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$279,000

657 Turtle Cove Blvd, Rockwall, TX, 75087

$362,700 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,266 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$123.12 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Exterior FeaturesRain Gutters
Lot Size4,487 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN5187-000E-0016-00-0R
Lot Number16
SubdivisionTurtle Cove
Land UseResidential
Legal DescriptionTURTLE COVE, BLOCK E, LOT 16
Census Tract040303
Assessed Land Value$166,250
Assessed Improvement Value$223,247
Assessment Year2025

About this property

Immaculate home in the lakeside gated community of Turtle Cove. This lovely 4 bedroom, 2.5 bath home boasts granite counter tops, energy efficient windows, new water heater and designer paint. Master bath has a fantastic walk in shower, vanity and updated fixtures. Huge formal living area with gorgeous fireplace. Guest bedrooms upstairs have lots of room and closet space with a nice loft area overlooking living room down stairs. Enjoy morning coffee on the cozy enclosed back porch looking at a nicely landscaped yard in a well established neighborhood. Sprinkler system and wood fence finishes off this well cared for home in Turtle Cove. Don't miss out on this beautiful home with no HOA!

Investor Tools

Property Icon
$392,000
Estimated Property Value
$195,930Estimated Mortgage Balance
$218,641Estimated Equity
50% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$362,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,352 /month
Positive
Cash Flow Estimate:
$784 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$580/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,997
$389,497
2025
$166,250
$223,247
$389,497
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,997
$389,497

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sfmc Lp
Conventional
$195,930
No
First
Jun 26, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,359
$218,641
55%
44%
$1,175/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$1,175/mo
+$1,835/mo
9.2%

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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657 Turtle Cove Blvd | Property Details | No Agent List