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$499,900

786 Deverson Dr, Rockwall, TX, 75087

Off MarketInfo
Beds3 Beds
Baths4 Bath
Baths2,809 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.96 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,100 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN5177-000P-0007-00-0R
Lot Number7
SubdivisionStone Creek Phase Iib
Land UseResidential
Legal DescriptionSTONE CREEK PHASE IIB, BLOCK P, LOT 7, (REPLAT 2014)
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$451,771
Assessment Year2025

About this property

WOW under $500k in Stonecreek without skimping on the quality. A charming Windsor home in one of Rockwalls premier neighborhoods. This nice and open floorplan has real nail-down hardwood floors though out most of the downstairs and gorgeous wood plantation shutters. Both of these upgrades are well over $40,000! The kitchen is the hub of the home with a large island and beautiful real knotty Alder cabinets. Kitchen opens to the family room with wood floors and fire place. The generous primary bedroom is downstairs along with a nice study with coffered ceilings. Upstairs are two bedrooms with two full bathrooms and a gameroom. Large backyard and covered patio outback. This home has a great location just down the street from the community pool. Other homes in the price range seem cheap compared to this quality.

Investor Tools

Property Icon
$585,631
Estimated Property Value
$396,800Estimated Mortgage Balance
$206,208Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,514 /month
Positive
Cash Flow Estimate:
$1,171 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,055/month
$325/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,734
$585,631
2025
$133,860
$451,771
$585,631
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,734
$585,631

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Home 1st Lending Llc
Conventional
$396,800
No
First
Dec 1, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,423
$206,208
35%
65%
$2,380/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,310/mo
$2,705/mo
$-395/mo
4.7%

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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786 Deverson Dr | Property Details | No Agent List