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$575,000

2978 Oak Dr, Rockwall, TX, 75032

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.27 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size20,691 sqft

Building Information

Year Built1992
Stories1
Garage Spaces2

Land Information

APN3713-000A-0007-00-0R
Lot Number7
SubdivisionFoxchase Ph 1
Land UseResidential
Legal DescriptionFOXCHASE PH 1, BLOCK A, LOT 7
Census Tract040507
Assessed Land Value$220,000
Assessed Improvement Value$305,753
Assessment Year2025

About this property

Exceptional location and outdoor living in Rockwall's established Foxchase neighborhood! Conveniently located near Lake Ray Hubbard, The Harbor District with its waterfront dining and entertainment, shopping, and I-30, this 3,038-square-foot home sits on an expansive 0.475-acre lot with a swimming pool and spa. The versatile two-story floor plan offers 4 bedrooms, 2.5 baths, formal living and dining rooms, a dedicated study, and a spacious den open to the breakfast area and updated kitchen featuring quartz countertops, stainless steel appliances, and generous pantry storage. The main-level primary suite includes a recently updated bath with new flooring, countertops, tub, shower, and fixtures. Upstairs, three additional bedrooms, a full bath, and loft living area provide additional flexibility. Outdoors, the large swimming pool with built-in seating and spa is complemented by a covered patio and expansive side yards, offering abundant space for entertaining and recreation. A double gate off the alley provides access for boat or RV parking, in addition to the two-car garage and driveway. A new roof was installed in September 2026. Located in a neighborhood with a voluntary association rather than a mandatory HOA.

Investor Tools

$0Estimated Mortgage Balance
$585,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,510 /month
Positive
Cash Flow Estimate:
$1,170 /month

Interested in this property?

Brandon Fleeman

Ebby Halliday, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$858/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,373
$525,753
2025
$220,000
$305,753
$525,753
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,373
$525,753

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,010/mo
N/A
+$3,010/mo
6.2%

City: Rockwall

2978 Oak Dr | Property Details | No Agent List