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$730,000

1530 Fairlakes Pointe Dr, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths3,415 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$213.76 / sqft
Year BuiltBuilt in 1999

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Heat PumpHeating Heat Pump
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven
FlooringCarpet, Ceramic Tile, Hardwood, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size10,019 sqft

Building Information

Year Built2010
Stories2
Garage Spaces3

Land Information

APN3618-000A-0021-00-0R
Lot Number21
SubdivisionFairway Pointe Phase 2 The Shores
Land UseResidential
Legal DescriptionFAIRWAY POINTE PHASE 2 (THE SHORES), BLOCK A, LOT 21
Census Tract040101
Assessed Land Value$247,955
Assessed Improvement Value$575,526
Assessment Year2025

About this property

An extraordinary residence that exudes the sophistication and polish of a model home. Beautifully cared for and thoughtfully enhanced, this stunning property offers an exceptional blend of timeless elegance, modern comfort.From the moment you arrive, the home makes an impressive statement. New windows bring an abundance of natural light indoors while enhancing energy efficiency and everyday comfort. The interior showcases the refined feel of a professionally presented model home, creating an inviting atmosphere that is both elegant and incredibly livable.The true showstopper awaits beyond the living spaces. Step into an extraordinary private backyard oasis, where a spectacular oversized pool and spa create the ultimate setting for relaxation and entertaining. Whether hosting unforgettable gatherings, enjoying a refreshing swim, or unwinding beneath the Texas sky, this backyard feels like your own private resort overlooking the golf course. Adding another exceptional layer of value is the Base power unit, providing an innovative energy solution designed to help reduce electricity costs while offering backup power during an outage. With the potential to keep essential home power running for up to approximately 70 hours, depending on usage and conditions, it offers both convenience and peace of mind.This is more than a beautiful home—it is a lifestyle. Impeccably presented, thoughtfully upgraded, and complete with a resort-inspired backyard and innovative energy features, it is a rare opportunity to experience elevated living in one of Rockwall’s most desirable settings. Professional pictures will be uploaded in the next 24 hours.

Investor Tools

$366,313Estimated Mortgage Balance
$457,168Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,941 /month
Positive
Cash Flow Estimate:
$1,647 /month

Interested in this property?

Rita Ferris

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,165/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,862
$823,481
2025
$247,955
$575,526
$823,481
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,862
$823,481

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Integrity Mortgage Corporation Of Texas
Conventional
$405,000
No
First
Aug 17, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,313
$457,168
55%
44%
$2,429/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1530 Fairlakes Pointe Dr | Property Details | No Agent List