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$692,000

NAL Estimated Property Value

729 Turtle Cove Blvd, Rockwall, TX, 75087

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,193 Sq Ft
price_per_sqft$318.74 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Exterior FeaturesBalcony, Courtyard, Rain Gutters, Lighting
Lot Size5,009 sqft

Building Information

Year Built2000
Stories1
Garage Spaces2

Land Information

APN5187-000C-0004-00-0R
Lot Number4
SubdivisionTurtle Cove
Land UseResidential
Legal DescriptionTURTLE COVE, BLOCK C, LOT 4 (SEE REPLAT 2)
Census Tract040303
Assessed Land Value$464,000
Assessed Improvement Value$189,299
Assessment Year2025

About this property

This lakefront home is a unicorn! Located within the gated community of Turtle Cove HOA, 729 is grandfathered in & is not part of the HOA. Join to use the pool, the tennis courts & the clubhouse or don't; You choose! Seller has already added a retaining wall & you can install a dock. At the water's edge, enjoy the lake breezes and the visual interest of the lake on the trex decking patio. The yard also features plenty of grass, a firepit, & a plenty of open patio with stamped concrete. Walking up the private, winding path to the front door, you will be enchanted by flora & fauna, & the charming path continuing on to the yard & lake. Inside, the owners have lovingly remodeled the home for maximum comfort & style with big ticket items like the roof, HVAC & windows all replaced. Now it is ready for you to come live your best life! Unique floorplan features 3 lving spaces with 2 bedrooms & 2 baths. Kitchen has gorgeous honed leather granite coutertops & bright cabinets with built in lazy susan, pull out drawers & spice rack. And wait until you see the pantry-- it's huge! One living room has vaulted ceilings, a wood burning fireplace with a living edge mantel & contemporary tiling plus large windows with plantation shutters. This space is open to the kitchen for open communication. One living room is separate from the kitchen. Great for intimate conversations, its big enough to have a TV & pool table on the other end. Then there is the sun room with walls of windows & climate controlled with remote shades & a mini-split. The warm colored eng wood floors are carried through most of the downstairs for great flow. The spacious upstairs master maximizes your views & has its own giant balcony. You will fall in love with your ever changing view: private, green & lush in the summer & expansive lake views in the winter. The master bath has a large walk in shower & a deep tub for a nice relaxing soak. If you're looking for a unique turn key lakefront home, you've found it!

Investor Tools

Property Icon
$692,000
Estimated Property Value
$424,718Estimated Mortgage Balance
$267,943Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,194 /month
Positive
Cash Flow Estimate:
$1,398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
$499/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,734
$653,299
2025
$464,000
$189,299
$653,299
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,734
$653,299

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$435,000
No
First
Mar 13, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$424,718
$228,581
34%
61%
$2,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$3,108/mo
$-798/mo
4.0%

City: Rockwall

729 Turtle Cove Blvd | Property Details | No Agent List