Rockwall, TX 75087,534 Farm Lane
Rockwall, TX 75087,534 Farm Lane
Rockwall, TX 75087,534 Farm Lane
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$2,250,000
Est. payment /mo
3 Beds
2 Baths
2,087 SqFt

UPDATED:

11/10/2024 04:01 PM

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,087 sqft

Price per Sqft $1,078

Subdivision Anna Cade

MLS Listing ID 20767930

Bedrooms 3

Full Baths 2

HOA Y/N None

Year Built 1984

Annual Tax Amount $16

Lot Size 16.000 Acres

Acres 16.0

Property Description

Uncover 16 acres of prime land in North Rockwall with no HOA, offering the perfect blend of investment potential and freedom to create your dream estate. Currently operating as a successful short-term rental, the updated 3-bedroom, 2-bath home on the property generates steady income, and sleeps 12 including the upstairs loft providing immediate revenue while you design and build the custom home you've always envisioned.

With owner financing options available, securing this expansive property has never been easier. This is a rare chance to own substantial land in a sought-after area, with the flexibility to enjoy privacy, build a private retreat, or capitalize on the proven STR income potential. Invest, build, and dream?all in one exceptional location.

Location

State TX

County Rockwall

Direction At the end of Farm Lane

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s)

Fireplaces Number 1

Fireplaces Type Wood Burning

Appliance Disposal, Electric Cooktop, Electric Oven

Exterior

Fence Barbed Wire

Utilities Available Cable Available, City Sewer, City Water, Electricity Connected

Garage No

Private Pool 1

Building

Lot Description Acreage, Agricultural

Story One and One Half

Level or Stories One and One Half

Schools

Elementary Schools Celia Hays

Middle Schools Jw Williams

High Schools Rockwall

School District Rockwall Isd

Others

Restrictions Deed

Ownership Avery

Acceptable Financing 1031 Exchange, Cash, Conventional, Owner Will Carry, Texas Vet, USDA Loan, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, Owner Will Carry, Texas Vet, USDA Loan, VA Loan


Read Less Info
North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Zakary Schmidt • eXp Realty LLC

Tammi Montgomery

Agent | License ID: 0995682171

+1(318) 540-6108

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534 Farm Lane