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$711,067

NAL Estimated Property Value

4792 Secret Cove, Rockwall, TX, 75032

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,535 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.24 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size10,106 sqft

Building Information

Year Built2006
Stories1
Garage Spaces3

Land Information

APN4718-000B-0003-00-0R
Lot Number3
SubdivisionRainbow Lake Estates
Land UseResidential
Legal DescriptionRAINBOW LAKE ESTATES, BLOCK B, LOT 3
Census Tract040507
Assessed Land Value$145,000
Assessed Improvement Value$566,067
Assessment Year2025

About this property

This stunning two story home located in highly desirable Rainbow Lake Estates shows like a model. Perfect for those who enjoy golf. Only minutes away from Buffalo Creek Golf Course. The layout is ideal, with owners retreat and secondary bedroom for guest on first floor. The open concept in kitchen and living room is made for entertaining. On 2nd floor, the ultimate game room awaits with space for a separate living area and media room, with two additional bedrooms and jack and jill bath. The backyard provides the ultimate privacy for outdoor living and features fire pit, oversized stone patio, beautiful landscaping, and outdoor grill. Schedule your showing today!!!

Investor Tools

Property Icon
$711,067
Estimated Property Value
$412,806Estimated Mortgage Balance
$298,261Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,266 /month
Positive
Cash Flow Estimate:
$1,422 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,131/month
$84/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,011
$711,067
2025
$145,000
$566,067
$711,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,011
$711,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Zillow Home Loans Llc
Conventional
$460,000
No
First
Jan 18, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,806
$298,261
41%
58%
$2,758/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,842/mo
+$168/mo
5.1%

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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4792 Secret Cove | Property Details | No Agent List