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$905,000

707 Park Place Boulevard, Rockwall, TX, 75087

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths3,030 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$298.68 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Microwave, Wine Cooler

Exterior

Lot Size9,322 sqft

Building Information

Garage Spaces2

Land Information

APNS4622-000A-0002-00-0R
Lot Number2
SubdivisionPark Place West Ph Iii Addition
Land UseVacant Lots/Tracts Non Waterfront
Legal DescriptionPARK PLACE WEST PH III ADDITION, BLOCK A, LOT 2
Census Tract040305
Assessed Land Value$125,000
Assessment Year2025

About this property

Introducing 707 Park Place Boulevard — a beautifully appointed new construction residence by Blue Bird Developments, estimated for completion mid-September 2026. Offering approximately 3,030 square feet, this 4-bedroom, 4-bath home pairs timeless architecture with a warm, elevated interior palette and thoughtfully selected finishes throughout. Designed for both everyday living and entertaining, the main level features a spacious living room with fireplace, dining area, chef-inspired kitchen, walk-in pantry, dedicated wine space, mudroom, and covered outdoor living. The first-floor primary suite offers a private retreat, while a separate study or fourth bedroom with full bath provides flexibility for guests or a home office. Upstairs, two additional bedrooms are complemented by a generous game room and separate media-fitness-flex space. With 10-foot ceilings on both levels, a two-car garage, approximately 573 square feet of covered patios, and a sophisticated mix of warm neutrals, natural wood tones, statement tile and brushed brass finishes, every detail has been thoughtfully considered. Secure this home during construction and be settled into a brand-new Rockwall residence by fall.

Investor Tools

$96,875Estimated Mortgage Balance
$79,125Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,430 /month
Positive
Cash Flow Estimate:
$1,810 /month

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Chelsea Chiu

Christie's Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$245/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,061
$125,000
2025
$125,000
N/A
$125,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,061
$125,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The American National Bank Of Texas
Conventional
$107,950
No
First
Apr 14, 2021
May 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$96,875
$79,125
44%
55%
$648/mo

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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707 Park Place Boulevard | Property Details | No Agent List