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Rockwall 75087
781 Deverson Drive
$590,000
● House - Off Market

781 Deverson Drive

Rockwall, TX 75087
bedrooms
5 Beds
bathrooms
0 Bath
square feet
3,437 Ft²
$632,762
RealtyHop Estimate
8.16%
Since Feb 1, 2022
National-US
Primary Model

About This Property

Incredibly gorgeous 5 bedroom Megatel Homes exquisitely upgraded with design touches that reflect today's custom color palate & stylings! Natural light streams throughout the impressive entry highlighting the iron baluster stairs, tall ceilings, and wood floors that flow through the main areas. Gourmet kitchen opens to the family room and equipped with stainless steel appliances, butler's pantry, large center island with granite countertops---not to mention a fantastic view of the spectacular outdoor entertaining area that features a custom covered patio and fabulous pool-spa surrounded by meticulously manicured landscaping! Highlights: Split owner's retreat, huge game room & a media room guaranteed to impress!
Unit Size
3,437 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$170
Property Type
House
Property Taxes
$705
HOA Dues
$54
Year Built
2013

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 3 years ago (NTREIS #14718885)

Price History

Date / Event Date Event Price
Jan 10, 2022 Sold
Premium
Sold
Dec 3, 2021 Listed by Redfin Corporation $585,000
Listed by Redfin Corporation

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2013
  • Effective Year Built: 2013
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 7
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 444
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 66
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,251
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 3,882
  • Gross Building Area: 4,174
  • Building Area: 3,438
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,438
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STONE CREEK PHASE IIB
  • Land Acres: 0000000144
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: STONE CREEK PHASE IIB, BLOCK O, LOT 9, (REPLAT 2014)

Neighborhood

  • School District Name: Rockwall Independent School District
  • Census Tract: 040202

Geography

  • Subdivision Phase Number: 2B
  • Subdivision Tract Number: 9
  • Parcel: 83986
  • Block: O
  • Lot: 9
  • Municipality: ROCKWALL
  • Latitude: 32.9621
  • Longitude: -96.4604

    Address

  • Full Address: 781 Deverson Dr
  • Address - House Number: 781
  • Address - Street Name: Deverson
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Rockwall
  • Carrier Code: R035
  • 4-Digit Zip Code: 7173
  • Zip Code: 75087

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,052,394
  • Tax Rate Code Area: SRW

    Appraisal Valuation

  • Standard Deviation: 0.2086
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 71
  • Final Value: 643,656
  • High Value: 777,983
  • Low Value: 509,329

    Market Valuation

  • Market Total Value: $672,265
  • Market Land Value: $160,000
  • Market Improvement Value: $512,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $672,265
  • Assessed Land Value: $160,000
  • Assessed Improvements Value: $512,265

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 10, 2022
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 20220000000873
  • Previous Sale Recording Date: Jul 10, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $493,900
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

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

About Rockwall

Stats & Trends

Median Asking:

$499,000

Sale Price/ft²

$190

Below Asking

0.03%

Average Days on Market

79

Average Home Size

2736 ft²

Average Home Age

19.1 years

Currently For Sale

367 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 2045 Hillcroft Drive, Rockwall, TX, 75087

$3,500 /mo

  • 5 Beds
  • 3 Baths
  • 3,041 ft²
2045 Hillcroft Drive, Rockwall, TX, 75087 Listing by Kim Woodul
Unit for rent at 2085 Club Lake Circle, Rockwall, TX, 75087

$3,450 /mo

  • 5 Beds
  • 4 Baths
  • 3,963 ft²
2085 Club Lake Circle, Rockwall, TX, 75087 Listing by Karen Rutherford

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Carolina Dusenbery, Redfin Corporation
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 14718885
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 781 Deverson Drive built and last sold?
The property at 781 Deverson Drive was built in 2013 and last sold on Jan 10, 2022 for $590,000.
How much is this home worth?
The estimated value of the home located at 781 Deverson Drive is $0.
What are some comparable homes to 781 Deverson Drive?
There are currently no comparable homes to 781 Deverson Drive.
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