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$875,000

3718 Herrick Street, Rockwall, TX, 75032

On MarketInfo
Beds5 Beds
Baths4 Bath
Baths4,144 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$211.15 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms 4Bathrooms 4
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Microwave, Double Oven
FlooringCarpet, Ceramic Tile, Tile, Wood

Exterior

Lot Size9,365 sqft

Building Information

Garage Spaces3

Land Information

APNS5047-0017-0006-00-0R
Lot Number6
Land UseResidential
Legal DescriptionSOMERSET PARK PHASE 2, BLOCK 17, LOT 6
Census Tract040512
Assessed Land Value$180,000
Assessment Year2025

About this property

One of Grand Homes' most desirable floor plans, this exceptional 2025-built residence combines timeless architecture featuring thoughtfully selected designer upgrades chosen during the build process. Barely lived in, it offers the advantages of new construction without the added time, expense, or countless design decisions. Located in one of Rockwall's growing, walkable communities, residents enjoy neighborhood green spaces, a community pool, and convenient access to the shopping, dining, parks, and the lake in Rockwall. Once inside, seamless flooring, a dramatic curved staircase, designer lighting, and walls of windows create an unforgettable first impression while filling the home with natural light. Designed for today's lifestyle, the spacious floor plan offers 5 bedrooms, 4 full bathrooms, 3 versatile living areas, a home office, and 3 car garage. The breathtaking two-story great room anchors the home and is open to the spacious kitchen and dining areas, while the upstairs living spaces offer the perfect flex space for a second living, media or lounge retreat. A separate enormous game room is large enough for movie nights, gaming, or fitness. The expansive kitchen features an oversized island with hidden pop-up outlet, room for bar stools, abundant cabinetry, double ovens, a gas cooktop, dedicated pantry, and generous prep space. The private primary suite offers a spa-inspired bath with a freestanding soaking tub, oversized walk-through shower, dual vanities, and an expansive walk-in closet. A first-floor secondary bedroom and full bath provide flexibility for guests, multigenerational living, or a secondary home office. Seller upgrades include laundry room cabinetry, built-in bench storage at garage entry, plantation shutters, upgraded lighting, rain shower head, fresh paint, and an extended covered patio overlooking a spacious backyard. Beautifully finished and move-in ready, this is a rare opportunity to own a nearly new home with premium upgrades!

Investor Tools

$698,230Estimated Mortgage Balance
$54,770Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,250 /month
Positive
Cash Flow Estimate:
$1,750 /month

Interested in this property?

Patty Turner

Keller Williams Rockwall

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$378/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$772
$180,000
2025
$180,000
N/A
$180,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$772
$180,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$709,666
No
First
Aug 22, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$698,230
$54,770
7%
93%
$4,255/mo

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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3718 Herrick Street | Property Details | No Agent List