140 Lakota Lane

Rockwall, TX 75032

$1,725,000
Price
12
Beds
11
Baths
6,904 Sq. Ft.
$250 / Sq. Ft.
6,904
Sq. Ft.
$250
per Sq. Ft.

Description

Exquisitely distinctive property nestled in the coveted Rockwall comprising a main residence with a mother-in-law suite and two duplexes, boasting a solid foundation of five long-term tenants, turn key investment opportunity all situated on nearly 8 acres. Thoughtfully cross-fenced and equipped with four loafing sheds and runs for horses water troughs, tack room well maintained environment for equestrian enthusiasts. The main house exudes southern charm, showcasing custom cedar siding and a blend...Exquisitely distinctive property nestled in the coveted Rockwall comprising a main residence with a mother-in-law suite and two duplexes, boasting a solid foundation of five long-term tenants, turn key investment opportunity all situated on nearly 8 acres. Thoughtfully cross-fenced and equipped with four loafing sheds and runs for horses water troughs, tack room well maintained environment for equestrian enthusiasts. The main house exudes southern charm, showcasing custom cedar siding and a blend of concrete and hand scraped wood flooring throughout. The kitchen is a culinary delight, featuring granite countertops and custom cabinets, stainless steel appliances with a spacious deck and spa outback. Duplexes are meticulously maintained with new flooring, appliance upgrades, new roof, ac units and more. This property opens up possibilities for additional income, with open land available for various purposes outside of city limits!
  1. Listed by Brittney Striegel • TREC #0755983 • Keller Williams Rockwall • 972-772-7000

Property Details for 140 Lakota Lane

Subdivision Name
Dan Wurst Sub #2
Pool
No
Garage Spaces
4
Number Of Parking Spaces
10
LISTING UPDATED: 11/26/2024 03:21 PM

Property Details for 140 Lakota Lane

StatusActive
MLS #20686791
Days on Market146
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Full Duplex
Year Built1992
Lot Size7.78 AC / 338,940 SF
CountyRockwall County

Building Information for 140 Lakota Lane

Stories1Residences6Year Built1992Building Size-Lot Size7.78 AC / 338,940 SF

Property Information for 140 Lakota Lane

Summary
Location and General Information
  • Block: A
  • Complex Name: None
  • Directions: From Horizon Road head west, turn right onto FM 549, turn left onto FM 550, Turn left onto Pullen Road. About 1 mile down listing will be on the right.
  • Elementary School: Dorothy Smith Pullen
  • Elementary School Name: Dorothy Smith Pullen
  • High School: Heath
  • High School Name: Heath
  • Middle School: Cain
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Rockwall ISD
  • Geocode Confidence: High
  • Latitude: 32.85
  • Longitude: -96.41
  • State: Texas
Parking
  • Parking Features: Additional Parking, Covered, Driveway, Garage
  • Carport Spaces: 2
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 6
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: DAN WURST SUBD #2, BLOCK A, LOT 1, ACRES 7.78
  • Association Type: None
  • Tax Lot: 1
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Living Room
  • Fireplaces Total: 1
  • Flooring: Carpet, Ceramic Tile, Concrete, Luxury Vinyl Plank
  • Heating: Central
  • Interior Features: Built-in Features, Cable TV Available, Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Loft, Natural Woodwork, Pantry, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s)
  • Appliances: Dishwasher, Disposal, Electric Oven, Gas Water Heater, Refrigerator, Washer
  • Basement: No
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: Yes
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Cedar, Vinyl Siding, Wood
  • Exterior Features: Covered Patio/Porch, Stable/Barn, Storage
  • Fencing: Cross Fenced, Fenced, Pipe
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Pool Features: Separate Spa/Hot Tub
  • Roof: Composition
  • Waterfront: No
  • Horse Permitted: Yes
  • Number Of Units Total: 6
  • Levels: One
Property
Utilities
  • Utilities: Septic
Property and Assessments
  • Accessibility Features: Meets ADA Requirements
  • Handicap: Yes
  • Loan Type: Treat As Clear
  • Property Match: Address
Lot Information
  • Lot Features: Acreage, Pasture
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 7.781
  • Lot Size Area: 7.781
  • Lot Size Source: Assessor
  • Lot Size Units: Acres
  • Lot Size Square Feet: 338940.36
  • Multi Parcel ID: No
  • Parcel Number: 000000060447
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 3
  • Capitalization Rate: 3.16%
  • Gross Annual Expenses: $5,524
  • Gross Annual Income: $66,552
  • Insurance Expense: $6,595
  • Total Annual Expenses Include: Maintenance, Maintenance Grounds
  • Net Operation Income: $54,433.00

Property History for 140 Lakota Lane

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 140 Lakota Lane

Taxable ValueLand$117,167Additions$364,265Total$481,432
Tax Record2023$3,641 ($303 / month)
Home Facts
Baths9Total Finished SqFt2,162 SqFtAbove Grade Finished SqFt2,162 SqFtStories1Lot Size338,940 SqFtStyleMiscellaneous AgriculturalYear Built2011CountyROCKWALLAPN5346-000A-0001-00-0RFireplace TypeHas Fireplace

Schools near 140 Lakota Lane

This home is within Rockwall Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - 11 to 12
Rating
School
Distance
Dorothy Smith Pullen Elementary School
PublicPK to 6

Maurine Cain Middle School
Public7 to 8

Rockwall-Heath High School
Public9 to 12

Rockwall Quest Academy
Public11 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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140 Lakota Lane is a multi-family home for sale in Rockwall, TX 75032. This property was listed for sale on July 27, 2024 by Keller Williams Rockwall, it's currently listed at $1,725,000. This listing's school district is Rockwall Independent School District. Nearby schools include Dorothy Smith Pullen Elementary School, Maurine Cain Middle School and Rockwall-Heath High School. 140 Lakota Lane is a 12-bed, 11-bath, 6,904 sqft multi-family home built in 1992.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Rockwall, Brittney Striegel

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