Home for sale at 4745 Secret Cove, Rockwall, TX, 75032 | MLS #21271277

4745 Secret Cove Rockwall, TX 75032

$929,900 4 Beds 5 Baths 4,360 Sq Ft 164 Days Since Listed
  • Rockwall County
  • Rockwall TX
  • 75032
  • Local Area: Rockwall
  • Rockwall ISD
  • Covered Parking
  • Gas Fireplace
  • Home Gym
  • Media Room
  • Pond on Lot
  • Covered Patio
  • Game Room
  • Waterfront

Waterfront Four-Bedroom Home in Rainbow Lake Estates

Tucked along a cul-de-sac in Rockwall’s Rainbow Lake Estates, 4745 Secret Cove pairs a traditional stone-and-brick facade and arched front entry with a backyard setting that opens directly to a fountain-fed community pond and greenbelt park. Built in 2006, the two-story residence spans 4,360 square feet on a 0.36-acre (15,507-square-foot) waterfront parcel—giving households substantially more interior volume and overall lot area than Rockwall’s 2,879-square-foot single-family home average and 8,712-square-foot median lot size.

Inside the iron-trimmed front door, wood flooring and arched passageways connect a formal dining room and a dedicated study—finished with exposed wood ceiling beams—to a vaulted main living area. Here, a floor-to-ceiling stone gas fireplace anchors one wall while full-height rear windows and glass doors draw the eye straight out to the water. In the adjacent kitchen, a signature exposed-brick archway frames the gas cooktop, complemented by stainless double ovens, dark granite countertops, a tiered breakfast bar island, a butler’s pantry, a wet bar, and a walk-in pantry. Practical infrastructure is tucked neatly behind the scenes, including a zoned HVAC system, wired sound and a whole-home mesh Wi-Fi system, water filtration and softening equipment, a utility room with a sink, and a side-entry, 1,016-square-foot oversized three-car garage outfitted with an in-garage storm shelter.

The floor plan is arranged for multi-generational comfort and privacy: each of the four bedrooms has its own walk-in closet and private ensuite bath, supplemented by a powder room for guests. Nearly two-thirds of the living space (2,946 square feet) sits on the main level, accommodating both the primary suite and a secondary guest suite. A curved bay window sitting area in the primary suite—and a bay window in one of the guest suites—looks out toward the pond, and the primary retreat includes direct patio access alongside a bath with separate vanities, a garden soaking tub, and a rainfall shower with body sprays. Upstairs, two additional ensuite bedrooms join a game room with a wood accent wall that steps out onto a roughly 300-square-foot covered upper balcony bordered by wrought-iron railings, offering an elevated vantage over the lawn and fountain, while a versatile media or bonus room can serve as a theater, home gym, or library.

Outdoors, a wood-plank ceiling shelters the covered back porch before stepping down via stone terrace steps to roughly 1,000 square feet of outdoor patio space, including a circular waterside seating pad accented by landscape lighting. Wrought-iron perimeter fencing preserves an open sightline across the pond to the adjacent community park—with its splash pad, fishing pier, basketball courts, playground, and walking trails—keeping the rear outlook open to water and green space rather than neighboring rooflines, with The Park at Foxchase also right in the immediate neighborhood. Zoned to Rockwall ISD—including Dorothy Smith Pullen Elementary, Cain Middle, and Rockwall-Heath High School—this pocket south of Horizon and Ridge Roads balances quiet cul-de-sac living with quick vehicular access to lakeside dining and marina life at The Harbor on Lake Ray Hubbard, everyday shopping along Interstate 30, and a 25-minute (19.8-mile) commute into Downtown Dallas.

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Property highlights

Year Built 2006

School District Rockwall ISD

HOA $117 Quarterly

Parking 3-car garage, 3 covered

Pond Pond on Lot

Architecture Traditional, Detached

Outdoor Living Covered Patio

Fireplace 1 Fireplaces

Neighborhood Rainbow Lake Estates

Listing Remarks

Search Address on YouTube for Cinematic VIDEO! A true Southern Living retreat with one of the most breathtaking views in Rockwall, this luxury estate blends resort-style outdoor living and exceptional privacy. Surrounded by towering trees and blooming hydrangeas, the property offers a...

Buyer Match

The questions this property is already built to answer.

CONFIRMED

What should I know about 4745 Secret Cove, Rockwall, TX 75032?

Match strength: Confirmed

Answer: Set on a 0.36-acre cul-de-sac lot in Rainbow Lake Estates, this two-story stone-and-brick residence backs directly to a neighborhood pond with a fountain and adjoining parkland. Inside, the 4,360-square-foot floor plan is arranged so that all four bedrooms have dedicated ensuite bathrooms and walk-in closets, with both the primary suite and a secondary bedroom suite located on the first floor. Upstairs, recreational rooms open to a covered second-story balcony that looks out over the water and tree canopy.

Facts supporting this answer:
  • Listed at $929,900 ($213/sq ft) with 4 bedrooms, 4 full baths, and 1 half bath across 4,360 square feet
  • Built in 2006 on a 15,507-square-foot (0.36-acre) waterfront lot backing to a pond and greenbelt park
  • Main level includes both the primary bedroom suite and a secondary guest suite
  • Dedicated study, upstairs game room, and enclosed media or fitness room
  • Multi-level outdoor living with a covered upper balcony, covered patio, and terraced stone seating areas by the water
  • Oversized 3-car side-entry garage with an in-garage storm shelter
CONFIRMED

Rockwall waterfront home with pond views, covered upper balcony, and expansive patio

Match strength: Confirmed

Why it matches: Waterfront living here centers on multi-level outdoor spaces rather than a standard backyard slab. Wrought-iron fencing frames unobstructed views of the pond and its fountain, while stone steps lead down to a circular patio pad near the shoreline. Above the main covered patio, an upstairs covered balcony off the game room provides an elevated vantage point over the water and surrounding greenery.

Facts supporting this match:
  • Lot borders a community pond with a fountain and backs to greenbelt parkland
  • Listing details describe approximately 1,000 square feet of patio space plus a 300-square-foot covered upper deck (measured at 312 square feet in public appraisal records)
  • Photo-confirmed circular stone and stamped-concrete patio area overlooking the pond fountain
  • Photo-confirmed covered lower patio with a wood-paneled ceiling and ceiling fans
  • Exterior lighting, wrought-iron perimeter fencing, and landscaped terraced beds
CONFIRMED

Home in Rockwall with two downstairs bedroom suites and all ensuite baths

Match strength: Confirmed

Why it matches: Multi-generational households and buyers hosting extended-stay guests often look for a two-story layout where the downstairs guest room functions as a full suite. Nearly two-thirds of this home's living area sits on the ground floor, accommodating both the primary suite and a secondary bedroom suite without stairs. Every bedroom upstairs and down has its own attached full bathroom and walk-in closet, leaving the powder room solely for day guests.

Facts supporting this match:
  • 4 bedrooms, 4 full bathrooms, and 1 half bath; all 4 bedrooms include attached ensuite baths and walk-in closets
  • Primary suite and a secondary bedroom suite are both positioned on the main level
  • Public appraisal records show 2,946.5 square feet of living area on the first floor and 1,414 square feet on the second floor
  • Primary bedroom features a tray ceiling, a curved bay-window sitting area with water views, and direct backyard access
  • Primary bath includes separate vanities, a garden soaking tub, and a walk-in shower with rainfall and body-spray fixtures
CONFIRMED

Large Rockwall home with a dedicated study, game room, and home gym or media room

Match strength: Confirmed

Why it matches: Remote work, workouts, and movie nights do not have to compete for spare bedrooms in this layout. A dedicated study on the main level provides workspace with exposed ceiling beams and wood flooring, while the upper floor separates leisure into two distinct zones: an open game room that steps out to the pond-facing balcony and an enclosed bonus room suited for a theater, fitness studio, or library.

Facts supporting this match:
  • Main-level dedicated study with photo-confirmed exposed ceiling beams and wood flooring
  • Upstairs game room with direct access to the covered second-story balcony
  • Separate enclosed media or bonus room, shown staged with fitness equipment in listing photos
  • Approved property designations include Media Room and Home Gym
  • Wired for sound, high-speed internet capability, and whole-home EERO Wi-Fi mesh system noted in listing details
CONFIRMED

Entertainer's kitchen in Rockwall with brick cooktop alcove, double ovens, and butler's pantry

Match strength: Confirmed

Why it matches: Built to handle gatherings that flow between the living room and the back patio, the kitchen pairs traditional masonry details with generous prep space. A brick-framed arch encloses the gas cooktop, complemented by double ovens, a center island, and a tiered breakfast bar that faces the main living room's floor-to-ceiling stone fireplace and backyard picture windows.

Facts supporting this match:
  • Photo-confirmed exposed brick arch over the gas cooktop plus stainless steel double ovens (including convection)
  • Center island, tiered breakfast bar peninsula, granite countertops, and white raised-panel cabinetry
  • Walk-in pantry, butler's pantry, and an interior wet bar for serving and staging
  • Open sightlines to the main living room, gas-log stone fireplace, and rear pond views
CONFIRMED

Rockwall home with an oversized 3-car garage and in-garage storm shelter

Match strength: Confirmed

Why it matches: North Texas buyers frequently ask about severe-weather shelter options and three-car storage that fits full-size vehicles plus gear. The side-entry attached garage spans 1,016 square feet in county appraisal records—larger than a standard three-bay footprint—and houses a dedicated storm shelter along with extra storage space.

Facts supporting this match:
  • 3-car side-facing attached garage with kitchen-level entry and additional concrete parking
  • Public appraisal records list the attached garage footprint at 1,016 square feet
  • In-garage storm shelter confirmed by both the listing description and garage photo documentation
  • Whole-home water softener and water purification equipment plus zoned natural-gas heating and electric cooling
  • Large utility room equipped with a sink and electric dryer and washer hookups
STRONG FIT

4745 Secret Cove price and Rockwall market comparison

Match strength: Strong Fit

Value context: At $929,900, the total asking price sits above the broader Rockwall single-family median sale price of $575,000, reflecting the home's waterfront setting and 4,360-square-foot scale. On a price-per-square-foot basis, however, $213/sq ft tracks closely with the Rockwall area average of $210 per square foot while delivering 4,360 square feet compared with the city's 2,879-square-foot single-family average and a 15,507-square-foot lot compared with the 8,712-square-foot area median. Because citywide figures provide general value context rather than a formal appraisal, buyers should review recent waterfront and park-backing sales with their agent.

Facts supporting this context:
  • Listed at $929,900 ($213/sq ft) vs. the Rockwall average of $210/sq ft and single-family median sale price of $575,000
  • 4,360 square feet of living space compared with the Rockwall single-family average of 2,879 square feet
  • 15,507-square-foot lot compared with the Rockwall median lot size of 8,712 square feet
  • Built in 2006, compared with the Rockwall area median build year of 2003
CONFIRMED

What do Rockwall CAD records reveal about 4745 Secret Cove's footprint and property taxes?

Match strength: Confirmed

Answer: Public appraisal records add two helpful pieces of context beyond standard listing stats. First, while heated living space measures 4,360.5 square feet, the total gross building area under roof reaches 6,098.5 square feet once the 1,016-square-foot garage, 312-square-foot upper balcony, and 410 square feet of covered porches are included. Second, current Homestead and additional exemptions on file lower the owner's estimated tax bill by more than $5,000 per year—meaning a new buyer's taxes will depend on which exemptions they qualify to carry forward.

Facts supporting this answer:
  • 2026 Rockwall CAD market and appraised value is $835,361 ($145,000 land value and $690,361 improvement value), compared with the current asking price of $929,900
  • CAD improvement records detail 6,098.5 gross square feet: 2,946.5 sq ft (first floor), 1,414 sq ft (second floor), 1,016 sq ft (attached garage), 312 sq ft (balcony), and 295 sq ft + 115 sq ft (covered porches)
  • 2026 estimated taxes with current exemptions are $8,110.57 vs. $13,160.28 without exemptions (MLS reports unadjusted taxes of $13,747)
  • Current exemptions on file include a Homestead Exemption and an OTHER exemption generating $5,049.71 in estimated annual savings across the 1.5754% combined tax rate (City of Rockwall, Rockwall County, and Rockwall ISD)
STRONG FIT

What is it like to live in Rainbow Lake Estates in south Rockwall?

Match strength: Strong Fit

Lifestyle fit: Tucked off Tubbs Road and Horizon Road on a cul-de-sac, Rainbow Lake Estates offers a residential pocket centered around a neighborhood pond and greenbelt park with $117 quarterly HOA dues. Instead of looking into another rear roofline, the backyard faces open water and parkland, while daily grocery runs, morning breakfast spots, and fitness studios along the Ridge Road and Steger Towne corridor sit about a mile north.

Facts supporting this context:
  • Subdivision HOA dues are $117 quarterly and include association management, with community features listing fishing, a playground, park, lake, sidewalks, and trails
  • The Park at Foxchase (park, playground, trail, rec center, frisbee golf, and water park) is 0.07 miles away, and Windmill Ridge Park is 0.55 miles away
  • Morning coffee and casual dining along Ridge Road include Eggsquisite Cafe (0.71 miles), Onassis Greek Taphouse + Kitchen (0.69 miles), Crisp and Green (0.79 miles), and Chick-fil-A (0.98 miles)
  • Everyday retail and fitness nearby include CrossFit Heath and Nutrition (0.69 miles), Lowe's Home Improvement (0.77 miles), Target (0.89 miles), F45 Training Heath (0.96 miles), and Sprouts Farmers Market (1.01 miles)
STRONG FIT

Rockwall home near Lake Ray Hubbard marinas and The Harbor dining district

Match strength: Strong Fit

Lifestyle fit: For buyers drawn to Rockwall for its lake culture, this address sits just over a mile from both Lake Ray Hubbard boat slips and the restaurants and movie theater at The Harbor. Residents can access nearby marinas or head out for steak, seafood, or patio tacos near the water, then return to a pond-backing cul-de-sac away from lakeside event traffic.

Facts supporting this context:
  • Chandler's Landing Marina (1.08 miles), Suntex Boat Club & Rentals - Chandlers Landing (1.15 miles), Chandlers Landing Yacht Club (1.23 miles), and Harbor Bay Marina (1.34 miles)
  • City of Rockwall - Harbor Urban Beach (1.18 miles), Cinemark Rockwall 14 and XD (1.15 miles), and Lakeside Village Golf Club (1.49 miles)
  • Nearby Harbor and I-30 corridor dining includes Vidorra (1.14 miles), Dodie's Cajun Restaurant at The Harbor (1.14 miles), Sideways BBQ (1.15 miles), Giovanni Italian Restaurant (1.17 miles), and Rodeo Goat (1.18 miles)
  • Local steakhouses and fine dining within 1.25 miles include Sear Steakhouse & Lounge (1.20 miles), Culpepper Cattle Co. (1.21 miles), and The Oar House (1.23 miles)
CONFIRMED

What schools serve 4745 Secret Cove in Rockwall ISD?

Match strength: Confirmed

Answer: Property records place 4745 Secret Cove in Rockwall ISD and assign it to the Rockwall-Heath feeder pattern rather than the northern Rockwall High School path that often appears in citywide Rockwall overviews. Because attendance zones can shift, buyers should confirm current grade assignments directly with Rockwall ISD before purchasing.

Facts supporting this answer:
  • Located within Rockwall ISD
  • Property school records identify Dorothy Smith Pullen Elementary School
  • Property school records identify Cain Middle School
  • Property school records identify Rockwall-Heath High School
PARTIAL VERIFY

What should buyers verify before touring or making an offer on 4745 Secret Cove?

Match strength: Partial Verify

What to verify: Serious buyers comparing this home against other higher-priced listings in Rockwall should weigh a few practical tradeoffs and due-diligence items during their showing. Most notably, while the property delivers waterfront pond views and extensive patio living, there is no swimming pool on the lot. Buyers should also clarify the exact boundary and maintenance rules along the water's edge and confirm how property taxes will adjust once current seller exemptions are removed.

Facts supporting this context:
  • No swimming pool on the property; buyers who want a pool or who prefer low-maintenance pond views should evaluate lot layout, wrought-iron fence lines, and HOA rules
  • Verify exact parcel boundaries, pond access, and parkland buffer spacing where the 0.36-acre lot meets the community pond and greenbelt
  • Property has been on the market for 91 days compared with the Rockwall average of 80 days on market
  • Route-based drive times from this location are 25 minutes (19.8 miles) to Downtown Dallas, 27 minutes (21.6 miles) to Dallas Love Field, 33 minutes (26.0 miles) to The Star in Frisco, and 41 minutes (32.4 miles) to DFW Airport
  • Confirm post-closing property tax estimates with Rockwall CAD, as the current $8,110.57 taxed amount reflects both a Homestead Exemption and an additional exemption compared with the $13,160.28 unexempted estimate
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Rockwall CAD records for 4745 Secret Cove, Rockwall, TX 75032 show a CAD market value of $835,361 and a net appraised value of $835,361. CAD values are used for property-tax purposes and may differ from the property's current list price or eventual sale price.

Parcel Size
0.36 Acres
CAD Land Value
$145,000
CAD Improvement Value
$690,361
CAD Market Value
$835,361
CAD Net Appraised Value
$835,361
Total Tax Rate
1.5754%
Est. Taxes (No Exemptions)
$13,160
Est. Exemption Savings
-$5,050
Est. Taxes With Current Exemptions
$8,111

Exemption Impact

The current CAD record reflects an estimated annual tax reduction of about $5,050 compared with the no-exemption estimate. Each taxing jurisdiction may apply its own exemptions, limitations, and taxable-value adjustments. Specific exemption details are displayed when available from the source. A buyer’s exemptions and future tax obligations may differ.

Market Position Enhanced Intelligence

Market Position & Recent Comparable Sales

The strongest pricing anchor is 768 Windsong Lane (0.24 miles away in Rainbow Lake Estates), a 4,554-sqft, 2006 residence on 0.3805 acres without a private pool that closed on 2026-08-13 at an estimated $763,642 ($167.69/sqft), alongside a 3-sale primary cohort median estimated closing price of $740,000 ($189.79/sqft).

Offered at $929,900 ($213.28/sqft), 4745 Secret Cove sits above the Rainbow Lake Estates primary comparable cohort (3 sales as of 2026-10-30), which recorded a median estimated closing price of $740,000 (estimated mean $734,547.33) and a median estimated $189.79/sqft (estimated mean $183.55/sqft). The closest primary peer, 768 Windsong Lane (0.24 miles, 4,554 sqft, 0.3805 acres, built 2006, no private pool), matches the subject's 4,360 sqft, 0.36-acre footprint, 2006 build, and pool absence, closing 2026-08-13 at an estimated $763,642 ($167.69/sqft). Two smaller primaries—756 Windsong Lane (0.22 miles, 3,899 sqft, 0.2668 acres, no private pool) and 771 Windsong Lane (0.20 miles, 3,624 sqft, 0.2439 acres, private gunite pool/spa)—closed 2026-05-28 and 2026-06-18 at estimated prices of $740,000 ($189.79/sqft) and $700,000 ($193.16/sqft).

Secondary context sale 133 Blanchard Drive in Lynden Park Estates Ph 2 (0.89 miles, 4,264 sqft, 0.1667 acres, built 2002, no private pool) closed 2026-09-24 at an estimated $492,500 ($115.50/sqft), offering broader submarket context rather than direct neighborhood parity. Among active peers, the subject's $213.28/sqft list metric sits between smaller subdivision listings at 4796 Secret Cove ($699,900; $207.19/sqft) and 755 Windsong Lane ($675,000; $210.81/sqft) and nearby 4741 Parkwood Drive ($875,000; $224.47/sqft).

Median Estimated Sold Price
$720,000
Based on 4 researched comparable sales
Avg. Estimated Sold $/SqFt
$166.54/sqft
Median: $178.74/sqft
Average Days on Market — Comparable Sales
30 Days
Based on 4 comparable sales • Range: 8–54 days
Subject Asking $/SqFt
$213.28/sqft
$46.74 above comparable estimated sold average

Price Per Square Foot Market Distribution

Subject ($213.28) Active Competition Recent Comparable Sales (estimated)
Active Competition
Subject Property
Recent Sales (estimated)
Sold Avg $166.54
Sold Med $178.74
Active Avg $214.16
Subject: 4745 Secret Cove, Rockwall, TX 75032
Asking: $929,900
$213.28/sqft
755 Windsong Lane, Rockwall, TX 75032
Asking: $675,000
$210.81/sqft
4796 Secret Cove, Rockwall, TX 75032
Asking: $699,900
$207.19/sqft
4741 Parkwood Drive, Rockwall, TX 75032
Asking: $875,000
$224.47/sqft
768 Windsong Lane, Rockwall, TX 75032
Estimated Sale: $763,642
$167.69/sqft (estimate)
756 Windsong Lane, Rockwall, TX 75032
Estimated Sale: $740,000
$189.79/sqft (estimate)
771 Windsong Lane, Rockwall, TX 75032
Estimated Sale: $700,000
$193.16/sqft (estimate)
133 Blanchard Drive, Rockwall, TX 75032
Estimated Sale: $492,500
$115.50/sqft (estimate)

Market Analysis Overview: Original comparative analysis by Steavy Carter (SteavyCarter.com — Steavy Carter Realtor, Dallas and Rockwall, Texas; distinct from the MLS listing brokerage), evaluated October 30, 2026. The chart compares asking price per square foot (subject and 3 active listings) with estimated sale price per square foot (4 nearby sales, May–September 2026). 4745 Secret Cove asks $213.28/sq ft: $0.88 (0.4%) below the $214.16 active average, $34.54 (19.3%) above the $178.74 estimated-sale median and $46.74 (28.1%) above the $166.54 estimated-sale average. 3 of 4 primary sold comparables and 2 of 3 active comparables are located inside Rainbow Lake Estates. Sale figures are calculated parcel-ratio estimates, not verified MLS closing prices.

Explore interactive property-level comparison cards below, or view the complete analytical market report.

Direct Active Competition

3 Active Listings
Photo of 755 Windsong Lane, Rockwall, TX 75032
Active Competition 0.18 mi

755 Windsong Lane, Rockwall, TX 75032

4 bd | 4 ba | 3,202 SF | 0.26 AC
Asking Price
$675,000
$210.81/sqft
1,158 sqft smaller · Similar acreage · Same pool status
Photo of 4796 Secret Cove, Rockwall, TX 75032
Active Competition 0.22 mi

4796 Secret Cove, Rockwall, TX 75032

4 bd | 3 ba | 3,378 SF | 0.20 AC
Asking Price
$699,900
$207.19/sqft
982 sqft smaller · Smaller homesite · Private pool
Photo of 4741 Parkwood Drive, Rockwall, TX 75032
Active Competition 0.25 mi

4741 Parkwood Drive, Rockwall, TX 75032

4 bd | 4 ba | 3,898 SF | 0.32 AC
Asking Price
$875,000
$224.47/sqft
462 sqft smaller · Similar acreage · Same pool status

Recent Comparable Sales

4 Researched Sales
Photo of 768 Windsong Lane
Sold Peer 0.24 mi

768 Windsong Lane

4 bd | 3.5 ba | 4,554 SF | 0.38 AC
Estimated Closing Price
$763,642
$167.69/sqft
194 sqft larger · Similar acreage · Same pool status
Photo of 756 Windsong Lane
Sold Peer 0.22 mi

756 Windsong Lane

4 bd | 4 ba | 3,899 SF | 0.27 AC
Estimated Closing Price
$740,000
$189.79/sqft
461 sqft smaller · Similar acreage · Same pool status
Photo of 771 Windsong Lane
Sold Peer 0.20 mi

771 Windsong Lane

4 bd | 3 ba | 3,624 SF | 0.24 AC
Estimated Closing Price
$700,000
$193.16/sqft
736 sqft smaller · Similar acreage · Private pool
Photo of 133 Blanchard Drive
Sold Peer 0.89 mi

133 Blanchard Drive

5 bd | 3.5 ba | 4,264 SF | 0.17 AC
Estimated Closing Price
$492,500
$115.50/sqft
96 sqft smaller · Smaller homesite · Same pool status

Property & Land Economics Benchmarks

Source-verified county tax-roll & MLS ratios by Steavy Carter · Rockwall CAD Property ID: 53235 (Public Appraisal Record)

Economics Metric Primary Benchmark (CAD Basis) Denominator & Cross-Reference Basis Statutory & Basis Caveat
1. Asking Price per Acre $2,612,813/acre $929,900 ÷ 0.3559 CAD surveyed acres (15,503 sq ft; exact $2,612,812.59/acre) · MLS rounded basis: $2,583,056/acre on 0.36 MLS acres Primary ratio uses certified CAD surveyed parcel acreage; 2-decimal MLS rounded lot acreage is shown alongside.
2. CAD Appraised Market Value per Conditioned Living Sq Ft $191.57/sq ft $835,361 ÷ 4,360.5 Sq Ft CAD conditioned living area · MLS basis: $191.60/sq ft on 4,360 Sq Ft MLS living area · Asking vs. CAD Market Value: +$94,539 Over CAD Value (+11.32%) Reflects county mass-appraisal tax assessment records rather than a market sale price or lender appraisal.
3. Asking Price per CAD Gross Building Sq Ft $152.48/gross sq ft $929,900 ÷ 6,098.5 Sq Ft CAD gross building area (4,360.5 Sq Ft conditioned living + 1,738 Sq Ft non-living under roof: 1,016 Sq Ft attached garage, 312 Sq Ft balcony, 410 Sq Ft covered porch) · vs. $213.28/sq ft on 4,360 Sq Ft MLS living / $213.26/sq ft on 4,360.5 Sq Ft CAD living Gross building area includes unconditioned garage, porch, and balcony structures under roof and is not comparable to conditioned living area PPSF.
4. Estimated Annual Tax Burden per Living Sq Ft $1.86/sq ft/yr (with exemptions) · $3.02/sq ft/yr (unexempt) $8,110.57 with current exemptions vs. $13,160.28 unexempt ÷ 4,360.5 Sq Ft CAD conditioned living area · Exemption savings: $1.16/sq ft/yr ($5,049.71/yr) · Total tax rate: 1.5754% Current seller exemptions do not transfer automatically to a new buyer; post-closing tax liability depends on buyer exemption eligibility and reassessment.
5. Historical CAD Market Value Trajectory (2018–2026) +5.07%/yr CAGR (2018–2026, 8 yrs, 9 observations) $562,394 (2018) to $835,361 (2026); cumulative +$272,967 (+48.54%) · Peak assessment: $872,594 (2025) · Max single-year jump 2022: +26.20% (+$157,780 from $602,290 in 2021 to $760,070 in 2022) Reflects statutory county mass-appraisal reassessment trajectory only — never market-price appreciation or resale return.
*How We Estimate Sold Prices: Estimated closing prices are calculated using LLM-researched price-per-acre ratios × CAD parcel acreage. These are estimates, not actual MLS closing prices. For verified sold prices, contact Steavy Carter or a licensed real estate agent.
## Local Market Intelligence

Local Market Insights & Nearby Property Records

Over the trailing three months (June–August 2026), the City of Rockwall market shows a median sold price of $515,000 at $188 per square foot, with homes spending a median of 43 days on the market. Sellers are capturing 95.5% of their original asking price, and the typical home is closing 5.6% below its county assessed value. With a 56.4% seller concession rate and nearly 58% of active listings executing price cuts, buyers currently enjoy significant leverage in negotiations.

Market Data: City of Rockwall • Trailing 3 Months (Jun-Aug 2026)
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Nearby Property Records & CAD Values

Official county appraisal records for neighboring residential properties along the Secret Cove corridor in Rockwall, TX. Showing 25 verified neighboring properties (subject property excluded). Source: Rockwall Central Appraisal District, 2026 certified public roll.

Notice on Public Records & Valuation: County appraisal values are assessed by the local appraisal district for ad valorem property taxation purposes under the Texas Property Tax Code. They do not represent active listing asking prices, actual closed transaction prices, or independent appraisal-market evaluations.

Official county appraisal district records for neighboring properties along Secret Cove in Rockwall, TX (subject property excluded).
Property Address Appraisal Year CAD Appraised Value Lot / Legal Description County Public Record
4741 Secret Cv, Rockwall, TX 75032 2026 $726,314 RAINBOW LAKE ESTATES, BLOCK A, LOT 1 View CAD Record
4748 Secret Cv, Rockwall, TX 75032 2026 $709,875 RAINBOW LAKE ESTATES, BLOCK B, LOT 14 View CAD Record
4749 Secret Cv, Rockwall, TX 75032 2026 $928,394 RAINBOW LAKE ESTATES, BLOCK C, LOT 1 View CAD Record
4752 Secret Cv, Rockwall, TX 75032 2026 $696,505 RAINBOW LAKE ESTATES, BLOCK B, LOT 13 View CAD Record
4756 Secret Cv, Rockwall, TX 75032 2026 $767,689 RAINBOW LAKE ESTATES, BLOCK B, LOT 12 View CAD Record
4760 Secret Cv, Rockwall, TX 75032 2026 $659,856 RAINBOW LAKE ESTATES, BLOCK B, LOT 11 View CAD Record
4761 Secret Cv, Rockwall, TX 75032 2026 $670,209 RAINBOW LAKE ESTATES, BLOCK D, LOT 10 View CAD Record
4764 Secret Cv, Rockwall, TX 75032 2026 $647,787 RAINBOW LAKE ESTATES, BLOCK B, LOT 10 View CAD Record
4765 Secret Cv, Rockwall, TX 75032 2026 $684,314 RAINBOW LAKE ESTATES, BLOCK D, LOT 9 View CAD Record
4768 Secret Cv, Rockwall, TX 75032 2026 $735,106 RAINBOW LAKE ESTATES, BLOCK B, LOT 9 View CAD Record
4769 Secret Cv, Rockwall, TX 75032 2026 $684,447 RAINBOW LAKE ESTATES, BLOCK D, LOT 8 View CAD Record
4772 Secret Cv, Rockwall, TX 75032 2026 $679,490 RAINBOW LAKE ESTATES, BLOCK B, LOT 8 View CAD Record
4773 Secret Cv, Rockwall, TX 75032 2026 $503,731 RAINBOW LAKE ESTATES, BLOCK D, LOT 7 View CAD Record
4776 Secret Cv, Rockwall, TX 75032 2026 $803,596 RAINBOW LAKE ESTATES, BLOCK B, LOT 7 View CAD Record
4777 Secret Cv, Rockwall, TX 75032 2026 $719,551 RAINBOW LAKE ESTATES, BLOCK D, LOT 6 View CAD Record
4780 Secret Cv, Rockwall, TX 75032 2026 $689,742 RAINBOW LAKE ESTATES, BLOCK B, LOT 6 View CAD Record
4781 Secret Cv, Rockwall, TX 75032 2026 $708,978 RAINBOW LAKE ESTATES, BLOCK D, LOT 5 View CAD Record
4784 Secret Cv, Rockwall, TX 75032 2026 $654,148 RAINBOW LAKE ESTATES, BLOCK B, LOT 5 View CAD Record
4785 Secret Cv, Rockwall, TX 75032 2026 $671,538 RAINBOW LAKE ESTATES, BLOCK D, LOT 4 View CAD Record
4788 Secret Cv, Rockwall, TX 75032 2026 $666,130 RAINBOW LAKE ESTATES, BLOCK B, LOT 4 View CAD Record
4789 Secret Cv, Rockwall, TX 75032 2026 $737,729 RAINBOW LAKE ESTATES, BLOCK D, LOT 3 View CAD Record
4792 Secret Cv, Rockwall, TX 75032 2026 $712,229 RAINBOW LAKE ESTATES, BLOCK B, LOT 3 View CAD Record
4793 Secret Cv, Rockwall, TX 75032 2026 $779,655 RAINBOW LAKE ESTATES, BLOCK D, LOT 2 View CAD Record
4796 Secret Cv, Rockwall, TX 75032 2026 $737,867 RAINBOW LAKE ESTATES, BLOCK B, LOT 2 View CAD Record
4797 Secret Cv, Rockwall, TX 75032 2026 $555,474 RAINBOW LAKE ESTATES, BLOCK D, LOT 1 View CAD Record
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