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$399,000

2875 Red Valley Run, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths2,011 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.41 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesElectric Oven
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size2.00 acres

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces3

Land Information

APN0194-0000-0007-07-0R
SubdivisionM Simmons
Land UseResidential
Legal DescriptionA0194 M SIMMONS, TRACT 7-7, ACRES 2.001
Census Tract040403
Assessed Land Value$309,775
Assessed Improvement Value$142,826
Assessment Year2026

About this property

What an opportunity to get 2 acres in north Rockwall with Rockwall ISD and No HOA. This home is ready for you to make it your own. Open floorplan with 3 bedrooms, plus flex or office room. The covered back patio is extra space to just enjoy the beautiful acreage setting. Lots of storage with the oversized laundry area and attached workshop space as well as the 12x24 shed out back. This home gives you the country setting but also a good location for access to stores and major roads. Foundation has been repaired and just needs the cosmetic updates.

Investor Tools

$364,850Estimated Mortgage Balance
$179,150Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,264 /month
Positive
Cash Flow Estimate:
$1,088 /month

Interested in this property?

Rebecca Stuart

Legacy & Co. Real Estate LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$258/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$379
$452,601
2026
$309,775
$142,826
$452,601
No

Tax History

Year
Tax Paid
Assessed Value
2025
$379
$452,601

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Reverse Mortgage / Hecm
$430,500
No
First
Jun 19, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$364,850
$179,150
32%
67%
$1,992/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$1,992/mo
+$1,158/mo
6.9%

City: Rockwall

2875 Red Valley Run | Property Details | No Agent List