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$759,339

NAL Estimated Property Value

741 Turtle Cove Blvd, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,407 Sq Ft
price_per_sqft$311.59 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Microwave, Vented Exhaust Fan
FlooringBamboo

Exterior

Exterior FeaturesRain Gutters
Lot Size8,320 sqft

Building Information

Year Built2006
Stories1
Garage Spaces2

Land Information

APN5187-000A-0066-00-0R
Lot Number66
SubdivisionTurtle Cove
Land UseResidential
Legal DescriptionTURTLE COVE, BLOCK A, LOT 66, (REPLAT-2)
Census Tract040303
Assessed Land Value$464,000
Assessed Improvement Value$295,339
Assessment Year2025

About this property

LAKEFRONT PROPERTY IN GATED NEIGHBORHOOD!!! Turtle Cove is a hidden gem and peaceful neighborhood in the heart of Rockwall that offers a community pool, tennis courts and clubhouse. Charming one-story home with great curb appeal on Lake Ray Hubbard. Easy access to I-30 and The Harbor for dining, entertainment and shopping! Bamboo flooring throughout main areas and an abundance of windows and light. Open concept floor plan with large kitchen, spacious main living area, formal dining and 4 bedrooms! Oversized primary suite with seating area. Ensuite features garden tub, separate shower and walk-in closet. Huge, newly stained, wooden deck spans the entire width of house and perfect place to enjoy the gorgeous sunsets over LRH. Gated backyard and fence can be moved out for additional yard space. Private dock may be built. HOA includes mowing, maintaining front yard. Roof and gutters replaced in 2023.

Investor Tools

Property Icon
$759,339
Estimated Property Value
$656,949Estimated Mortgage Balance
$102,390Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,556 /month
Positive
Cash Flow Estimate:
$1,519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$674/month
$550/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,285
$759,339
2025
$464,000
$295,339
$759,339
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,285
$759,339

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Conventional
$679,250
No
First
Jul 11, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$656,949
$102,390
13%
87%
$4,073/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$4,623/mo
$-1,613/mo
4.8%

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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