When was property at 505 Parks Avenue built and last sold?

The property at 505 Parks Avenue was built in 1930 and last sold on Mar 10, 2022 for $329,175.

How much is this home worth?

The estimated value of the home located at 505 Parks Avenue is $0.

What are some comparable homes to 505 Parks Avenue?

There are currently no comparable homes to 505 Parks Avenue.

Rockwall

75087

505 Parks Avenue

$320,000

● House - Off Market

505 Parks Avenue

Rockwall, TX 75087

3 Beds

0 Bath

1,104 Ft²

$2,002

Est. Monthly

6.54%

Cap Rate

About This Property

It may have been built in 1930, but thorough and thoughtful remodeling brings this home into current times in style. Truly move in ready, this open concept floorplan makes entertaining a breeze. Eat-in island kitchen is accented with designer touches, modern two-tone cabinetry, granite counters, 5-burner gas range, stainless steel appliances, decorative lighting and LVP flooring. Spacious primary suite features a lush spa-like bath. 2 additional bedrooms complete and a luxurious full bath. On a quiet street within a 5 minute walk to the Old Downtown Rockwall Square and enjoy the Farmers' Market, restaurants, and shopping. You'll love the large back yard with large trees, beautiful 20x20 Pergola, large outdoor patio and wi-fi sprinkler system. Extensive Ring system provides extra security both inside and outside the house. Come make this beautifully updated & move-in ready gem your home sweet home!

Flat screen televisions stay with the property.

Unit Size

1,104 Ft²

Days on Market

Land Size

0.16 acres

Price per sqft

$290

Property Type

House

Property Taxes

$431

HOA Dues

Year Built

1930

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Cap Rate Calculator

Last updated: 3 years ago (NTREIS #20702599)

Price History

Date / Event	Date	Event
Sep 20, 2024	Sold	Premium
Sold
Aug 27, 2024	In contract	-
In contract
Aug 16, 2024	Listed by Elysian Agency	$320,000
Listed by Elysian Agency
Mar 10, 2022	Sold	Premium
Sold
Feb 17, 2022	Listed by Redfin Corporation	$320,000
Listed by Redfin Corporation

	Fabulous Rockwall 3 bed beauty recently remodeled down to the studs! Open concept floorplan makes entertaining a breeze. Eat-in island kitchen is accented with designer touches, modern two-tone cabinetry, granite counters, 5-burner gas cooktop, stainless steel appliances, and decorative lighting. Spacious primary suite features a lush spa-like bath. 2 additional bedrooms complete with a luxurious full bath. Within a 5 minute walk to the Old Downtown Rockwall Square. Walk to the Farmers' Market, restaurants, shopping, and so much more. Come make this beautifully updated & move-in ready gem your home sweet home!

Property Highlights

Garage

Air Conditioning

Building Info

Overview

General

Year Built: 1930

Effective Year Built: 1984
Building Count: 1
Bedroom Count: 0
Building Condition: 0
Building Quality: 0
Construction Type: 0
Building Style: 0
Exterior Walls Type: 18
Interior Walls Type: 0
Roof Shape Type: 0
Roof Cover Type: 0
Floor Count: 100
Living Units: 1
Floor Cover: 15
Basement Type: 0
Basement Area: 0
Garage Type: 3
Parking Space Count: 0
Patio Type: 0
Porch Type: 66
Pool Type: 0

Dimensions

Lot Size Square Feet: 7,013

Lot Size Depth Feet: 1,400
Lot Size Frontage Feet: 500
Total Building Area: 1,104
Gross Building Area: 1,168
Building Area: 1,104
Building Area Measurement: L

Heating and Cooling

Air Conditioning: 0

Heating: 0
Heated Square Feet: 1,104
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FOREE
Land Acres: 0000000161
Standard Land Use Code: 1001
County Land Use Code: A1
State Land Use Code: A1
Legal Description 1: FOREE, BLOCK A, LOT 4 & PT OF 3

Neighborhood

School District Name: Rockwall Independent School District

Census Tract: 040202

Zoning

Zoning: SF3

Geography

Assessors Map Reference: 283-M

Parcel: 16602
Block: A
Lot: 4
Municipality: ROCKWALL
Latitude: 32.934
Longitude: -96.4553

Address

Full Address: 505 Parks Ave

Address - House Number: 505
Address - Street Name: Parks
Address - Suffix Type: Ave
State: TX
City Name: Rockwall
Carrier Code: C002
4-Digit Zip Code: 2634
Zip Code: 75087

Valuation

Tax

Tax Year: 2023

Tax Amount: $516,597
Tax Rate Code Area: SRW

Appraisal Valuation

Standard Deviation: 0.2137

Valuation Date: Jan 17, 2024
Confidence Score: 70
Final Value: 332,819
High Value: 403,961
Low Value: 261,677

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $330,000

Market Land Value: $181,250
Market Improvement Value: $148,750

Assessments Valuation

Assessed Year: 2023

Assessed Total Value: $330,000
Assessed Land Value: $181,250
Assessed Improvements Value: $148,750

Sales

Current Sale Contract Date: Mar 10, 2022

Current Sale Recording Date: Mar 11, 2022
Current Sale Price:

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Current Sale Document Type: 27
Current Sale Input Document Number: 5550

Last Sale Mortgage

First Mortgage Lender:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Rockwall

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

Average Home Size

2786 ft²

Average Home Age

17.6 years

Currently For Sale

361 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 508 Rogers Way, Rockwall, TX, 75087

$2,400 /mo

3 Beds
2 Baths
1,354 ft²

508 Rogers Way, Rockwall, TX, 75087 Listing by Marcie Florance

Unit for rent at 2531 Barksdale Drive, Rockwall, TX, 75032

$2,100 /mo

3 Beds
2 Baths
1,774 ft²

2531 Barksdale Drive, Rockwall, TX, 75032 Listing by Susamma Abraham

Unit for rent at 1434 Lochspring Drive, Rockwall, TX, 75032

$2,375 /mo

4 Beds
2 Baths
2,754 ft²

1434 Lochspring Drive, Rockwall, TX, 75032 Listing by Chelsea Holguin

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Ashley Bartley, Elysian Agency
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20702599
Details provided by NTREIS and may not match the public record

505 Parks Avenue

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Zoning

Geography

Valuation

Comparables

About Rockwall

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions