534 Farm Lane, Rockwall, TX 75087

$2,250,000 Asking Price

3 beds
2 baths
2,087  sqft
Built in 1984

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.

Features & Amenities

Interior

General:
Loft,Open Floorplan,Pantry,Cable TV,Vaulted Ceiling(s)
Appliances:
Electric Cooktop,Electric Oven,Disposal
Fireplace:
Wood Burning, Fireplace, Fireplaces: 1

Exterior

Style:
Detached
Pool:
Pool
Parking:
Additional Parking

Construction

General:
One and One Half

Location

Originating MLS:
NTR
School District:
Rockwall ISD
County:
Rockwall

Lot

Zoning:
A0187 J STRICKLAND, TRACT 5, MH SERIAL # AROH, 000000012295
Fencing:
Barbed Wire

Utilities

Utilities:
Electricity Connected,Sewer Available,Water Available,Cable Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
NTR

This listing courtesy of:
eXp Realty LLC, Zakary Schmidt

About Rockwall, TX

Housing

Number of Units
30,604
Median Home Value
$336,581
Median Rent
$1,224

16.75% of housing units are renter occupied.

4.47% are vacant.

Commute

Car
61.04%
Public Transportation
0.36%
Walk to Work
0.27%
Work from Home
37.72%
Other
0.41%

The median travel time to work is 22 minutes.

People

Population
83,800
Median Age
39.30
Median Household Size
3.23

Education

High School
14.61%
Associate’s Degree
8.84%
Bachelor’s Degree
29.08%
Graduate Degree
18.77%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

Message

Interested in this home?

Request more information: