1530 Petaluma Drive
About This Property
Step inside to an open floor plan featuring a spacious living room with elegant plantation shutters and a striking custom marble fireplace, perfect for both everyday living and entertaining. The designer kitchen is sure to impress any chef with its stainless steel appliances, gas cooktop with a custom vent hood, granite countertops, a large center island, and a stylish tile backsplash that adds a touch of sophistication. Step outside to an inviting covered patio and beautifully landscaped yard, ideal for outdoor living or simply enjoying evenings in privacy.
Additional highlights include smart home technology, elegant flooring and lighting throughout, and a thoughtful layout designed for functional, comfortable living. Located within walking distance to top-rated Rockwall ISD schools, parks, and hiking trails, this home offers a strong connection to the community and outdoor activities.
For those who love waterfront fun, the home is just minutes from Lake Ray Hubbard, offering boating, fishing, and weekend water recreation. Plus, enjoy easy access to The Harbor's vibrant restaurants, shopping, and entertainment options. Major highways I-30 and TX-205 are close by, making your daily commute or weekend adventures a breeze.
This turnkey home provides the ideal blend of location, upgrades, and value, all at a price designed for a quick sale. Don't miss your chance to own a stunning Rockwall home with all the features buyers desire. Schedule your private showing today before this incredible opportunity is gone!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 15, 2026 | Sold | ||
| Sold | |||
| Feb 17, 2026 | In contract | - | |
| In contract | |||
| Dec 22, 2025 | Relisted | $462,500 | |
| Relisted | |||
| Oct 20, 2025 | In contract | - | |
| In contract | |||
| Oct 2, 2025 | Price Decreased |
$450,000
↓ $15K
(3.2%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017