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$450,000

$465,000

1534 Petaluma Dr, Rockwall, TX, 75087

On MarketInfo
Price DropInfo
Beds4 Beds
Baths1 Bath
Baths2,406 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$187.03 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Oven, Gas Range, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesRain Gutters, Lighting, Storage
Lot Size12,023 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APN4294-000A-0029-00-0R
Lot Number29
SubdivisionLakeview Summit Phase Iv
Land UseResidential
Legal DescriptionLAKEVIEW SUMMIT PHASE IV, BLOCK A, LOT 29
Census Tract040101
Assessed Land Value$135,000
Assessed Improvement Value$391,038
Assessment Year2025

About this property

GREENBELT VIEWS, HUGE BACKYARD ON NATURE PRESERVE TRAIL SYSTEM, WITH A SHOP! Don't miss this rare opportunity to own one of the most desirable SINGLE STORY homesites in the newest phase of Lakeview Summit, offering breathtaking forest and greenbelt views, access to hiking & biking trails, community views of Lake Ray Hubbard. Welcome to your private nature-connected retreat in one of Rockwall’s most sought-after master-planned communities. This beautifully designed 4-bed, 2-bath home features soaring windows with panoramic views of mature native trees, bringing natural light and outdoor serenity into every room. Key Features: Premium greenbelt homesite with forest views & privacy. Large landscaped backyard backing to wooded preserve. Split floor plan with primary suite with tranquil nature views, and three secondary bedrooms on the opposite wing for privacy. Dedicated office, gym, flex room overlooking the greenbelt. Chef's dream kitchen with large granite island, gas cooktop, open living design, and a separate formal dining room. Cozy living room anchored by gas fireplace. Location Highlights: Located in the newest phase of Lakeview Summit Walkable community with friendly neighborhood feel. Direct access to Squabble Creek hiking & biking trails, and the Pettinger Nature Preserve. Located only 2 blocks from Rockwall ISD top-rated Grace Hartman Elementary School. Only minutes to Lake Ray Hubbard, shopping, dining, parks & marinas This home combines privacy, nature, trails, lake lifestyle, and convenience, great schools, excellent community, and offering a peaceful wooded sanctuary right in North Rockwall’s most desirable area. Homes with true greenbelt forest views, oversized yards, and your very own WORKSHOP or storage building, in this community rarely hit the market - especially SINGLE STORY HOMES. Experience the perfect blend of luxury, nature, and community. Schedule your private showing today, this one will not last.

Investor Tools

$514,198Estimated Mortgage Balance
$13,346Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,156 /month
Positive
Cash Flow Estimate:
$1,052 /month

Interested in this property?

Kim Woodul

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,869
$526,038
2025
$135,000
$391,038
$526,038
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,869
$526,038

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Access Capital Group Inc
Seller Carryback / Seller Financing / Seller Take-Back
$516,437
No
First
Mar 11, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$514,198
$11,840
2%
98%
$3,097/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$3,597/mo
$-1,287/mo
5.3%

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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