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$959,999

406 Prairie View Rd, Rockwall, TX, 75087

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths4,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$228.68 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
FlooringCarpet, Hardwood, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Lighting, Private Yard, Other
Lot Size22,695 sqft

Building Information

Year Built2018
Stories1
Garage Spaces3

Land Information

APNS4749-000A-0001-00-0R
Lot Number1
SubdivisionRidgecrest
Land UseResidential
Legal DescriptionRIDGECREST, BLOCK A, LOT 1
Census Tract040305
Assessed Land Value$83,000
Assessed Improvement Value$737,000
Assessment Year2025

About this property

Introducing a truly stunning, single story property nestled in the heart of Rockwall, TX. near great schools shopping and beautiful Lake Ray Hubbard. This exquisite home offers unparalleled luxury with its expansive floorplan encompassing 4 bedrooms and 4 bathrooms, artfully designed across an impressive residential footprint. The property features a spacious-4car garage, all set on a meticulously landscaped lot that promises both privacy and panoramic beauty. Step into a world of refined elegance where sophisticated finishes and modern comforts coalesce. The grand foyer welcomes you into an open-concept living space bathed in natural light, featuring high ceilings and designer touches throughout. A gourmet kitchen serves as the heart of the home, equipped with state-of-the-art appliances, quartz countertops, and a generous island perfect for both culinary adventures and casual gatherings. The living room, boasting a statement fireplace, is ideal for relaxation and entertaining alike. The primary suite is a sanctuary, offering tranquility with its generous proportions, a luxurious ensuite bath equipped with a soaking tub, dual vanities, and a walk-in closet designed to cater to the most discerning of tastes. Each additional bedroom is thoughtfully designed, providing ensuite facilities and ample storage space. A dedicated home office and a 2nd living area ensure that all your lifestyle needs are effortlessly me The allure of this property extends outdoors where meticulously curated grounds envelop the home, and multiple seating areas offer ample space for al fresco dining and leisure. The outdoor lounge area, complete with covered patio overlooking sparkling pool enhances the property's appeal as a year-round living destination. This is the one you have been waiting for!

Investor Tools

Property Icon
$915,000
Estimated Property Value
$624,000Estimated Mortgage Balance
$349,513Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,760 /month
Positive
Cash Flow Estimate:
$1,920 /month

Interested in this property?

Dee Evans

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,413/month
$675/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,375
$820,000
2025
$83,000
$737,000
$820,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,375
$820,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$624,000
No
First
Aug 16, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$567,664
$408,336
41%
62%
$3,742/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$4,417/mo
$-1,407/mo
3.9%

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.

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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406 Prairie View Rd | Property Details | No Agent List