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$520,000

NAL Estimated Property Value

2647 Waterstone Ln, Rockwall, TX, 75032

SoldInfo
8/17/26
Beds4 Beds
Baths3 Bath
Baths2,703 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.23 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size13,242 sqft

Building Information

Year Built2010
Stories1
Garage Spaces2

Land Information

APN3685-000C-0004-00-0R
Lot Number4
SubdivisionFlagstone Estates
Land UseResidential
Legal DescriptionFLAGSTONE ESTATES, BLOCK C, LOT 4
Census Tract040503
Assessed Land Value$125,000
Assessed Improvement Value$394,000
Assessment Year2025

About this property

Discover the perfect blend of custom craftsmanship and modern efficiency in this stunning George Welch custom home, situated on an oversized cul-de-sac lot. This residence has been extensively updated for 2026, featuring a Brand New Roof, fresh neutral paint throughout, and a professional-grade kitchen upgraded with a new microwave and dishwasher to complement the premium built-in refrigerator. The heart of the home is an open-concept family room and chef’s kitchen featuring hand-scraped wood floors, soaring ceilings, a large island with natural stone countertops, and a generous walk-in pantry. The thoughtful floor plan features an enormous primary suite with a fully renovated bathroom and two secondary bedrooms on the first level, offering the convenience of single-story living with expanded flexibility. The upstairs is a true highlight: a massive, flexible space that functions perfectly as a Secondary Primary Suite, guest wing, or high-end Gameroom, complete with its own private full bath and walk-in closet. Step outside to a private, tree-lined backyard designed for year-round entertaining. The oversized covered patio features a cozy fireplace, an outdoor living area with a fire pit and kid’s playset—perfect for entertaining the whole family. Located in the heart of Rockwall, you are just minutes from the shores of Lake Ray Hubbard and the premier dining and shopping at The Harbor. Zoned to top-tier Rockwall ISD schools, including Amanda Rochell Elementary, Cain Middle, and Heath High.

Investor Tools

Property Icon
$520,000
Estimated Property Value
$318,191Estimated Mortgage Balance
$202,458Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,150 /month
Positive
Cash Flow Estimate:
$1,050 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$926/month
$440/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,511
$519,000
2025
$125,000
$394,000
$519,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,511
$519,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Conventional
$358,150
No
First
Oct 8, 2020
Nov 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$318,191
$255,809
44%
61%
$2,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,588/mo
+$422/mo
6.9%

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.

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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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2647 Waterstone Ln | Property Details | No Agent List