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$407,000
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Property Description
Experience Space, Privacy & Convenience. A Rare Find in Rockwall. Welcome to this beautiful open concept home where the main living, dining, and kitchen areas flow seamlessly together, creating a bright, spacious atmosphere perfect for everyday living and entertaining. The main living area features a cozy fireplace and ceiling fan, while the large dining space easily accommodates gatherings of all sizes. Upstairs, you'll find a generous game room or family room with its own full bath; an ideal retreat for guests, hobbies, or movie nights. With three bedrooms and three full bathrooms, this home offers comfortable living for families of all shapes and sizes. Step outside to one of the home's best features; a covered patio with peaceful views of the undeveloped 5.7 acres of HOA-maintained land behind the property. With no neighbors directly behind you and a wrought iron fence that opens to serene tree views, this home offers a rare level of privacy in Rockwall. The larger lot and natural backdrop create a private oasis you won't easily find elsewhere. Additional highlights include: ****** Energy-efficient design with low electric bills for current owners ***** Easy access to the brand-new HEB, just half a mile away ***** Convenient backroad access to both north and south Rockwall, making it easy to avoid I-30 traffic ***** If you're looking for privacy, space, and a highly convenient location - this home truly stands out. *****
Full Property Details
Full Property Details for 1501 Derby Dr
General
- Price: $407,000
- HOA FEE: $75/month
- HOA FEE FREQ.: Annually
- Taxes: $6,838
- Status: Active
- Type: Single Family
- Source: NTREIS
- MLS ID: 21114932
- Updated: 12/28/2025
- Added to Site: 59 day(s) ago
Interior
- Interior Features: Built-in Features, Chandelier, Decorative/Designer Lighting Fixtures, Granite Counters, High Speed Internet, Kitchen Island, Open Floorplan, Cable TV, Vaulted Ceiling(s), Walk-In Closet(s), Wired for Sound
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Family Room, Gas Log, Gas Starter, Insert
- Appliances: Dishwasher, Electric Cooktop, Electric Oven, Disposal
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Washer Hookup, Dryer Hookup, ElectricDryer Hookup, Laundry in Utility Room
Additional Information
- Security/Safety: Smoke Detector(s)
Exterior
- Exterior Features: Lighting, Rain Gutters
- Porch/Patio/Deck: Covered
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 2
- Covered Spaces: 2
- Parking Features: Garage Faces Front, Garage, Garage Door Opener, Lighted
Location
- County: Rockwall
- Subdivision: Rockwall Downes Ph 2
- Driving Directions: Take I 30 to John King south where new HEB is located and continue South on John King to large flags on east side of road. Turn left on Discovery by flags. Darby Drive is the first street on the left. House in at the end of street on right.
School Information
- Elem School District: Rockwall ISD
- Midd School District: Rockwall ISD
- High School District: Rockwall ISD
- Elementary School: Dorris Jones
- Middle School: Herman E Utley
- High School: Rockwall-Heath
Community
- Association: Yes
- Assoc. Name: Secure Management
- Assoc. Fees Include: All Facilities
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric, Roof Turbine(s), Zoned
- Heating Type: Electric, Fireplace(s), Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- Architectural Style: Traditional, Detached
- Structure Type: House
- Detached/Attached: Attached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 2
- Living Area: 2,329 Sq. Ft.
- Year Built: 2018
Lot Features
- Lot Size (Acres): 0.187
- Lot Size (Sq. Ft.): 8,145.72
- Frontage: All Weather Road, Asphalt
- Sidewalks: Yes
- Lot Features: Back Yard, Irregular Lot, Lawn, Landscaped, Subdivision, Sprinkler System
- Fencing (Description): Wood, Wrought Iron
Financial Considerations
- For Sale/Rent/Lease: For Sale
- Association Fee: $900
- Assoc Fee Freq.: Annually
- Tax Amount: $6,838
- Terms: Cash, Conventional, Contract, FHA, See Agent
Disclosures and Reports
- Legal Description: ROCKWALL DOWNES PH 2, BLOCK C, LOT 11
- Exclusions: TV in main living area. Wall mounts will stay.
- Disclosures/Rstr.: Familial Relation
- Property ID: 91482
- Block: C
- Lot Number: 11
Listed by CENTURY 21 Judge Fite Co., Bill Stivers
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Schools
Schools serving 1501 Derby Dr
School District:Rockwall Independent School District
| Name | Grades | Distance |
|---|---|---|
Dorris A Jones Elementary School 2051 Trail Glen Drive, Rockwall, TX 75032 | PK-6 | 0.5 mi |
Herman E Utley Middle School 1201 T L Townsend Drive, Rockwall, TX 75087 | 7-8 | 1.2 mi |
Rockwall-Heath High School 801 Laurence Drive, Heath, TX 75032 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 Derby Dr
Date
Details
Price
Change
Source
12/08/2025
Price Reduced
$407,000
-1.93%
MLS
11/18/2025
Listed
$415,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1501 Derby Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
$6,143
17%
$434,077
—
2023
$5,272
-18%
$435,707
-1%
2021
$6,432
-7%
$438,820
32%
2020
$6,939
540%
$332,120
-5%
2018
$1,085
-84%
$348,160
3%
2019
$6,973
543%
$338,020
573%
2018
$1,085
-25%
$50,210
-23%
2017
$1,439
—
$65,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1501 Derby Dr
1501 Derby Drive, Rockwall, TX 75032 (MLS# 21114932) is a Single Family property with 3 bedrooms and 3 full bathrooms. 1501 Derby Drive is currently listed for $407,000 and was received on November 18, 2025. Want to learn more about 1501 Derby Drive? Do you have questions about finding other Single Family real estate for sale in Rockwall? You can browse all Rockwall real estate or contact a Coldwell Banker agent to request more information.

