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$549,900

310 Iris Drive, Rockwall, TX, 75087

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths3,186 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.6 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting
Lot Size10,498 sqft

Building Information

Year Built2013
Stories1
Garage Spaces3

Land Information

APN5176-000L-0018-00-0R
Lot Number18
SubdivisionStone Creek Phase Iia
Land UseResidential
Legal DescriptionSTONE CREEK PHASE IIA, BLOCK L, LOT 18, (REPLAT 2014)
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$501,738
Assessment Year2025

About this property

Don't miss this beautiful 5 bedroom home, in family friendly community of Stone Creek and award winning Rockwall ISD. This home features hand scraped hardwood floors, stainless steel appliances, large covered patio, oversized lot with privacy, great floorplan for entertaining, and a 3 car garage. Downstairs offers 2 bedrooms including a separate guest suite, large master suite, spa like master bath, open concept kitchen, dining room, and study with built-ins. Upstairs is a kids retreat with game room, media room, and 3 additional bedrooms with 2 full baths. Neighborhood offers community pool, jogging paths, parks, playgrounds, and large pond. Extremely well maintained home that won't last long!

Investor Tools

Property Icon
$635,598
Estimated Property Value
$0Estimated Mortgage Balance
$268,946Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,814 /month
Positive
Cash Flow Estimate:
$1,271 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$999/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,816
$635,598
2025
$133,860
$501,738
$635,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,816
$635,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Unknown
$200,000
No
First
Dec 23, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$366,652
$268,946
42%
58%
$2,400/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$3,050/mo
$-40/mo
5.7%

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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