
Status: Active
1503 Murphy Dr
Rockwall, TX 75087
2% Drop
$435,000
$425,000
------/mo*
CalculatePRICE REDUCTION! Motivated Seller! Don’t miss your chance to own this beautiful home at an even better value and make it your own. Lovingly cared for by its one and only owner, this home exudes warmth, character, and pride of ownership. From the moment you arrive, you’ll feel the difference a thoughtfully maintained home makes. Now, it’s ready for new memories, new laughter, and new stories. Featuring 4 spacious bedrooms-(primary on 2nd floor) and 3 baths, the home boasts expansive living areas ideal for entertaining and everyday living. The large private backyard provides endless possibilities — from hosting gatherings to creating a personal oasis with room for a pool, play area, or garden retreat. Newer roof, HVAC and water heater are added bonuses. Minutes from Lake Ray Hubbard, local parks, top-rated schools, shopping, and dining, this home is ready for new owners to make it their own. Don’t miss this opportunity to own a cherished home in Waterstone Estates. Schedule your private showing today!
Read more- Bedrooms
- 4
- Baths
- 2.5
- House Size
- 2,700 sqft
- Year Built
- 1998
- Lot Size
- 0.18 ac
- School District
- Rockwall ISD
Location
Market Insights
In the last 30 days, homes for sale in 75087, Rockwall, TX were on the market for a median of 80 days and 6.82% of homes sold above list price.

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Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Dryer
- Electric Range
- Gas Water Heater
- Microwave
- Refrigerator
- Washer
- cooling
- Central Air
- Electric
- features
- Chandelier
- Double Vanity
- Eat-in Kitchen
- Granite Counters
- Open Floorplan
- Pantry
- Walk-in Closet(s)
- High Speed Internet
- fireplace
- Gas Starter
- Wood Burning
- flooring
- Carpet
- Ceramic Tile
- Wood
- heating
- Central
- Electric
- laundry features
- Electric Dryer Hookup
Exterior Information
- fence
- Wood
- Stone
- roof
- Composition
Property Information
- architectural style
- Traditional
- construction
- Brick
- foundation
- Slab
- hoa fees
- $184.00
- Annually
- lot
- Cleared
- Landscaped
- Level
- Subdivided
- parking
- Concrete
- Driveway
- Garage
- Garage Faces Front
- Attached
- security features
- Security System
- Smoke Detector(s)
- sewer
- Public Sewer
- subdivision name
- Waterstone Estates
- utilities
- Cable Available
- water source
- Public

- Listed By Kris Watson
- (817) 807-2987
- United Real Estate
- (972) 372-0590
- caroldrake@unitedrealestate.com
- MLS 20941488
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
---|---|---|---|---|
2024 | $1,489 (0%) | $170,000 | $254,003 | $424,003 (+1.3%) |
2023 | $1,489 (-51.7%) | $200,000 | $218,496 | $418,496 (+28.9%) |
2022 | $3,081 (0%) | $120,000 | $204,620 | $324,620 (+24.3%) |
2021 | $3,081 | $100,700 | $160,460 | $261,160 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$2,578
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,239
- Property Taxes
- $124
- Home Insurance
- $200
- HOA Fees
- $15
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.