOT 5
Census Tract040305
Assessed Land Value$125,000
Assessment Year2025

About this property

Ready for New Home in the Park Place Neighborhood in Rockwall. Park Place is centrally located and great access to I30 and 66 to GBTP. You are minutes from downtown Rockwall shops and restaurants. Easy access to Lake Ray Hubbard and The Harbor. We can build to suit or you can choose builder of your choice.

Investor Tools

Property Icon
$175,000
Estimated Property Value
$174,000Estimated Mortgage Balance
$3,544Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,079 /month
Positive
Cash Flow Estimate:
$360 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,061
$125,000
2025
$125,000
N/A
$125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,061
$125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Heartland Homes Of Texas Llc
Purchase Money Mortgage
$174,000
No
First
Jul 20, 2025
Jan 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,456
$3,544
2%
98%
$1,044/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.

Explore Texas Explore This Area
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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826 Park Place Blvd | Property Details | No Agent List