See Home Value
$400,000
● House - Off Market

401 Point Royal Drive

Rowlett, TX 75087
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,620 Ft²
$2,009
Est. Monthly

About This Property

With no HOA, this beautifully remodeled home sits on a nearly one-third-acre corner lot in the sought-after Point Royal subdivision, offering partial lake views, exceptional outdoor space, and access to highly regarded Rockwall ISD schools. For boating enthusiasts, two marinas are just a short drive away, placing Lake Ray Hubbard practically at your doorstep.

Welcome to 401 Point Royal Drive - a rare opportunity to own in one of the area's most desirable neighborhoods, within walking distance of Cullins Lake Pointe Elementary School. Combining luxury updates, oversized lot size, and a prime location, this home offers broad appeal for homeowners and investors alike.

The upstairs primary suite is intentionally positioned for privacy and features its own private balcony overlooking partial lake views, creating a peaceful retreat rarely found in homes at this price point. A second balcony also captures water views, adding to the home's distinctive character.

Downstairs, the open and inviting layout is designed for entertaining. With stylish finishes, updated luxury vinyl plank flooring, brand new lighting and thoughtfully remodeled living spaces throughout, this home oozes charm and charisma.

With no HOA restrictions, buyers seeking flexibility may appreciate the potential for a variety of ownership strategies, including primary residence, long-term rental, or furnished rental opportunities, subject to buyer due diligence and local regulations.

Conveniently located near Lake Ray Hubbard, shopping, dining, and major commuter routes, opportunities combining oversized lots, some water views, luxury updates, and Rockwall ISD are increasingly hard to find at this price point.
Unit Size
2,620 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$156
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1985

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Last updated: 5 months ago (NTREIS #21132149)

Price History

Date / Event Date Event Price
Jul 8, 2026 Sold
Sold
Jun 5, 2026 In contract -
In contract
Jun 2, 2026 Price Decreased $409,000
↓ $10K (2.4%)
Price Decreased
May 19, 2026 Relisted $419,000
Relisted
May 15, 2026 In contract -
In contract
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Property Highlights

Garage
Parking Available
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1987
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 13
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 594
  • Parking Space Count: 2
  • Patio Type: 60
  • Porch Type: 66
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,201
  • Lot Size Depth Feet: 1,580
  • Lot Size Frontage Feet: 900
  • Total Building Area: 3,214
  • Gross Building Area: 3,310
  • Building Area: 2,620
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,620
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POINT ROYAL
  • Land Acres: 0000000326
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: POINT ROYAL, BLOCK F, LOT 12

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040301

Geography

  • Assessors Map Reference: 282-X
  • Subdivision Tract Number: 12
  • Parcel: 20941
  • Block: F
  • Lot: 12
  • Municipality: ROWLETT
  • Latitude: 32.9126
  • Longitude: -96.5059

    Address

  • Full Address: 401 Point Royal Dr
  • Address - House Number: 401
  • Address - Street Name: Point Royal
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R031
  • 4-Digit Zip Code: 8720
  • Zip Code: 75087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $752,190
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.1879
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 75
  • Final Value: 405,072
  • High Value: 481,194
  • Low Value: 328,950

    Market Valuation

  • Market Total Value: $375,045
  • Market Land Value: $175,500
  • Market Improvement Value: $199,545

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $375,045
  • Assessed Land Value: $175,500
  • Assessed Improvements Value: $199,545

    Sales

  • Current Sale Contract Date: Aug 15, 2013
  • Current Sale Recording Date: Aug 26, 2013
  • Current Sale Price:
  • Current Sale Document Type: 30
  • Current Sale Input Document Number: 00495329
  • Previous Sale Recording Date: Feb 21, 2012
  • Previous Sale Contract Date: Feb 09, 2012
  • Previous Sale Amount: $201,000
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Point Royal Estates


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Frequently Asked Questions

When was property at 401 Point Royal Drive built and last sold?
The property at 401 Point Royal Drive was built in 1985 and last sold on Aug 15, 2013 for $198,000.
How much is this home worth?
The estimated value of the home located at 401 Point Royal Drive is $415,309.
What are some comparable homes to 401 Point Royal Drive?
There are currently no comparable homes to 401 Point Royal Drive.