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$650,000

311 Featherstone Dr, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,376 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.54 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesGas Grill, Rain Gutters, Lighting, Outdoor Kitchen, Private Yard
Lot Size9,191 sqft

Building Information

Year Built2017
Stories1
Garage Spaces2

Land Information

APNS5111-000T-0008-00-0R
Lot Number8
SubdivisionStone Creek Phase Vi
Land UseResidential
Legal DescriptionSTONE CREEK PHASE VI, BLOCK T, LOT 8
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$492,373
Assessment Year2025

About this property

Discover refined living in this 4-bed, 3.5-bath home with attached 3 car garage, nestled in family-friendly Stone Creek. Located in award-winning Rockwall ISD, and walking distance to both Hamm Elementary and Williams Middle School, as well as community pool and park. Enjoy a perfectly designed open layout with 2 bedrooms downstairs including a guest suite, large master suite and a spa-like master bath. Upstairs, you will find a kids' retreat with a game room, 2 large bedrooms and a shared bath. Nothing was left unthought of in this gorgeous home. You will appreciate the updated interior features throughout, including the lighting and hardware selections, wood floors, and plantation shutters. Step outside to mature landscaping, an oversized covered patio and outdoor kitchen that is perfect for entertaining family and friends. Experience elegance and convenience in one of Rockwall's premier neighborhoods!

Investor Tools

Property Icon
$632,000
Estimated Property Value
$520,000Estimated Mortgage Balance
$130,687Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$996/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,789
$626,233
2025
$133,860
$492,373
$626,233
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,789
$626,233

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$520,000
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$501,313
$130,687
20%
79%
$3,118/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$3,768/mo
$-758/mo
5.7%

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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311 Featherstone Dr | Property Details | No Agent List