Skip to content
Skip to content
TopHapOpen in map
Single Family ResidenceResidential
$287,273$147 / ft²
TopHap EstimateOur estimate of what this home would sell for today, based on nearby sales, the home's size and features, and local price trends. It is a starting point, not an appraisal.· confidence 96How well the pricing models agreed with each other on this home. Higher means the estimate rests on stronger, more consistent data.· as of Jul 14, 2026

1506 MELROSE LN

ROCKWALL, TX 75032
3
Beds
2
Baths
1,954 ft²
Living AreaTotal finished area of the structures, from county records. Some counties include shared space like hallways or a building gym, so it may not match a listing.
0.16 ac
Lot SizeThe size of the land the home sits on, from county records.
2001
Year BuiltThe year the home was originally built, according to county records.
1
StoriesHow many floors the home has above ground.
1
ParkingThe number of parking spaces on the property, including the garage.

Valuation

$287K
$275K low$300K high
Est. Owner EquityRoughly how much of the home's value the owner would keep after paying off known loans. It is our estimate minus the loans still owed.$287,273
Est. Lendable EquityThe part of the owner's equity a lender would typically let them borrow against — about 80% of their equity.$229,818

Tax & Assessment

Property TaxThe property tax billed for this tax year. It usually pays for schools, roads, and local services.$592 (2025)
Assessed ValueThe value the county assigns to this home to calculate property tax. It is often lower than what the home would sell for.$302,770 (2026)
Assessed LandThe share of the county's assessed value that comes from the land itself, not the buildings.$134,400
Assessed ImprovementsThe share of the county's assessed value that comes from the buildings and other structures on the land.$168,370
Previous AssessedThe county's assessed value from the year before, useful for seeing how the assessment changed.$310,585
Assessor Market ValueThe county assessor's own opinion of market value. It is separate from our estimate and updates on the county's schedule.$302,770

Climate Risk

Projected Flood DepthHow deep a serious flood is expected to get here at some point in the next 30 years. Shown in inches.21 in
30-Year Flood ChanceThe chance of at least one serious flood here in the next 30 years, not in any single year.30%
FEMA Flood ZoneFEMA's flood zone for this address. Zones starting with A or V are high risk, and lenders usually require flood insurance there.minimal

Scores 0–100; higher = greater projected risk.

Property Facts

Property TypeThe broad category the county puts this property in, such as residential or commercial.Single Family Residence
CountyROCKWALL
Lot (acres)The size of the land the home sits on, from county records.0.16
RoofThe main material covering the roof, such as asphalt shingle or tile.Composition Shingle
HeatingThe type of heating system in the home.Central
CoolingThe type of cooling or air conditioning in the home.Central
FireplaceWhether the home has a fireplace, and what kind.Yes
GarageWhether the property has a garage, and details like whether it is attached to the home.Garage, Attached
PoolWhether the property has a pool, and what kind, such as in-ground.No
FeaturesExtra features found in county records. Records are not complete everywhere, so a missing feature does not always mean the home lacks it.Patio · 80 ft²Porch · 32 ft²

Assigned SchoolsThe public schools this address is zoned for. Boundaries change, so confirm with the district before you count on it.

E
Dorris A. Jones Elementary SchoolC
Elementary · Grades PK–6 · 0.7 mi
M
Ursula Rakow Middle School
Middle · Grades 7–8 · 3.7 mi
H
Rockwall-Heath High SchoolB+
High · Grades 10–12 · 4.5 mi

District: Rockwall Independent School District

Neighborhood · ZIP 75032These are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.64
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.102
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.27

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.96%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.30%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.2.2%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.44,737
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.776 / mi²
Median incomeThe middle household income here — half of households earn more, half earn less.$142,395
Average incomeThe average household income. It runs higher than the median when a few high earners pull it up.$178,483
Average tempThe average temperature here across a full year.65°F
Annual precipHow much rain and melted snow falls here in a typical year.42 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.62%

Ownership

OccupancyWhether the owner appears to live here or somewhere else. It is inferred from the mailing address on record.Owner occupied
Company ownedWhether the owner is a company or trust rather than a person.No

Data by ATTOM. Valuations are automated estimates, not appraisals. Photos from Google Street View and may not depict the current property state.

How this home compares

1506 Melrose Ln measured against every home in its neighborhood, its ZIP code and its county, using county assessor records refreshed nightly. A home can stand out in one of those areas and look ordinary in another, because each one holds a different mix of homes.

  • Worth less than 90% of homes in Rockwall 75032
  • Costs less per square foot than 91% of homes in Rockwall 75032
  • Smaller than 74% of homes in Rockwall 75032
  • Has a smaller lot than 81% of homes in Rockwall 75032

What homes are worth in Rockwall 75032

Each bar is how many homes fall in that price range. The marker is this home.

This home
$203K$2M

This home is worth more than 10% of homes in Rockwall 75032.

How it measures up in Rockwall 75032

The dot is this home. The mark in the middle is the typical home in Rockwall 75032.

Estimated value$287,273
CheaperTypical $541,897Pricier

Pricier than 10% of homes nearby

Price per ft²$147
CheaperTypical $210Pricier

Pricier than 9% of homes nearby

Living area1,954 ft²
SmallerTypical 2,765 ft²Bigger

Bigger than 26% of homes nearby

Lot size0.16 ac
SmallerTypical 0.27 acBigger

Bigger than 19% of homes nearby

Year built2001
OlderTypical 2002Newer

Newer than 48% of homes nearby

How 1506 Melrose Ln ranks against every home in each area.
MeasureThis homeMeadowcreek EstatesRockwall 75032Rockwall County
Estimated valuepricier than$287,27326% of homes10% of homes13% of homes
Price per ft²pricier than$14749% of homes9% of homes13% of homes
Living areabigger than1,954 ft²42% of homes26% of homes30% of homes
Lot sizebigger than0.16 ac49% of homes19% of homes29% of homes
Year builtnewer than200157% of homes48% of homes38% of homes

About 1506 Melrose Ln

How much is 1506 Melrose Ln, Rockwall, TX worth?

The TopHap Estimate for 1506 Melrose Ln, Rockwall, TX is $287,273 as of Jul 14, 2026. The likely range is $274,844 to $299,702. The estimate is modelled from recorded sales, assessments and the property's own characteristics — it is not an appraisal.

When did 1506 Melrose Ln, Rockwall, TX last sell?

1506 Melrose Ln, Rockwall, TX last sold on Jan 1, 1900, according to the county's recorded deed.

How big is 1506 Melrose Ln, Rockwall, TX?

1506 Melrose Ln, Rockwall, TX has 3 bedrooms, 2 bathrooms, 1,954 square feet of living space and a 0.16-acre lot.

When was 1506 Melrose Ln, Rockwall, TX built?

1506 Melrose Ln, Rockwall, TX was built in 2001, making it 25 years old. The building has 1 story.

What schools serve 1506 Melrose Ln, Rockwall, TX?

1506 Melrose Ln, Rockwall, TX is assigned to Dorris A. Jones Elementary School (elementary), rated C; Ursula Rakow Middle School (middle); Rockwall-Heath High School (high), rated B+. All sit in Rockwall Independent School District. Attendance boundaries change — confirm with the district before relying on an assignment.

How does 1506 Melrose Ln, Rockwall, TX compare to other homes in Rockwall 75032?

Among the 13,644 homes in Rockwall 75032, it is worth more than 10% of them ($287,273 against a typical $541,897), its price per square foot is higher than 9% of them ($147 against a typical $210), it is bigger than 26% of them (1,954 ft² against a typical 2,765 ft²), its lot is bigger than 19% of them (0.16 ac against a typical 0.27 ac) and it is newer than 48% of them (2001 against a typical 2002). Measured against all of Rockwall County, it is worth more than 13% of homes there. These shares are recounted nightly from the full county assessor record for each area, not from active listings.

What are the property taxes on 1506 Melrose Ln, Rockwall, TX?

The 2025 property tax bill for 1506 Melrose Ln, Rockwall, TX was $592. The county assessed it at $302,770.

Closest homes

More homes in Rockwall 75032

Assigned schools

Explore the area

See this home in context

Open 1506 Melrose Ln on TopHap’s interactive map to compare it against every sale nearby, overlay school zones and flood risk, and run a CMA.

Open in map
A flyover of TopHap's photorealistic 3D map, with recorded sale prices pinned to homes
Search any address, city, zip, or county…3D$1.9M$6.25MOpen in map