534 Farm Lane

Rockwall, TX 75087

$2,250,000
Price
3
Beds
2
Baths
2,087 Sq. Ft.
$1,078 / Sq. Ft.
2,087
Sq. Ft.
$1,078
per Sq. Ft.

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...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.
  1. Listed by Zakary Schmidt • TREC #0759608 • eXp Realty LLC • 214-608-1951

Property Details for 534 Farm Lane

Subdivision Name
Anna Cade
Structural Style
Single Detached
Pool
Yes
LISTING UPDATED: 11/10/2024 10:01 AM

Property Details for 534 Farm Lane

StatusActive
MLS #20767930
Days on Market13
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1984
Lot Size16.00 AC / 696,960 SF
CountyRockwall County

Building Information for 534 Farm Lane

Stories2Year Built1984Building Size-Lot Size16.00 AC / 696,960 SF

Property Information for 534 Farm Lane

Summary
Location and General Information
  • Directions: At the end of Farm Lane
  • Elementary School: Celia Hays
  • Elementary School Name: Celia Hays
  • High School: Rockwall
  • High School Name: Rockwall
  • Middle School: JW Williams
  • School District: Rockwall ISD
  • Geocode Confidence: High
  • Latitude: 32.97
  • Longitude: -96.43
  • State: Texas
Parking
  • Parking Features: Additional Parking
  • Carport Spaces: 0
  • Parking Spaces Covered Total: 0
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: A0187 J STRICKLAND, TRACT 5, MH SERIAL # AROH
  • Association Type: None
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplace Features: Wood Burning
  • Fireplaces Total: 1
  • Interior Features: Cable TV Available, Loft, Open Floorplan, Pantry, Vaulted Ceiling(s)
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Disposal, Electric Cooktop, Electric Oven
  • Basement: No
  • Living Area: 2087.0
  • Smart Home Features Appor Pass Y: Yes
Exterior Features
  • Fencing: Barbed Wire
  • Number Of Stories: 2
  • Room List: Bedroom-Primary, Master Bedroom, Living Room
  • Levels: One and One Half
Room 1
  • Room Type: Bedroom-Primary
Room 2
  • Room Type: Living Room
Property
Utilities
  • Utilities: Cable Available, City Sewer, City Water, Electricity Connected
Property and Assessments
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Owner Will Carry, Texas Vet, USDA Loan, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: Deed
  • Property Match: Address
Lot Information
  • Easements: Access
  • Lot Features: Acreage, Agricultural
  • Lot Size: 10 to < 50 Acres
  • Lot Size Acres: 16.0
  • Lot Size Area: 16.0
  • Lot Size Units: Acres
  • Lot Size Square Feet: 696960.0
  • Multi Parcel ID: No
  • Parcel Number: 000000012295
  • Property Attached: Yes

Property History for 534 Farm 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 534 Farm Lane

Taxable ValueLand$1,281Additions-Total$1,281
Tax Record2021$96 ($8 / month)
Home Facts
Total Finished SqFt1,064 SqFtAbove Grade Finished SqFt1,064 SqFtStories1Lot Size2,181,354 SqFtStyleFarmsYear Built1982CountyROCKWALLAPN0187-0000-0005-00-0R

Schools near 534 Farm Lane

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

J W Williams Middle School
Public7 to 8

Rockwall High School
Public8 to 12

Gene Burton College and Career Academy
Public9 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.

Similar Homes

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Similar Sold Homes

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534 Farm Lane is a single family home for sale in Rockwall, TX 75087. This property was listed for sale on October 31, 2024 by eXp Realty LLC, it's currently listed at $2,250,000. This listing's school district is Rockwall Independent School District. Nearby schools include Celia Hays Elementary School, J W Williams Middle School and Rockwall High School. 534 Farm Lane is a 3-bed, 2-bath, 2,087 sqft single family home built in 1984.

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 eXp Realty LLC, Zakary Schmidt

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