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$473,000   Price Analysis
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413-415 Shoreview Dr
Rockwall, TX 75087
4 bed 4 bath 2,763 SqFt ($171/SqFt)
0.26 acre lot. Built 1983
Listed 2024-04-03, Taxes $7,396
Ⓧ USDA Ineligible
due to location

near Rockwall

MULTIPLE OFFERS!

* No Longer For Sale *
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Snatch up this tremendous duplex for your investment portfolio. Two 2 bdrms-2 full baths units in mature quiet tree-lined neighborhood near Lake Ray Hubbard. Previously updted w-hardwood and tile floors, recently replaced hot water heaters, garage door (larger unit) opener and spring, dishwasher (smaller unit). Both HVAC units (Carrier) replaced in 2022, roof replaced 2018, $32k concrete block retaining wall done in 2022.

Larger unit features 2-car garage with sink and work bench, sprinkler system control, wood burning fireplace, high ceiling in master suite that features double sinks and walk-in shower, extra parking pad next to garage, stable tenant been there for 10 years. Smaller unit has a 2-car carport and outside storage room. Projected rent range for smaller unit $1700-$1800 and for larger unit $2000-$2100. No work needed, turn key with existing tenant & higher rent roll for new future tenant. May also work for owner-investor occupant using rent to offset any mortgage.


Presented by Frank Lu at
Coldwell Banker Realty.
Listing Agent Photo

Property MLS #20569069 from NTREIS

Bedrooms: 4

Cable TV Available
Decorative Lighting
Eat-in Kitchen
High Speed Internet Available
Flooring: Carpet, Tile, Wood
Window Features: Window Coverings

Dishwasher
Disposal
Electric Oven
Microwave
Refrigerator

Cooling Features: Ceiling Fan(s), Central Air
Fireplace Features: Brick, Wood Burning
Heating Features: Central, Electric
Number of Fireplaces: 1

Full Bathrooms: 4

Water Body Name: Ray Hubbard

Covered Patio/Porch
Rain Gutters
Storage
Fencing: Fenced Yard: Chain Link, Wood
Patio And Porch Features: Covered, Front Porch, Patio

Interior Lot
Landscaped
Subdivision
Lot Description: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.257
Lot Size Square Feet: 11195

Attached Garage: Yes
Carport Spaces: 2
Covered Spaces: 4
Garage Spaces: 2
Parking Features: Garage Single Door, Additional Parking, Alley Access, Attached Carport, Covered, Driveway, Garage Door Opener
Garage Dimensions: 22 x 20

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 1

Elementary School: Reinhardt
High School: Rockwall
Middle School: Herman E Utley
School District: Rockwall ISD

Virginia Reinhardt Elementary School is a public elementary school located approximately 0.8 miles away.
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Herman E Utley Middle School is a public middle school located approximately 1.1 miles away.
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Rockwall High School is a public high school located approximately 1.4 miles away.
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Marigold Learning Academy is a private elementary school located approximately 0.4 miles away.
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Gross Income: 34800.00

Source Listing Status: Closed
County: Rockwall
Directions: From Highway 66 go south on S. Lakeshore Drive, then left on Shoreview, full duplex on right half way up the hill.
Source Property Type: Residential Income
Insurance Expense: 2381
Source Neighborhood: Shoreview Estate
Parcel Number: 000000022145
Postal Code Plus 4: 3539
Subdivision: Shoreview Estate
Property Subtype: Duplex
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$274,000 + $137,000
$411,000
$7,396
2021$219,300 + $97,200
$316,500
$6,129
2020$216,010 + $52,500
$268,510
$5,351
2019$221,630 + $52,500
$274,130
$5,655
2018$218,020 + $51,000
$269,020
$5,812
2017$227,230 + $52,500
$279,730
$6,191
2016$186,180 + $50,000
$236,180
$5,420
2015$192,220 + $32,000
$224,220
$5,204
2014$194,530 + $32,000
$226,530
$5,281
2013$195,030 + $32,000
$227,030
$5,354
2012$199,600 + $32,000
$231,600
$5,463
2011$unknown + $unknown
$233,900
$5,518
2010$unknown + $unknown
$233,900
$5,518
2009$unknown + $unknown
$236,190
$5,545
2008$unknown + $unknown
$238,510
$5,600
2007$unknown + $unknown
$230,360
$5,313

Sold 2024-04-30
$0
NTREIS
Listed 2024-04-03
$473,000
NTREIS
Listing removed 2014-09-29
$1,295
NTREIS
Listed for rent 2014-08-20
$1,295
NTREIS
Sold 2014-03-18
$0
NTREIS
Listed 2014-02-17
$239,900
NTREIS
Listing removed 2013-06-28
$1,295
NTREIS
Listed for rent 2013-06-03
$1,295
NTREIS

Net Operating Income: 25069
Operating Expense Includes: Insurance

Year Built: 1983
Building Area Total: 2763
Construction Materials: Construction: Brick
Foundation Details: Slab
Levels: One
Property Age: 41
Roof: Composition
Year Built Details: Preowned

Utilities: All Weather Road, Alley, City Sewer, City Water, Underground Utilities

Security Features: Security Features: Smoke Detector(s)

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.