$370,000
506 Shadow Oaks Court, Rockwall, TX, 75087
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesDishwasher, Gas Cooktop, Microwave
Exterior
Lot Size10,062 sqft
Building Information
Year Built1999
Stories1
Garage Spaces1
Land Information
APN4722-000A-0009-00-0R
Lot Number9
SubdivisionRandom Oaks At The Shores
Land UseResidential
Legal DescriptionRANDOM OAKS AT THE SHORES, BLOCK A, LOT 9
Census Tract040103
Assessed Land Value$162,800
Assessed Improvement Value$214,789
Assessment Year2026
About this property
Well maintained 4 bedroom, 2 bath home situated on an oversized lot in a cul-de-sac. The open floor plan features a split bedroom layout, providing a functional use of space. The kitchen offers ample workspace and a walk-in pantry. Ceramic tile flooring is featured in high-traffic areas, along with crown molding, recessed lighting, walk in closets, and ceiling fans throughout. The oversized lot features established landscaping and offers additional outdoor space. Convenient layout with desirable interior features!
Investor Tools
$0Estimated Mortgage Balance
$377,589Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,266 /month
Positive
Cash Flow Estimate:
$755 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$648/month
$400/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,891
$377,589
2026
$162,800
$214,789
$377,589
No
Tax History
Year
Tax Paid
Assessed Value
2025
$5,891
$377,589
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$377,589
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,150/mo
$400/mo
+$2,750/mo
10.0%
