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$549,999

$559,900

1374 Petaluma Dr, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Price DropInfo
Beds5 Beds
Baths4 Bath
Baths3,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.45 / sqft
Year BuiltBuilt in 2009

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop
FlooringTile

Exterior

Lot Size11,587 sqft

Building Information

Year Built2009
Stories1
Garage Spaces2

Land Information

APN4293-000G-0031-00-0R
Lot Number31
SubdivisionLakeview Summit Phase 3
Land UseResidential
Legal DescriptionLAKEVIEW SUMMIT PHASE 3, BLOCK G, LOT 31
Census Tract040101
Assessed Land Value$148,500
Assessed Improvement Value$376,500
Assessment Year2025

About this property

Spacious 5-bedroom home featuring 2 living areas, 4 full bathrooms & a 3-car garage. This home offers plenty of room for family living and entertaining. The open concept layout showcases extensive wood and ceramic tile flooring, a stunning granite island kitchen with decorative tile backsplash, stainless steel appliances, and an oversized walk-in pantry. Gather around the cozy fireplace or relax under the covered cedar patio overlooking the backyard. Residents enjoy access to the community pool and the convenience of being directly across from Hartman Elementary School. Ideally located just minutes from Historic Downtown Rockwall, you'll have easy access to popular local restaurants, boutique shopping, community events, and entertainment. Nearby Highway 66 provides quick and convenient access across Lake Ray Hubbard, making commutes to Dallas and surrounding areas a breeze. With shopping, dining, parks, and the lake all close by, this home offers the perfect combination of space, comfort, and an exceptional Rockwall location.

Investor Tools

Property Icon
$565,000
Estimated Property Value
$309,243Estimated Mortgage Balance
$288,035Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,390 /month
Positive
Cash Flow Estimate:
$1,130 /month

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Stacy Massar

TruHome Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
$233/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,107
$525,000
2025
$148,500
$376,500
$525,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,107
$525,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$309,243
Yes
First
Feb 1, 2021
Oct 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$276,965
$288,035
50%
49%
$1,855/mo

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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1374 Petaluma Dr | Property Details | No Agent List