B+

NoAgentList RatingHow are grades calculated?

1view

$600,000

1411 Misty Cove, Rockwall, TX, 75087

Off Market

5 Beds

3 Bath

3,413 Sq Ft

Single Family Residence

$175.8 / sqft

Built in 2005

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Garage Available

Heating Gas

Cooling

AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave

FlooringCarpet, Ceramic Tile, Wood

Exterior

Private Pool

Exterior FeaturesRain Gutters, Lighting, Private Yard

Lot Size8,538 sqft

Building Information

Year Built2005

Stories1

Garage Spaces2

Land Information

APN3974-000I-0012-00-0R

Lot Number12

SubdivisionHillside Ph 4 The Shores

Land UseResidential

Legal DescriptionHILLSIDE PH 4 (THE SHORES), BLOCK I, LOT 12

Census Tract040101

Assessed Land Value$131,300

Assessed Improvement Value$438,993

Assessment Year2025

About this property

Welcome to your dream home in award winning Rockwall ISD, near Lake Ray Hubbard! This 5 bedroom gem, nestled in the Shores Community, boasts wood floors, updated kitchen with granite countertops and stainless steel appliances. Enjoy entertaining friends and family with the open floorplan or relaxing in the low maintenance backyard with a saltwater pool and soothing water feature. Downstairs, there are 2 nice sized bedrooms, a master suite that is more of a tranquil retreat, while the second downstairs bedroom offers versatility as an office or the perfect nursery. Upstairs, you will find a dedicated kids retreat featuring a spacious game room alongside 3 additional bedrooms and a full bath offering ample space for play and relaxation. The Shores Community offers an array of amenities including pools, walking trails, parks, playgrounds, tennis courts, fitness facilities and dining options, as well as an 18 hole private golf course. Don't miss your chance on this amazing home!

Investor Tools

$577,000

Estimated Property Value

$0Estimated Mortgage Balance

$89,685Estimated Equity

100% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,600 /month

Positive

Cash Flow Estimate:

$1,200 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$874/month

$700/month

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$7,604

$570,293

2025

$131,300

$438,993

$570,293

Tax History

Year

Tax Paid

Assessed Value

2024

$7,604

$570,293

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranteed Rate Inc

Conventional

$506,300

First

Apr 11, 2024

May 2054

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$487,315

$89,685

15%

84%

$3,036/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$3,010/mo

$3,736/mo

$-726/mo

6.3%

Learn About the Market: Opportunity in Texas

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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.

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