
$559,000
NAL Estimated Property Value1415 Phelps Lake Dr, Rockwall, TX, 75087
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Inviting & Immaculate 1-Story Gem in the Heart of North Rockwall! This beautifully maintained single-story home on a spacious corner lot just under a quarter-acre truly stands out with unmatched curb appeal. From the moment you arrive, the well-manicured landscaping and exotic plants create a warm and welcoming atmosphere. Inside, you'll find 4 generously sized bedrooms and 3 full bathrooms, offering the perfect layout for comfort and functionality. The dedicated office, complete with elegant French doors, provides a private and quiet space—ideal for remote work or managing daily tasks. Entertain with ease in the oversized dining room, perfect for intimate dinners or lively family game nights. The open-concept floor plan fosters a social atmosphere, making it easy to stay connected with family and guests. The kitchen is a chef’s dream, featuring stainless steel appliances, a central island for meal prep, a trough-style sink, a butler’s area, and abundant cabinet space. The thoughtful layout includes two bedrooms sharing a full bath but separated Jack and Jill sinks, a separate guest bedroom with access to a full bath, and a luxurious master suite with a spacious ensuite bath, and an oversized walk-in closet. Step outside to your own backyard paradise! The custom cedar-plank covered patio includes a built-in grill and outdoor living area that overlooks a modern-style heated (gunite) saltwater pool and spa. Relax in style with extensive concrete decking, a gas fire pit with custom bench seating, and low-maintenance artificial turf that completes this dream backyard. This move-in-ready home is a rare find and won’t last long—schedule your private tour today!
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Rockwall
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