Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$441,600

NAL Estimated Property Value

602 Covey Trl, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,298 Sq Ft
price_per_sqft$180.59 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

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

Exterior

Lot Size10,498 sqft

Building Information

Year Built2005
Stories1
Garage Spaces1

Land Information

APN4707-000G-0001-00-0R
Lot Number1
SubdivisionQuail Run Valley No 2
Land UseResidential
Legal DescriptionQUAIL RUN VALLEY NO 2, BLOCK G, LOT 1
Census Tract040202
Assessed Land Value$140,000
Assessed Improvement Value$301,600
Assessment Year2025

About this property

**Price Improvement and Seller offering $5000 toward Buyers Closing costs with acceptable offer!!** Don't wait too long! Looking for an extremely well maintained one story? This One owner home in the sought after community of Quail Run. This barely lived in home gives you a designated Office space with French doors, Formal dining, large eat in kitchen space and separate island with plenty of cabinets that overlooks the spacious living room. Down the hall you will find an ample built in desk space with cabinets, two secondary bedrooms and full bath tucked away. The large Primary bedroom and bath retreat rounds out the bedrooms and it is spacious! Lots of natural light and plantation shutters throughout the home, Don't miss the beautiful green space at the edge of this community with large lake, walking trails and lots of open green space. Take a quick drive by and check it out! Don't miss this wonderful neighborhood in Rockwall ISD serviced by the new Hamm Elementary and close to Kroger, Tom Thumb, YMCA, Starbucks, Chick Fil A and more - Come make this one your own! Click on the virtual tour to walk thru!

Investor Tools

Property Icon
$441,600
Estimated Property Value
$391,884Estimated Mortgage Balance
$49,716Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,650 /month
Positive
Cash Flow Estimate:
$883 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$623/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,265
$441,600
2025
$140,000
$301,600
$441,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,265
$441,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$397,700
No
First
Jul 11, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$391,884
$49,716
11%
89%
$2,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,735/mo
$-425/mo
6.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

602 Covey Trl | Property Details | No Agent List