550 Hance Trail, Rockwall, TX 75087
550 Hance Trail, Rockwall, TX 75087
550 Hance Trail, Rockwall, TX 75087
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David Sheehan

David Sheehan

REFLECT Real Estate

+1(214) 923-5897
$2,995,000
Est. payment /mo
12.82 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Wruster*

MLS Listing ID 21222902

HOA Y/N None

Annual Tax Amount $936

Lot Size 12.820 Acres

Acres 12.82

Property Sub-Type Unimproved Land

Property Description

Lots of options....#1) PURCHASE ALL 12. ACRES & keep in AG Exemption as an investment or to build a single residence. #2) Could be a DEVELOPMENT, (buyer would have to take it thru the City for approval), #3) Divide into TWO 6.3AC parcels that could remain in AG Exemption (except the part you take out to build a home on). #4) Current Owner is working with the city to PLAT into FOUR 3+AC homesites and once approved will offer these 3+AC homesite for $795K each. A buyer could contract a homesite fully contingent upon City Approval. If current owner gets the 4 homesite Plat approved there would be deed restriciton in place that are still yet to be determined but more than likely min sq footage would be 3500SF to 4000SF min. Shops or Barns would be allowed (per city reqirements & code). There is a rendering in photos that show what this could look like but is just an approx rendering, not exactly what would be approved. Contact agent for more detials. Utilities Gas, Water, Elect appear to be nearby, buyer to verify.

Location

State TX

County Rockwall

Zoning Single Family SFR

Direction Address has changed - enter 550 E Quail Run Rd into GPS to locate property.

Interior

Heating Other

Cooling Other

Heat Source Other

Exterior

Utilities Available All Weather Road, Electricity Available, Other

Waterfront Description Lake Front

Street Surface Concrete

Lot Frontage 775.0

Garage No

Building

Lot Description Acreage, Agricultural, Few Trees, Interior Lot, Irregular Lot, Lrg. Backyard Grass, Tank/ Pond, Water/Lake View, Waterfront

Schools

Elementary Schools Nebbie Williams

Middle Schools Jw Williams

High Schools Rockwall

School District Rockwall Isd

Others

Restrictions Other

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21222902

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Listed by Rod Holland • Keller Williams Rockwall

NEARBY SCHOOL & BUSINESS

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Reflect Real Estate

Reflect Real Estate

+1(214) 449-1822

Brokerage | License ID: 9010073

Brokerage License ID: 9010073

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