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$260,750

863 Wisperwood Drive, Rockwall, TX, 75087

$308,145 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,103 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.99 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Refrigerator, Gas Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,364 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN3253-000E-0022-00-0R
Lot Number22
SubdivisionCaruth Lake Phase 5
Land UseResidential
Legal DescriptionCARUTH LAKE PHASE 5, BLOCK E, LOT 22
Census Tract040202
Assessed Land Value$155,000
Assessed Improvement Value$248,493
Assessment Year2025

About this property

Immaculate 4 bedroom 2 bathroom home in sought after Rockwall ISD!!! Fantastic floor plan that features nicely sized bedrooms, abundance of open living space, large kitchen and a large backyard. Walking inside you immediately notice the bright open ambiance with fresh paint from floor to ceiling, gorgeous wood look flooring, new carpet, updated door hardware and beautiful light fixtures. Plenty of room for storage as well including kitchen pantry and huge walk in master bedroom closet. Caruth Lakes neighborhood offers mature trees along with a community pool, clubhouse, walking-jogging trails play ground and small lake. Within minutes from YMCA, Shopping, Dining, and historical Downtown Rockwall.

Investor Tools

Property Icon
$403,493
Estimated Property Value
$0Estimated Mortgage Balance
$186,601Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$308,144
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,421 /month
Positive
Cash Flow Estimate:
$807 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$554/month
$263/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,625
$403,493
2025
$155,000
$248,493
$403,493
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,625
$403,493

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$247,703
No
First
Jan 28, 2020
Mar 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$216,892
$186,601
46%
54%
$1,486/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,749/mo
+$1,261/mo
9.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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863 Wisperwood Drive | Property Details | No Agent List