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$950,000

879 Park Place Boulevard, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,246 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$292.67 / sqft
Year BuiltBuilt in 2027

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Microwave

Exterior

Private PoolPrivate Pool
Lot Size10,934 sqft

Building Information

Garage Spaces2

Land Information

APN4644-000E-0003-00-0R
Lot Number3
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionPARK PLACE PHASE IV BLK E LOT 3
Census Tract040305
Assessed Land Value$132,500
Assessment Year2026

About this property

Introducing 879 Park Place Boulevard, a thoughtfully designed home with approximately 3,246 square feet of interior living space. The classic exterior features a welcoming front porch, second-floor balcony, and generous covered outdoor living area. The main level offers an open layout with a spacious great room and fireplace, dining area, kitchen with island, walk-in pantry, and butler’s pantry. A first floor master suite and dedicated study provide privacy and flexibility. Upstairs, three additional bedrooms, two full baths, and a game room provide comfortable space for family, guests, or work. The home also includes a two-car garage and multiple covered outdoor areas.

Investor Tools

$489,237Estimated Mortgage Balance
$383,763Estimated Equity
43% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Chelsea Chiu

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$487/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,477
$132,500
2026
$132,500
N/A
$132,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,477
$132,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loan Ranger Capital Investments Reit Llc
Commercial
$497,250
No
First
Nov 18, 2025
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$489,237
$383,763
43%
56%
$2,982/mo

City: Rockwall