$295,000
↓ $10K (3.3%)
●
House -
For Sale
708 Sherman Street
Rockwall, TX 75087
3 Beds
2 Baths
1,288 Ft²
$1,790
Est. Monthly
About This Property
Welcome to this charming 3-bedroom, 2-bath home nestled in the
heart of Downtown Rockwall! With inviting curb appeal, this home
features a welcoming front porch that's perfect for morning coffee
or relaxing evenings. Inside, you'll find a comfortable layout with
spacious living areas, plenty of natural light, new flooring and
carpet was just installed. The generously sized backyard offers
plenty of room for entertaining, gardening, pets, or simply
enjoying the outdoors. Ideally located near Downtown Rockwall's
local shops, restaurants, parks, and community amenities, this home
combines classic charm with an unbeatable location. A wonderful
opportunity to enjoy the convenience and character of one of
Rockwall's most desirable areas! No HOA!
Unit Size
1,288 Ft²
Days on Market
-
Land Size
0.01 acres
Price per sqft
$229
Property Type
House
Property Taxes
$341
HOA Dues
-
Year Built
1974
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 days ago (NTREIS #21393067)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$295,000
↓ $10K
(3.3%) | |
| Price Decreased | |||
| Oct 20, 2026 | Price Decreased |
$305,000
↓ $14K
(4.4%) | |
| Price Decreased | |||
| Sep 23, 2026 | Listed by The Agency Rockwall | $319,000 | |
| Listed by The Agency Rockwall | |||
| Apr 4, 2022 | Sold | ||
| Sold | |||
| Feb 10, 2022 | Listed by Orchard Brokerage | $278,000 | |
| Listed by Orchard Brokerage | |||
| | |||
|
Beautifully updated 3 bedroom home with an inviting covered porch and an oversized backyard with a privacy fence, spacious storage shed, firepit, and two oversized gates for ease of entry. The home has gorgeous hardwood floors, fresh paint, a Ring Doorbell, and new carpet. Recent roof, water heater, and HVAC. The fully upgraded kitchen boasts SS appliances, concrete countertops, and a beautiful backsplash. Laundry room with new washer and dryer. Two fully updated baths with spacious showers and a jetted tub in the primary. Sited on a cul-de-sac road close to downtown Rockwall and Lake Ray Hubbard,
| |||
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Property Highlights
Garage
Air Conditioning
Parking Details
Parking Features: Driveway
Interior Details
Full Bathrooms: 2
Interior Features: Eat-in Kitchen, Granite Counters, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
Flooring Type: Carpet, Luxury Vinyl Plank
Laundry Features: Washer Hookup, Utility Room, Dryer Hookup
Exterior Details
Has Property Attached
Square Footage: 1288
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Year Built: 1974
Levels: One
Other Structures: Storage
Construction Materials: Siding
Lot Size Area: 0.0146
Lot Size Units: Acres
Lot Size Acres: 0.0146
Lot Size Square Feet: 635.976
Tax Lot: 5
Financial Details
Tax Annual Amount: $4,091
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air
Heating Type: Central, Electric
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
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Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Rockwall
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Currently no similar homes aroundNearby Rentals
Listed by: Logan White, The Agency Rockwall
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21393067
Details provided by NTREIS and may not match the public record
Last Updated: 3 days ago
Data Source: NTREIS MLS, MLS# 21393067
Details provided by NTREIS and may not match the public record
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