3 months on rocket

505 Wildwood Ter, Rockwall, TX, 75087

$399,900

Home List Price

$4,749*

Closing Credit

3 Bedrooms
2 Full Baths
1,534 SqFt
$261/SqFt
House

Location

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505 Wildwood Ter, Rockwall$399,900

Buyer Closing Credits

$4,749*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingDriveway, Garage, Garage Door Opener
Attached Garage2 spaces
Year Built1980
HeatingNatural Gas
CoolingElectric
FireplaceLiving Room
MLS #20649484
Lot Size0.19 Acres
StatusActive

About 505 Wildwood Ter

Willing to do a long-term lease for $2500 per month. This house was remodeled several years ago, new paint and flooring, and has been used as a short-term rental with 2023 revenue over $50k. 2024 short-term rental revenue is over $26k through June. It is completely furnished, so the buyer can take the furniture or not. Refrigerator and Washer and Dryer can stay. The backyard fence was replaced a few years ago and the HVAC is brand new, just replaced this year. The home sits on a large lot within walking distance to the Downtown Square in Rockwall, with shopping, some of the best restaurants in DFW, a farmers market and music in the Plaza from May-Sept. Highly preferred Reinhardt Elementary is within walking distance as well.

Property Details

Property Features

Property Information:

  • Architectural Style: Detached
  • Year Built: 1980
  • Stories: 1
  • Living Area: 1,534 SqFt

Listing Office:

  • Office Name: SRG Homes
  • Office Phone: (214) 683-4049
  • Listing Agent: Ronnie Howell

Interior Features

Interior Information:

  • Appliances: Dishwasher, Disposal, Gas Water Heater, Ice Maker, Refrigerator
  • Basement: No
  • Flooring Type: Laminate
  • Interior: High Speed Internet, Pantry
  • Fireplace: Living Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Driveway, Garage, Garage Door Opener

Virtual/3D Tour

  • Virtual Tour: 505 Wildwood Ter
Virtual Tour

Lot Features

Lot Information:

  • Lot Size: 0.19 Acres

Utilities

Utilities Information:

  • Heating: Natural Gas
  • Cooling: Electric

School Info

Assigned Schools Information:

  • Rockwall High School, Public District Grades 9-12
  • Herman E. Utley Middle School, Public District Grades 7-8
  • Virginia Reinhardt Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From downtown Rockwall go North on 205 to Heath Street. Turn left on Heath Street, which will become Wildwood Terrace. The house is on the right.

Price Information

Listing Price Info

Price Summary:

  • List Price: $399,900
  • Price Per SqFt: $261/SqFt

Tax Information:

  • Annual Amount: $3,930
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Rockwall, TX.

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Rockwall, TX

City

Med. List Price

$549.9K

Med. Price/SqFt

$204

Avg. Days On Market

79

# of Sold Homes

90

505 Wildwood Ter vs Rockwall

101 DAYS ON ROCKET

+22 Days

$399,900

-$150K Less

$261/SqFt

+$56 More

KEY TAKEAWAY

This property is $150K less than the Median List Price and $56/SqFt more than other homes in Rockwall, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20649484

Listing Office:

  • Office Name: SRG Homes
  • Office Phone: (214) 683-4049
  • Listing Agent: Ronnie Howell

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 9/27/2024, 9:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$3,930$199,360
2020$3,929$197,180
2019$4,094$195,200
2018$4,094$189,500
2017$3,307$149,423

History based on county public records data.

Payment Calculator

$2,063

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,265

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-849010
6
/10

  • Virginia Reinhardt Elementary School

  • 615 Highland Dr

  • 0.37 miles

  • Public District Grades PK-6

Middle School

school-card-donut-849011
7
/10

  • Herman E. Utley Middle School

  • 1201 T L Townsend Dr

  • 1.51 miles

  • Public District Grades 7-8

High School

school-card-donut-849012
8
/10

  • Rockwall High School

  • 901 W Yellowjacket Ln

  • 2.20 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $92,868. Residents of Rockwall, TX typically earn between $35k-100k each year. The majority of families are married, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 505 Wildwood Ter

What is the listing price of this property?

The listing price of 505 Wildwood Ter property is $399,900.

What type of property is this?

The property 505 Wildwood Ter is a house located in Rockwall, Texas, 75087.

Is this property for sale now?

Active Listing: 505 Wildwood Ter is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 505 Wildwood Ter are:
Virginia Reinhardt Elementary School: GreatSchools Rating 6/10
Herman E. Utley Middle School: GreatSchools Rating 7/10
Rockwall High School: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $3,930 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 505 Wildwood Ter has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 505 Wildwood Ter is 1,534 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 505 Wildwood Ter is 1980.

Rocket Homes›Texas›Rockwall County›Rockwall›75087›505 Wildwood Ter

This home is located at 505 Wildwood Ter in Rockwall, TX and zip code 75087 in the Highland Hills neighborhood. This 1,534 square foot home, which was built in 1980, sits on a 0.19 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since June 18, 2024 and is currently priced at $399,900.

Between July 2024 and August 2024, Rockwall, TX real estate market has seen increase in the number of listings by 14.1%. The median list price of listings available in August 2024 was $549,980, while the average time on the real estate market was 79 days.

From Rocket Homes Real Estate and based on county public records data.

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