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$524,900

975 N Alamo Rd, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,212 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$237.3 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringCarpet, Laminate

Exterior

Private PoolPrivate Pool
Exterior FeaturesPrivate Yard, Storage
Lot Size38,551 sqft

Building Information

Year Built2001
Stories1
Garage Spaces2

Land Information

APN0124-0000-0012-00-0R
SubdivisionJ H B Jones
Land UseResidential
Legal DescriptionA0124 J H B JONES, TRACT 12, ACRES .885
Census Tract040101
Assessed Land Value$217,500
Assessed Improvement Value$297,200
Assessment Year2025

About this property

Stunning Custom Three Bed Two bath home in Rockwall ISD! This home is situated on nearly an acre at the end of a dead end street. Boasting not one but two outside storage buildings as well as a stunning backyard with a recently resurfaced pool.There is an office and and additional bonus room upstairs that could both easily become bed rooms as well. The home was recently repainted inside and had all carpet replaced! All of this less than a mile from recreational parks and a few blocks walk from the town square. This one has it all,Come by and take a look.

Investor Tools

Property Icon
$514,700
Estimated Property Value
$409,600Estimated Mortgage Balance
$121,744Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,149 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$536/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,862
$514,700
2025
$217,500
$297,200
$514,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,862
$514,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Independent Bank
Commercial
$409,600
No
First
Feb 9, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$392,956
$121,744
23%
76%
$2,456/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,456/mo
+$554/mo
7.0%

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 N Alamo Rd | Property Details | No Agent List