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$469,000

1431 Coastal Dr, Rockwall, TX, 75087

$483,119 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths3 Bath
Baths2,514 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.56 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size8,102 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN3975-000K-0024-00-0R
Lot Number24
SubdivisionHillside Ph 5 The Shores
Land UseResidential
Legal DescriptionHILLSIDE PH 5 (THE SHORES), BLOCK K, LOT 24
Census Tract040101
Assessed Land Value$131,300
Assessed Improvement Value$366,094
Assessment Year2025

About this property

Nestled on a raised, tree-lined lot near Lake Ray Hubbard, this stunning custom home welcomes you with a grand foyer featuring soaring ceilings and a wall of windows that provide a picturesque view of the backyard. The open floor plan seamlessly connects the kitchen, breakfast area, and spacious family room, which boasts a stone fireplace and abundant natural light from the windows overlooking the pool area. An elegant study showcases a coffered ceiling with exposed wood beams, adding a touch of sophistication. The primary bedroom is conveniently located on the main floor and includes an ensuite bathroom, while the upper level features a game room and two additional bedrooms. The backyard is a true oasis, complete with a recently resurfaced pool, spa, and multiple pergolas along with bench seating, perfect for entertaining. Additionally, the property is within walking distance to Lake Ray Hubbard and the Rockwall Athletic Club.

Investor Tools

$107,748Estimated Mortgage Balance
$389,646Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$483,118
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,984 /month
Positive
Cash Flow Estimate:
$995 /month

Interested in this property?

Shaun Walding

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$424/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,600
$497,394
2025
$131,300
$366,094
$497,394
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,600
$497,394

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$165,600
No
First
Dec 28, 2011
Jan 2042

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$107,748
$389,646
78%
22%
$993/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$1,413/mo
+$897/mo
5.6%

City: Rockwall

1431 Coastal Dr | Property Details | No Agent List