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$510,000

975 Mont Cascades Drive, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,373 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.2 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Range, Gas Water Heater, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size7,187 sqft

Building Information

Year Built2014
Stories1
Garage Spaces2

Land Information

APN4961-000J-0029-00-0R
Lot Number29
SubdivisionShores North Phase 3b
Land UseResidential
Legal DescriptionSHORES NORTH PHASE 3B, BLOCK J, LOT 29
Census Tract040103
Assessed Land Value$135,000
Assessed Improvement Value$368,364
Assessment Year2025

About this property

Immaculate home in one of the most desired neighborhoods in Rockwall, The Shores. This 4 bedroom home with office or could go 5 bedroom with 3 car garage is spotless and pristine...move right in and ready! The kitchen is the hub of the home with tons of cabinets and counter space, island and two pantries. Opens to a large dining area and family room. Huge master suite downstairs with wood floors and awesome closet. There is another bedroom down and 3 huge bedrooms up, two bathrooms up and a large game room plus large walk out attic space. There is a nice backyard with covered patio and deck plus a second Zen side yard with a shed. The property is surrounded by a board on board cedar fence. Added bonus is a tankless water heater and ample parking space behind garage. Located in Shores with social privileges of pool, workout facility, tennis.

Investor Tools

Property Icon
$503,364
Estimated Property Value
$0Estimated Mortgage Balance
$106,110Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,060 /month
Positive
Cash Flow Estimate:
$1,020 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$901/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,294
$503,364
2025
$135,000
$368,364
$503,364
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,294
$503,364

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$427,075
Yes
First
Aug 26, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$397,254
$106,110
21%
79%
$2,561/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,911/mo
+$99/mo
7.2%

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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975 Mont Cascades Drive | Property Details | No Agent List