Residential For Sale

540 Farm Lane, Rockwall, Texas 75087

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Property 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

Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : 20767930
Price : $2,250,000
Year Built : 1984
Lot Area : 16 Acre
Status : Active
Office Name : eXp Realty LLC
Agent Name : Zakary Schmidt
Full Bathrooms : 2
Property Attached Yn : 1
Property Sub Type : Single Family Residence
Features
Swimming Pool : Pool
Fence : Barbed Wire
Fireplace : Wood Burning
Parking : Additional Parking
Architectural Style : Detached
Fireplaces Total : 1
Interior Features : Open Floorplan, Pantry, Vaulted Ceiling(s), Loft, Cable TV
Sewer : Public Sewer
Utilities : Sewer Available, Cable Available, Electricity Connected, Water Available
Appliances
Appliances : Disposal, Electric Oven, Electric Cooktop
Address Map
Country : US
State : TX
County : Rockwall
City : Rockwall
Zipcode : 75087
Street : Farm
Street Number : 534
Street Suffix : Lane
Longitude : W97° 34' 5.4''
Latitude : N32° 58' 29.8''
Neighborhood
Elementary School : Celia Hays
Elementary School District : Rockwall ISD
High School : Rockwall
High School District : Rockwall ISD
Middle School : JW Williams
Additional Information
Lot Features : Acreage, Agricultural
Levels : One and One Half
Financial
Tax Annual Amount : 16.0
Listing Information
List Agent Mls Id : 0759608
List Office Mls Id : XPTY01
Mls Status : Active
Modification Timestamp : 2024-11-22T15:14:05Z
Originating System Name : NTR
Special Listing Conditions : Standard
Residential For Sale
  • Listing ID : 20767930
  • Lot Area : 16 Acre
  • Visits : 2
$2,250,000