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B+
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Days81Days on Market
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$539,900

$574,900

2360 Desert Falls Ln, Rockwall, TX, 75087

On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths3,243 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.48 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Gas Range, Gas Water Heater, Microwave, Convection Oven, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringBamboo, Tile

Exterior

Private PoolPrivate Pool
Lot Size8,407 sqft

Building Information

Year Built2005
Stories1
Garage Spaces2

Land Information

APN4962-000C-0008-00-0R
Lot Number8
SubdivisionShores North Phase 4b
Land UseResidential
Legal DescriptionSHORES NORTH PHASE 4B, BLOCK C, LOT 8
Census Tract040103
Assessed Land Value$136,000
Assessed Improvement Value$381,182
Assessment Year2025

About this property

PRICE IMPROVEMENT on this stunning home backing directly to Shores Park! Featuring a highly desirable first floor primary suite plus a private guest bedroom with full bath, this thoughtfully designed floorplan offers both convenience and flexibility. Step into a bright open layout filled with soaring ceilings and abundant natural light. The chef's kitchen is a true showstopper - complete with KitchenAid stainless steel appliances, a gas 5-burner dual fuel range with lower drawer baking oven. Granite countertops and an oversized island perfect for gathering and entertaining! The spacious family room invites you to relax with a cozy brick fireplace and wall of windows showcasing peaceful park views. A versatile flex space on the main level can easily serve as a media room, game room, bedroom an additional living area. Upstairs you will find a generous game room, two additional bedrooms and a full bath - plus charming French doors leading to a private balcony, the perfect spot to unwind and enjoy sunsets and lake views! Located in the highly sought-after Shores community, enjoy resort style amenities including a restaurant, clubhouse, fitness center, golf, tennis, pickelball and swimming pools - family pool and private adult pool. All of this, just minutes from top-rated schools, parks and shopping & the lake - this home truly has it all!

Investor Tools

$103,411Estimated Mortgage Balance
$489,769Estimated Equity
82% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,558 /month
Positive
Cash Flow Estimate:
$1,186 /month

Interested in this property?

Karen Rutherford

RE/MAX DFW Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$828/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,974
$517,182
2025
$136,000
$381,182
$517,182
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,974
$517,182

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$110,000
No
First
Mar 3, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$103,411
$489,589
82%
17%
$660/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,085/mo
+$1,925/mo
6.1%

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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2360 Desert Falls Ln | Property Details | No Agent List