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$714,062

NAL Estimated Property Value

518 Granite Fields Drive, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,466 Sq Ft
price_per_sqft$172.82 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Lot Size7,884 sqft

Building Information

Year Built2020
Stories1
Roof Type172
Garage Spaces2

Land Information

APNS5114-00GG-0005-00-0R
Lot Number5
SubdivisionStone Creek Phase Ix
Land UseResidential
Legal DescriptionSTONE CREEK PHASE IX, BLOCK GG, LOT 5
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$580,202
Assessment Year2025

About this property

Shows like new with great price improvement. Beautifully designed home in a highly desirable master-planned community backing to a peaceful greenbelt with easy access to parks, trails, and the community pool. From the moment you step inside, soaring ceilings, expansive windows, and abundant natural light create an open, inviting atmosphere. The spacious living area seamlessly connects to an upgraded kitchen featuring a large center island, ample cabinetry, and premium appliances—perfect for entertaining or everyday family living. The private primary suite offers a relaxing retreat with a sitting area and spa-like feel. A secondary downstairs bedroom with an en-suite bath provides ideal flexibility for guests, multigenerational living, or a private mother-in-law setup. A dedicated home office is also conveniently located on the first floor. Upstairs, you’ll find two additional bedrooms and an oversized game room overlooking the main living space below, creating the perfect setup for movie nights, kids’ space, or entertaining. Step outside to enjoy the covered patio and tranquil greenbelt views with no direct rear neighbors. Located in Rockwall ISD with convenient access to I-30 and Highway 66, this home combines functional living, privacy, and community amenities in one of Rockwall’s most sought-after areas.

Investor Tools

Property Icon
$714,062
Estimated Property Value
$314,624Estimated Mortgage Balance
$399,438Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,284 /month
Positive
Cash Flow Estimate:
$1,428 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,159/month
$850/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,333
$714,062
2025
$133,860
$580,202
$714,062
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,333
$714,062

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$349,900
No
First
Mar 26, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,624
$399,438
55%
44%
$2,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,948/mo
+$62/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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518 Granite Fields Drive | Property Details | No Agent List