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Rockwall 75032 Hickory Ridge
3070 Deer Ridge Drive
$247,000
● House - Off Market

3070 Deer Ridge Drive

Rockwall, TX 75032
bedrooms
4 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,640 Ft²
$362,772
RealtyHop Estimate
43.39%
Since Sep 1, 2020
TX-Dallas
Primary Model

About This Property

Check out this beautiful 2 story home with 4 bedrooms, a second floor with a big open game room, and a 1st floor master bedroom. Great laminate floors throughout the upstairs and a recently replaced roof. A huge backyard expands from the back of the home. Right across the street from the Rockwall Collin college campus. The neighborhood includes an enormous park that features a clean playground with water features great for summer fun time with the kids. Accuracy of room measurements should be verified by buyers.
Unit Size
2,640 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$96
Property Type
House
Property Taxes
$406
HOA Dues
$23
Year Built
2004

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #14369922)

Price History

Date / Event Date Event Price
Jul 26, 2022 Sold
Premium
Sold
Jul 20, 2022 Listed by Keller Williams Realty DPR $400,000
Listed by Keller Williams Realty DPR
Great house, facilitated sale from owner to tenant
Aug 26, 2020 Sold
Premium
Sold
Jun 19, 2020 Listed by Mersal Realty $253,000
Listed by Mersal Realty

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 424
  • Parking Space Count: 2
  • Patio Type: 5
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,148
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 650
  • Total Building Area: 3,064
  • Gross Building Area: 3,082
  • Building Area: 2,640
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,640
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HICKORY RIDGE PHASE 4
  • Land Acres: 0000000164
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: HICKORY RIDGE PHASE 4, BLOCK R, LOT 11

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040512

Geography

  • Assessors Map Reference: 304-F
  • Subdivision Phase Number: 4
  • Subdivision Tract Number: 11
  • Parcel: 58947
  • Block: R
  • Lot: 11
  • Municipality: ROCKWALL
  • Latitude: 32.8964
  • Longitude: -96.4326

    Address

  • Full Address: 3070 Deer Ridge Dr
  • Address - House Number: 3070
  • Address - Street Name: Deer Ridge
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R033
  • 4-Digit Zip Code: 9284
  • Zip Code: 75032

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $596,392
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1696
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 78
  • Final Value: 393,256
  • High Value: 459,955
  • Low Value: 326,558

    Market Valuation

  • Market Total Value: $380,973
  • Market Land Value: $157,550
  • Market Improvement Value: $223,423

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $380,973
  • Assessed Land Value: $157,550
  • Assessed Improvements Value: $223,423

    Sales

  • Current Sale Contract Date: Jul 26, 2022
  • Current Sale Recording Date: Jul 28, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16818
  • Previous Sale Recording Date: Aug 28, 2020
  • Previous Sale Contract Date: Aug 26, 2020
  • Previous Sale Amount: $277,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hickory Ridge

Stats & Trends

Median Asking:

$320,000

Sale Price/ft²

$148

Below Asking

0.05%

Average Days on Market

82

Average Home Size

2522 ft²

Average Home Age

22.6 years

Currently For Sale

8 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2820 Deer Ridge Drive, Rockwall, TX, 75032

$2,595 /mo

  • 4 Beds
  • 2 Baths
  • 2,637 ft²
2820 Deer Ridge Drive, Rockwall, TX, 75032 Listing by Marc Leos

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Nicholas Ha, Mersal Realty
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14369922
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 3070 Deer Ridge Drive built and last sold?
The property at 3070 Deer Ridge Drive was built in 2004 and last sold on Jul 26, 2022 for $396,682.
How much is this home worth?
The estimated value of the home located at 3070 Deer Ridge Drive is $0.
What are some comparable homes to 3070 Deer Ridge Drive?
There are currently no comparable homes to 3070 Deer Ridge Drive.
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