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$425,000

$450,000

TBD English Road, Rockwall, TX, 75032

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About this property

Gorgeous, highly wooded acreage to be subdivided from current 12acre property…approximately 5+ acres. Located in the well established, Gated Equestrian Neighborhood of Bluebonnet Ridge. Tucked back in the far end of the neighborhood, on a serene cul-de-sac lot. Heavenly wooded with 2 perfect cleared areas to put a single family residence and still be surrounded by trees. At least 200ft of frontage road and the property goes back 1140ft with a creek deep within the trees. Exact specifications on subdivide can be worked out for all parties satisfaction, but will include approximately 5-5.5acres.

Investor Tools

$0Estimated Mortgage Balance
$425,000Estimated Equity
100% equity
Estimated Cap Rate
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,550 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Debbie Wilhelm

Fathom Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
$946/month
5.947%

City: Rockwall

TBD English Road | Property Details | No Agent List