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$921,900

1945 Grand Avenue, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths5 Bath
Baths4,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.96 / sqft
Year BuiltBuilt in 2027

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 5Bathrooms 5
AppliancesDouble Oven, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesLighting
Lot Size8,625 sqft

Building Information

Garage Spaces3

Land Information

APN5507-000I-0008-00-0R
Lot Number8
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionTERRACES PHASE ONE BLK I LOT 8
Census Tract040201
Assessed Land Value$50,000
Assessment Year2026

About this property

Step off the front porch into the grand entryway boasting a curved staircase and a 19-foot ceiling. The formal dining room is at the entrance of the home. Adjacent to the dining room is the home office which includes double doors for additional privacy. A secluded guest suite down the hallway with a full bathroom allows for guests to have their own space. The two-story family room boasts a wall of windows and wood mantel fireplace. The backyard covered patio is just off the morning area. The kitchen features a 5-burner gas cooktop, double wall ovens, an island with built-in seating, ample counter space, and an oversized walk-in pantry with plenty of storage. The primary bedroom offers ample natural light from its wall of windows. Double doors lead into the bathroom which features a freestanding tub, glass-enclosed shower, dual vanities, two walk-in closets, and dual access to the utility room for convenience. Up the stairs you are greeted by an overlooking view of the first floor. The large game room and media room provide space for entertainment. Two secondary bedrooms with full bathrooms and walk-in closets complete the second level. A three-car split garage completes the home.

Investor Tools

$0Estimated Mortgage Balance
$723,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,531 /month
Positive
Cash Flow Estimate:
$1,844 /month

Interested in this property?

Lee Jones

Perry Homes Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
$1,700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$788
$50,000
2026
$50,000
N/A
$50,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$788
$50,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$723,000
100%
0%
$0/mo

City: Rockwall

1945 Grand Avenue | Property Details | No Agent List