2135 Lake Estates Drive
About This Property
Inside, a private home office creates an ideal space for remote work, while the spacious primary suite features a generous walk-in closet and beautifully appointed bathroom. Three additional bedrooms offer plenty of flexibility for family, guests, a home gym, hobby room, or additional workspace.
At the heart of the home, the chef's kitchen features a built-in refrigerator, high-end finishes, generous prep and storage space, and an open layout designed for cooking, entertaining, and gathering. A large laundry room adds even more functionality to the floor plan.
Outside is where this Rockwall acreage property truly stands apart. The upgraded swimming pool creates a private backyard oasis and includes a convenient outdoor pool bath, making entertaining and summer days by the pool even easier. The expansive 1.5-acre lot provides space to play, entertain, garden, or simply relax and take in the spectacular Texas sunsets.
Car enthusiasts, hobbyists, and buyers needing additional storage or workspace will love the property's unique amenities. A secondary barn with space for up to four cars (6 car garage space total) plus a huge loft creates incredible possibilities for a car collection, workshop, recreational vehicles, storage, hobbies, or future flex space.
Experience country living in Rockwall, Texas without giving up the conveniences of the city. Situated on 1.5 private acres, this beautiful 4-bedroom, 2.5-bath home with a swimming pool, home office, barn, and extensive garage space offers privacy, breathtaking views, and room to live, work, entertain, and enjoy the outdoors.
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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 |
|---|---|---|---|
| Sep 23, 2026 | Price Decreased |
$795,000
↓ $30K
(3.6%) | |
| Price Decreased | |||
| Jul 14, 2026 | Relisted | $825,000 | |
| Relisted | |||
| Jul 2, 2026 | In contract | - | |
| In contract | |||
| May 27, 2026 | Listed by Real Broker, LLC | $825,000 | |
| Listed by Real Broker, LLC | |||
| Aug 12, 2024 | Sold | ||
| Sold | |||
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About Rockwall
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017