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$472,500

789 Deverson Dr, Rockwall, TX, 75087

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,628 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.79 / sqft
Year BuiltBuilt in 2013

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, Electric Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,837 sqft

Building Information

Year Built2013
Stories1
Garage Spaces2

Land Information

APN5177-000O-0005-00-0R
Lot Number5
SubdivisionStone Creek Phase Iib
Land UseResidential
Legal DescriptionSTONE CREEK PHASE IIB, BLOCK O, LOT 5, (REPLAT 2014)
Census Tract040202
Assessed Land Value$133,860
Assessed Improvement Value$374,463
Assessment Year2025

About this property

Look no further - Located in the sought after Stone Creek neighborhood in Rockwall. This home has all the designer touches you are desiring. Open and inviting ready for entertaining. Designer coffered tray ceiling in family room. Spacious kitchen with center island that opens to the breakfast and family room. Office and split bedrooms allow you to work from home and have privacy. Large Master, generous walk in closet and jetted tub, plus TV in master bath stays. Huge Game room with half bath in 2nd story, can be a 2nd Master Suite. Outdoor covered patio offers opportunity to enjoy the outdoors year-round. Community pool, parks and walk and bike paths and many family activities make this the family home for you!

Investor Tools

Property Icon
$513,000
Estimated Property Value
$325,500Estimated Mortgage Balance
$215,758Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,078 /month
Positive
Cash Flow Estimate:
$1,026 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$824/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,320
$508,323
2025
$133,860
$374,463
$508,323
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,320
$508,323

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Midwest Mortgage Associates Corp
Conventional
$325,500
No
First
Oct 25, 2021
Nov 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$297,242
$215,758
42%
58%
$1,952/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
$2,602/mo
+$408/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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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789 Deverson Dr | Property Details | No Agent List