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$457,132

NAL Estimated Property Value

955 Chad Way, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size8,102 sqft

Building Information

Year Built1999
Stories2
Garage Spaces2

Land Information

APN4509-000A-0024-00-0R
Lot Number24
SubdivisionNorth Towne Addition
Land UseResidential
Legal DescriptionNORTH TOWNE ADDITION, BLOCK A, LOT 24
Census Tract040202
Assessed Land Value$140,000
Assessed Improvement Value$317,132
Assessment Year2025

About this property

A beautiful, move in ready, brick home in Rockwall offering timeless charm just minutes from the vibrant downtown square. Nestled on a quiet cul-de-sac, this stunning two-story home features a private backyard retreat with a sparkling pool, perfectly designed for relaxing or entertaining during warm Texas summers. The spacious primary suite is located upstairs and features a private deck overlooking the backyard—perfect for morning coffee or unwinding in the evening. The updated ensuite bathroom includes a classic clawfoot tub, along with a huge walk-in closet offering ample storage. The upper level also includes a spacious family or game room with a wet bar and half bath, creating the perfect space for entertaining guests, hosting movie nights, or enjoying a private lounge area. Downstairs, the home showcases a light-filled open floor plan designed for both comfort and elegance. The living room is anchored by a beautiful stone fireplace, creating a warm and inviting focal point. The kitchen features rich natural wood cabinetry, generous workspace, and flows seamlessly into a charming breakfast nook and formal dining room, ideal for gatherings and holiday entertaining. A large utility, room with additional storage sits conveniently off the kitchen and provides direct access to the garage. Step outside through elegant French doors to the covered patio and pool area, where a shaded outdoor lounge space invites you to relax poolside or host unforgettable summer gatherings in your own private backyard sanctuary. Come experience this beautiful home and backyard retreat—schedule your showing today.

Investor Tools

Property Icon
$457,132
Estimated Property Value
$221,927Estimated Mortgage Balance
$235,205Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,183
$457,132
2025
$140,000
$317,132
$457,132
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,183
$457,132

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Commercial Bank Of Texas Na
Conventional
$235,250
No
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$221,927
$235,205
51%
49%
$1,411/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,411/mo
+$899/mo
6.1%

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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955 Chad Way | Property Details | No Agent List