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3123 Tobias Ln, Rockwall, TX, 75032

5beds
6baths
3,745sqft
$679,990
$182price/sqft
$5,171/moest. monthly cost
$206,840/yrincome needed

About This Home

Welcome to the Knollwood by Coventry Homes, located at the Homestead in Rockwall. This thoughtfully designed home offers 5 bedrooms, 4.5 bathrooms, and a collection of spaces that feel both refined and deeply livable. A private study sits just off the entry, offering a tranquil setting for work or reflection. Nearby, the formal dining room provides an elegant space to gather and host, whether for intimate dinners or special occasions. The heart of the home opens into a spacious living area that flows naturally into the kitchen and breakfast nook. This layout creates a warm, connected environment- perfect for slow mornings, shared meals, and everyday moments that matter most. The primary suite is privately tucked away, distinguished by its coffered ceilings that add architectural depth and character. The spa-inspired bath connects directly to the laundry room through the spacious walk-in closet, blending luxury with everyday practicality in a seamless and intuitive way. This dream home won't last long, visit today!

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
21
BikeSomewhat Bikeable

Schools

7/10
7/10

Construction

Condition

  • Property condition: New Construction,Under Construction
  • New construction: Yes
  • Year built: 2026

Other

  • Builder name: Coventry Homes

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 6
  • Full bathrooms: 4
  • 1/2 bathrooms: 2

Interior Area

  • Total interior livable area: 3,745 sqft

Property

Details

  • Parcel number: 3996000C0023000R

Features

  • Levels: 2.0
  • Stories: 2

Parking

  • Total spaces: 3
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Hail
    HailRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Hail
Tornado
Cold Wave
Heat Wave
Strong Wind

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,438$41,256
Home Insurance *$430$5,160
Property Taxes $892$10,704
Electricity $411$4,934
Total$5,171$62,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$177,291/yr
40% on housing$155,130/yr
45% on housing$137,893/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.0%
6.0%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: -2.2%
-2.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$182This listing

vs Other Active Listings

Avg $/sqft

ZIP 75032$235
Rockwall County$202

vs Homes Sold Last Month

Median $/sqft

ZIP 75032$198
Rockwall County$170

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-08Price change$734,990
2026-02-20Listed for sale$754,578

New Construction Spec

BrokerageCoventry Homes

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