tomo logo

$1,295,000

Beds
5
Baths
5.0
sq ft
5,180

1 Lost Valley Ct, Rockwall, TX 75032

1 Lost Valley Ct

Heath, TX 75032

  • 3 days on market
Nestled on a tranquil corner lot in the prestigious Buffalo Creek community, this recently renovated home seamlessly blends modern luxury with timeless charm while offering the perfect balance of elegance and functionality. Now featuring five spacious bedrooms and 4.5 bathrooms, this home is designed for both comfort and style. From the moment you walk inside, you are greeted by beautiful beams and sight lines that include the wine grotto and second fire place, and the outside oasis. Enjoy the chef’s kitchen that features a built-in refrigerator, custom island, and custom ceiling-height cabinetry for ample storage and a sleek, sophisticated look. The downstairs features two secondary bedrooms and the Primary suite. The primary suite is a true sanctuary, complete with a cozy sitting area, dual master closets, and a stunning see-through fireplace that warms both the oversized bedroom and spa-like bathroom—all overlooking the dreamy backyard. Upstairs, you'll find two bedrooms with their own private en suite, a large media room fully equipped with a bar and projection screen, and a game room with a full-size pool table. Step outside to your resort-style backyard, where a 9.5-ft lagoon pool with a custom grotto, fountains, and a tanning ledge creates your own personal paradise. The expansive patio features a Renato brick pizza oven, tv shelf, serving bar, and picturesque views of mature trees—ideal for outdoor gatherings. Recent updates include fresh interior and exterior paint, an office that has been transformed back into a bedroom, upgraded epoxy flooring in the fully functional 3-car garage, hand-scraped hardwood flooring on the first floor and stair landings, new carpet, and additional lighting added to the grotto area. This home is a one-of-a-kind retreat, offering luxury, comfort, and an entertainer’s dream—right in your own backyard!

Details

Property type

Single Family Residence

Est. home value

$1,065,694

Lot size

0.425 acres

Price per sq ft

$250

Year built

2002

Annual property taxes

$13,319

Monthly HOA fee

$54.33

Price History

03/28/2025
NTREIS

NTREIS #20812001

Listed
$1,295,000
12/05/2024
NTREIS

NTREIS #20678752

Removed
09/11/2024
NTREIS

NTREIS #20678752

Listed
$1,095,000

Schools & Community

Elementary school: 

Dorothy Smith Pullen

Middle school: 

Cain

High school: 

Heath

School district: 

Rockwall ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$750,302
Asking price
$1,295,000
Closing costs (~8% of asking)
-$103,600
Est. remaining loan balance
-$441,098
Cash to seller
$750,302

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Planet Home Lending Llc

Loan start date

September 2020

Original loan amount

$489,930

Est. remaining balance

$441,098

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Gibbs Clark and Carole Franklin

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/31/2025 at 11:30 PM

Listing updated: 03/29/2025 at 2:16 AM

Listed by: Becky Chance, Monument Realty Phone #: (214) 705-7827

MLS: NTREIS #20812001

NTREIS logo

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