Rockwall, TX 75087
$2,250,000List Price
$16,617 Est. Mo. Payment
For a given home price of $2,250,000, the monthly mortgage is computed using a 5% down payment ($112,500) and a 7.5% annual interest rate, spread over 360 payments.
3
2
0
2,087ft2

Status

Available

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. Additional acreage available on top of the 16 acres Previous listing was for only 10 acres without the house included for reference

MLS Listing ID

20767930

Listed By

Zakary Schmidt
888-519-7431
eXp Realty LLC

Map

High School
Rockwall
Elementary School
Celia Hays
High School District
Rockwall ISD
Middle Or Junior School
JW Williams
Tax Annual Amount
16
This expanded setting will include additional fields to closer define your loan needs and payment amount.
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%

Estimated Monthly Payment

$16,617

Loan Amount

$2,137,500

This calculator is illustrative, but your unique situation will best be served by seeking out a purchase budget pre-approval from a reputable mortgage provider. First Choice Lending Group can provide you an approval within 48hrs.

Home Facts

Bathroom

Bathrooms Full
2

Kitchen

Appliances

  • Disposal
  • Electric Oven
  • Electric Cooktop

Highlights

Interior Features

  • Pantry
  • Loft
  • Vaulted Ceiling(s)
  • Open Floorplan
  • Cable TV

Sewer

  • Public Sewer

Levels

  • One and One Half

Fencing

  • Barbed Wire
Lot Size Acres
16
Parcel Number
000000012295

Pool Features

  • Pool
Property Type
Residential

Parking Features

  • Additional Parking
Property Sub Type
Single Family Residence

Fireplace Features

  • Wood Burning
Virtual Tour
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Year Built
1984

Architectural Style

  • Detached

Utilities

  • Sewer Available
  • Cable Available
  • Water Available
  • Electricity Connected