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$386,500

124 Tupelo Dr, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths9 Bath
Baths2,090 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.93 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 9Bathrooms Full 9
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size9,627 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN5227-000C-0006-00-0R
Lot Number6
SubdivisionWaterstone Estates
Land UseResidential
Legal DescriptionWATERSTONE ESTATES, BLOCK C, LOT 6
Census Tract040304
Assessed Land Value$170,000
Assessed Improvement Value$218,028
Assessment Year2025

About this property

Welcome to this beautifully maintained home in Waterstone Estates, offering a convenient location, a spacious single-story floor plan, and a backyard that truly sets this home apart. You'll enjoy the perfect balance of comfortable indoor living and exceptional outdoor space. Inside, the formal living and dining rooms provide an inviting setting for entertaining guests. The heart of the home is the kitchen, complete with white cabinetry, a pantry, and breakfast bar, flowing seamlessly into the breakfast nook and spacious family room where a cozy fireplace creates a warm and welcoming place to gather. Privately situated, the primary suite offers a relaxing retreat with an updated ensuite bath featuring dual sinks, shower, and a walk-in closet. Three additional bedrooms provide comfortable accommodations for family, guests, or a home office, making the floor plan as functional as it is inviting. Step outside and discover one of this home's most memorable features. The expansive composite deck extends your living space outdoors, perfect for weekend barbecues, morning coffee, or relaxing beneath the shade of mature trees. A retractable awning adds comfort on warm Texas afternoons, while the oversized backyard offers plenty of room to enjoy the outdoors. Beautifully shaded and exceptionally private, this outdoor space is a rare find. Located just minutes from historic downtown Rockwall, Lake Ray Hubbard, shopping, dining, and I-30, this home combines small-town charm with everyday convenience.

Investor Tools

Property Icon
$388,028
Estimated Property Value
$0Estimated Mortgage Balance
$388,028Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

Interested in this property?

Deborah Branch

Ebby Halliday, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$265/month
$185/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,245
$388,028
2025
$170,000
$218,028
$388,028
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,245
$388,028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$388,028
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$185/mo
+$2,125/mo
7.1%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rockwall

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124 Tupelo Dr | Property Details | No Agent List