Rockwall Homes under $500,000

Welcome to Rockwall, Texas – a hidden gem nestled just east of Dallas, where small-town charm meets modern convenience. With its picturesque lakeside views along Lake Ray Hubbard, Rockwall offers a vibrant community atmosphere, making it an ideal place for families, young professionals, and retirees alike. The city boasts a rich history, friendly neighborhoods, and an array of recreational activities, from hiking trails to water sports, ensuring there's something for everyone.

One of the most appealing aspects of Rockwall is its housing market, particularly for those seeking homes under $500,000. Here, you can find a diverse selection of properties that cater to various lifestyles and preferences. Whether you’re looking for a cozy single-family home with a spacious backyard, a modern townhouse with contemporary finishes, or a charming bungalow with historic character, Rockwall has it all.

The real estate market in Rockwall is thriving, with many homes featuring open floor plans, updated kitchens, and energy-efficient amenities. Families will appreciate the proximity to highly-rated schools, parks, and community centers, while professionals will love the easy commute to Dallas and surrounding areas.

Investing in a home in Rockwall means not only securing a beautiful property but also becoming part of a welcoming community that values connection and quality of life. Explore the possibilities today and discover why Rockwall, TX, is the perfect place to call home!

Newest Rockwall Homes under $500,000

$474,900

4 Beds ⋅ 3 Baths ⋅ 21376798 MLS

Freshly remodeled home including; custom cabinets, luxury vinyl, every square inch painted, decorative light fixtures, added canned lighting throughout, all NEW appliances, landscaping and more. Featuring 4 bedrooms, 3 full bathrooms with phenomenal floor plan and flow; 2 bedrooms AND 2 bathrooms downstairs plus, 2 bedrooms, game room and bathroom upstairs. Ideal for family and entertainment giving lots of natural lighting throughout the home. No carpet, all hard surface - easy for cleaning and reducing dander! Large family room with open access to nook, kitchen and patio. Make this backyard your entertainment oasis. Great schools, community pools, pavilion, and sports court. Less than 2 miles from Costco! Stop by to see this amazing home! Stay tuned for open houses.

2837 Deer Ridge Dr, Rockwall

$399,900

4 Beds ⋅ 3 Baths ⋅ 21401563 MLS

NEW ROOF INSTALLED SEPTEMBER 2026! Welcome to this single story 4-bedroom, 3-bathroom home offering comfortable living space in a desirable lakeside community. Enjoy granite kitchen countertops, hard surface flooring (no carpet), and a cozy fireplace. The fenced backyard includes a patio with peekaboo lake views, perfect for relaxing or entertaining. It offers a great blend of updates and everyday comfort in a scenic setting. Conveniently located near local amenities and recreational opportunities, this property delivers a balanced lifestyle in a scenic lakeside environment. UPDATES COMPLETED SINCE 2024: removed popcorn from all ceilings, interior paint, primary bathroom, gutters, attic insulation, light fixtures with ceiling fans in all bedrooms, living room, and kitchen, bifold doors in main hallway, French double door with built-in blinds, mailbox, house numbers on front & back doors, privacy fence on southeast side of home, sprinkler system, added retaining wall to west side of home and leveled back metal fence, gravel for additional parking and installed shelving in garage. This home is a true gem!

107 Becky Ln, Rockwall

$389,900

4 Beds ⋅ 3 Baths ⋅ 21401851 MLS

Move-in ready, freshly painted home — priced under market with room to make it your own. We needed the rain, but the lighting kept us from capturing the home properly — inside and out. To get this home to you faster, I went ahead and listed it anyway. Come see it for yourself at my Open House this weekend. And with today's interest rates, there are more ways to structure a deal than you might think — the only way to find out is to ask. Welcome to this spacious single-story home offering 4 bedrooms and 3 bathrooms, freshly painted and move-in ready for its next owner's personal touch. Nestled in a sought-after lakeside community, this home blends comfort, character, and opportunity. Step inside to find luxury vinyl flooring flowing throughout and a cozy fireplace anchoring the spacious family room — great for relaxing evenings or entertaining guests. Framed paneling adds timeless architectural charm, while ceiling fans in every bedroom and the family room ensure year-round comfort. This home offers great bones and incredible potential, ideally located close to local amenities and recreational opportunities. There is no HOA. Enjoy a balanced lifestyle in a scenic, lakeside setting — whether you're looking to settle in as-is and make it your own over time, or bring your vision to maximize its full potential. A fantastic opportunity for buyers who see the value in a well-located home with room to shine.

203 Becky Ln, Rockwall

$477,900

3 Beds ⋅ 3 Baths ⋅ 21388882 MLS

Brand-new luxury condo in the gated WatersEdge at Lake Ray Hubbard, just minutes from Rockwall’s Harbor District. This 2-story residence features 3 bedrooms, 3 baths, and approximately 1,965 sq ft of thoughtfully designed living space. Enjoy a lock-and-leave lifestyle with resort-style amenities, including a waterfront pool and direct lake access. Conveniently located near I-30 and PGBT, with Downtown Dallas just 25–30 minutes away. Spacious primary suite offers a freestanding soaking tub, walk-in shower, and generous closet space. Select photos have been virtually staged. Furnishings and décor shown are digitally rendered and are not included with the property.

2020 Portofino Dr, Rockwall

$369,000

3 Beds ⋅ 2 Baths ⋅ 21400547 MLS

Welcome to 724 Vallejo Drive in the established Lakeview Summit community of Rockwall! This well-maintained 3-bedroom, 2-bath home offers 1,931 square feet of comfortable living space plus a dedicated office or bonus room that provides flexibility for working from home, a playroom, hobby space, or second living area. The spacious kitchen is designed for both everyday living and entertaining, featuring a huge island, generous workspace, and tons of storage. The spacious primary bedroom features a charming window seat beneath large windows that fill the room with abundant natural light. The thoughtful floor plan offers plenty of room to gather and relax, while the 2-car garage provides added convenience and additional storage. Step outside to a private backyard with a covered patio and board-on-board fence, creating a great space for relaxing or entertaining. Enjoy neighborhood amenities including a community pool, greenbelt, and direct access to the Squabble Creek Mountain Bike and Hiking Trail. Conveniently located near shopping, dining, schools, and all that Rockwall has to offer, this home combines space, functionality, and a great neighborhood setting.

724 Vallejo Dr, Rockwall

$199,000

1 Beds ⋅ 1 Baths ⋅ 21399691 MLS

Discover lakeside living in this beautifully updated 1-bedroom, 1-bath condo located on the first floor in the gated community of Chandlers Landing at Lake Ray Hubbard. This charming unit features modern finishes throughout, including sleek flooring, fresh paint, updated lighting, and a stylish kitchen with stainless steel appliances and granite countertops. Enjoy an open-concept living area with large glass doors that bring in natural light, and step out onto your private patio to relax and take in serene views. The spacious bedroom features a walk-in closet, and the remodeled bathroom includes contemporary fixtures and a spa-like ambiance. Just steps from the lake, marina, walking trails, and community amenities including pools, tennis courts, and 24-7 security. Conveniently located near shopping, dining, and major highways for an easy commute.

438 Yacht Club Dr Unit D, Rockwall

$169,900

3 Beds ⋅ 1 Baths ⋅ 21399972 MLS

Welcome Home! Amazing opportunity to purchase this super cute three bedroom, on bath home! Located in the heart of downtown Rockwall this property has endless possibility's. The location allows access to so many great restaurants, shopping and parks just a stroll or bike ride away. Located in the sought after Rockwall ISD this property will make someone very happy. Come check it out and bring your ideas to make this yours. Schedule a tour today!

902 Davy Crockett St, Rockwall

$440,000

4 Beds ⋅ 3 Baths ⋅ 21395479 MLS

Click the Virtual Tour link to view the 3D walkthrough. Discounted rate options and no lender fee future refinancing may be available for qualified buyers of this home. Imagine coming home to a quiet, tree-lined street just minutes from the heart of Downtown Rockwall. Welcome to 402 Coachlight Trl—a beautifully maintained 4-bedroom home that has been lovingly owned by the same family for over 40 years and is now ready for its next chapter. From the moment you step inside, you’ll find a home designed for both everyday living and entertaining. Gather around the impressive brick fireplace, host holidays with two separate dining areas, or enjoy cooking in the beautifully remodeled gourmet kitchen. Custom built-ins and a wet bar add even more character and functionality. Need space for extended family, guests, or a little extra privacy? Two bedrooms offer private en-suite baths, creating flexible options for multi-generational living or a comfortable guest retreat. When it’s time to unwind, step onto the large covered patio with access from both the family room and primary suite—an inviting space for morning coffee, weekend cookouts, or evenings outdoors. The oversized garage and spacious corner lot also provide plenty of room for parking and storage. You’ll love being within walking distance of Virginia Reinhardt Elementary School while also enjoying convenient access to the shopping, dining, and charm of Downtown Rockwall. And with the roof, windows, and major systems updated within the past six years, many of the big-ticket improvements have already been addressed. After more than four decades of memories with one family, 402 Coachlight Trl is ready for someone new to call it home. Come experience the space, character, and versatility this Rockwall home has to offer!

402 Coachlight Trl, Rockwall

$421,700

4 Beds ⋅ 3 Baths ⋅ 21386347 MLS

The exterior of this property is as impressive as the interior, showcasing a beautifully maintained lawn & outdoor living area including fully equipped outdoor living space (16'x35') with massive covered patio featuring stained cedar framing, standing seam metal roof, patterned stained concrete, incredible Summer kitchen including built-in grill & burner, stainless steel drawers, sink, refrigerator, insta-hot bar sink, two TVs, ceiling fans, & seating for eight at the oversized split-level stone bar top. Winter enclosure curtains allow for year-round enjoyment. Additionally, patio has a 7X13 stone extension for smokers, grills, & BBQ pits. Automatic gated rear-entry drive, 8-foot board-on-board stained fence, sprinkler system with weather controls, exterior cleanup sink, & 16x20 enclosed shed with an additional 16x20 adjacent work or storage area are only a few of this home's many amenities. Inside, a thoughtfully designed open-plan layout awaits, seamlessly connecting the living, dining, & kitchen areas. The kitchen is a culinary enthusiast’s dream, featuring ample granite counter space, stainless-steel appliances, pantry & breakfast bar perfect for morning gatherings. The expansive living room, complete with a cozy fireplace, provides a welcoming atmosphere for relaxation & entertainment. Beautifully detailed dining room is perfect for hosting family gatherings. Work from home in this spacious home office. Each of the four bedrooms has been designed with rest & rejuvenation in mind. Primary suite serves as a private sanctuary, featuring an elegant ensuite bathroom complete with dual vanities, soaking tub, & separate shower. The additional three bedrooms are generously sized & accompanied by large closets, ensuring ample storage for everyone. Enormous 2nd living area with refreshment center can double for game room, playroom or 2nd office. Other amenities include heeated & insulated garage, tankless water heater, garage cabinetry, overhead storage & much more.

2860 Wild Oak Ln, Rockwall

$485,000

4 Beds ⋅ 3 Baths ⋅ 21398001 MLS

An exceptional home and value in coveted Stone Creek! This 1.5-story home features fresh paint, updates throughout, and a highly functional layout with all three bedrooms on the main level and a spacious upstairs game room with its own full bath. The private upstairs suite offers the flexibility to function as a generous 4th Bedroom, a guest suite, media room, home gym, or hobby room, while the split-bedroom design provides privacy between the primary suite and secondary bedrooms. Two living areas and two dining spaces create flexibility for entertaining, working from home, or adapting the home to fit changing needs. The kitchen opens to the main living area, creating a comfortable central gathering space, while generous storage is found throughout. Recent improvements include a new roof, a recently replaced first-floor HVAC system, enhanced yard drainage, updated patio finishes, a freshly stained fence, and fresh paint and updates throughout. The manageable backyard provides space to relax outdoors without extensive upkeep. Community amenities include a pool, clubhouse, park, playground, greenbelts, and walking and biking trails. Conveniently located near I-30, Lake Ray Hubbard, Downtown Rockwall, shopping, dining, and Rockwall ISD schools, this home combines a distinctive floor plan, meaningful improvements, and added financial flexibility for the next owner. With its versatile floor plan, fresh paint, updates throughout, and desirable Stone Creek location, this home presents an outstanding opportunity for buyers seeking comfort, functionality, and value.

775 Deverson Dr, Rockwall

$499,500

3 Beds ⋅ 3 Baths ⋅ 21365361 MLS

SELLER OFFERING $7,000 IN CONCESSION WITH AN ACCEPTABLE FULL-PRICE OFFER! Welcome to this beautifully updated home in the desirable Chandlers Landing lakeside community of Rockwall, a golf-cart-friendly community offering a unique blend of comfort, convenience, and relaxed lakeside living. Step inside to a bright, refreshed interior featuring new laminate flooring and a spacious layout with a natural flow for everyday living and entertaining. The beautifully updated kitchen features new cabinetry and all-new stainless steel appliances, creating a fresh and modern look. The bathrooms have been thoughtfully redesigned with porcelain flooring and upgraded finishes, giving the home a polished feel throughout. Storage is a standout feature, offering abundant storage space, two walk-in closets, and a unique hidden storage walkway. The property also features a dedicated garage door for golf cart access, making it convenient to enjoy the golf-cart-friendly community and surrounding amenities. Additional updates include a new roof, providing added peace of mind. Enjoy the Chandlers Landing lifestyle with its gated setting, community amenities, and convenient access to Lake Ray Hubbard. With extensive updates, exceptional storage, golf-cart accessibility, and a desirable lakeside location, this move-in-ready home is a great opportunity in Rockwall.

5922 Volunteer Pl, Rockwall

$359,000

3 Beds ⋅ 3 Baths ⋅ 21396566 MLS

INSTANT EQUITY + CHANDLERS LANDING LIFESTYLE! Welcome to 122 Mischief Lane, a 3-bedroom, 2.5-bath home offering 2,405 square feet in the highly sought-after Chandlers Landing community of Rockwall. Ideally situated on a quiet cul-de-sac, this 2006-built home presents an exceptional opportunity for buyers looking to create value and personalize a home in an established, amenity-rich neighborhood. The home is currently on the tax rolls at approximately $500,000, making this a compelling opportunity for buyers willing to invest in cosmetic updates and make the home their own. With a desirable floor plan, generous living spaces and a private backyard, the possibilities are here to transform this property into your ideal home while building equity along the way. Step outside and enjoy the privacy of the backyard—perfect for morning coffee, weekend gatherings or simply relaxing at the end of the day. The cul-de-sac setting adds to the peaceful feel while providing a location that is convenient to everything Rockwall has to offer. And then there’s the Chandlers Landing lifestyle. This established, gated lake community is known for its beautiful setting along Lake Ray Hubbard and its unique combination of recreation, community and convenience. Residents enjoy access to amenities designed for an active lifestyle, including tennis, pickleball, swimming pools, parks, playgrounds, walking areas and marina access, along with neighborhood events and a strong sense of community. Whether you’re an investor, a buyer looking for instant equity potential, or someone who has been waiting for an opportunity to get into Chandlers Landing and make a home your own, 122 Mischief Lane is worth a closer look. Bring your vision, your design ideas and your imagination—this is an opportunity to create something special in one of Rockwall’s most recognizable lake communities.

122 Mischief Ln, Rockwall

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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