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B+
NoAgentList RatingHow are grades calculated? Info

$617,000

541 Petrel Drive, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.8 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesWater Purifier, Built-In Gas Range, Dishwasher, Disposal, Electric Oven, Gas Cooktop, Microwave, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard
Lot Size7,187 sqft

Building Information

Year Built2022
Stories1
Roof Type172
Garage Spaces3

Land Information

APNS5115-00II-0016-00-0R
Lot Number16
SubdivisionStone Creek Phase X
Land UseResidential
Legal DescriptionSTONE CREEK PHASE X, BLOCK II, LOT 16
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$483,140
Assessment Year2025

About this property

Why settle for the hassle of ongoing construction in a brand-new development or the uncertainty of maintenance needs on a 10+ year-old home? You get the best of both worlds - a move-in-ready home completed in 2023, with over $65,000 in thoughtful upgrades that aren't included in the more expensive, newly built versions' advertised price. You'll enjoy the benefits of new construction without the noise, dust, or waiting & without the hidden costs that can come with older homes, like appliance replacements or major repairs. The home is ready today - no compromises, no construction delays, just immediate comfort & long-term value. Book your showing today! Step into this beautifully designed Home featuring an open-concept floor plan with split bedrooms, perfect for both privacy & entertaining. Single-story gem offers three spacious bedrooms, each with en-suite private baths, along with a dedicated study & a cozy media room for all your lifestyle needs. The heart of the home is the gourmet kitchen, boasting custom-painted cabinetry, elegant marble countertops, 5-burner gas cooktop, double ovens, walk-in pantry, and built-in hutch—ideal for those who love to cook & entertain. dining area IS seamlessly connects to the kitchen & main living space, creating a warm & welcoming environment for gatherings. The primary suite is a luxurious retreat, filled with natural light & a charming sitting area. spa-inspired bathroom perfect for unwinding after a long day. Enjoy extensive wood flooring, upgraded tile, & stylish patterned carpet throughout. Step outside to an extended outdoor living area with up lighting & a beautiful upgraded front door that enhances curb appeal. Located in the desirable Stone Creek Community, enjoy amenities like a neighborhood pool, park, scenic walking trails,& catch & release ponds. Just 20 miles from Downtown Dallas, find the perfect balance of small-town charm & big-city convenience. Ask about our Pool Renderings from Pool Stop!

Investor Tools

Property Icon
$617,000
Estimated Property Value
$0Estimated Mortgage Balance
$617,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,702 /month
Positive
Cash Flow Estimate:
$1,234 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,022/month
$825/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,175
$617,000
2025
$133,860
$483,140
$617,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,175
$617,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$617,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$825/mo
+$1,485/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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541 Petrel Drive | Property Details | No Agent List