534 Farm Lane Rockwall, TX 75087

Single Family Detached MLS #: 20767930 Courtesy Of eXp Realty, LLC, Listed By Zakary Schmidt

$2,250,000

3 beds | 2 baths | 2,087 sq ft
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Estimated monthly payments: $9,836/mo.* (recalculate)

Property InformationDescription

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
MORTGAGE CALCULATOR

Features

  • Age: 41-50 Years Old
  • Amenities: Dock, Vaulted Ceiling, Cable Ready
  • Appliances: Cooktop, Cooktop - Electric, Garbage Disposer
  • Architecture Style: Other
  • Fireplace: Fireplace
  • Heating System: Fireplace
  • Lot Size: 16 Acres

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MAP & DIRECTIONS

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534 Farm Lane, Rockwall, TX 75087
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School Information

534 Farm Lane, Rockwall, TX 75087

Elementary School
Grades PK-6 | Public School
CELIA HAYS ELEMENTARY SCHOOL
Rockwall, TX 75087
1880 Tannerson Dr
469.­698.2800
Distance: 0.8 mi
School Rating
A+
Student:Teacher Ratio
13:1
Total Students
441
Middle School
Grades 7-8 | Public School
J. W. WILLIAMS MIDDLE SCHOOL
Rockwall, TX 75087
625 E FM 552
972.­771.8313
Distance: 1.7 mi
School Rating
B+
Student:Teacher Ratio
19:1
Total Students
808
High School
Grades 9-12 | Public School
ROCKWALL HIGH SCHOOL
Rockwall, TX 75087
901 W Yellowjacket Ln
972.­771.7339
Distance: 5.1 mi
School Rating
A-
Student:Teacher Ratio
19:1
Total Students
2847
Other Nearby Schools Distance Type Grades School Rating
Sherry And Paul Hamm Elementary School 1.8 mi Public PK-6 A+
Nebbie Williams Elementary School 2.3 mi Public PK-6 A+
Billie Stevenson Elementary School 2.8 mi Public PK-6 B
Miss May Vernon Elementary School 2.9 mi Public KG-5 B+
Rockwall Quest Academy 2.9 mi Public 11-12 C-
Phyliss Nesmith Elementary School 2.9 mi Public PK-5 C+
Grace Hartman Elementary School 3.2 mi Public PK-6 A-
Howard Dobbs Elementary School 3.2 mi Public PK-6 B+
Bobby Summers Middle School 3.3 mi Public 6-8 B-
Community Trails Middle School 3.5 mi Public 6-8
Virginia Reinhardt Elementary School 3.5 mi Public PK-6 A-
Marigold Learning Academy 3.7 mi Private PK-3
Dodson Elementary School 3.8 mi Public PK-5
Pioneer Technology (ptaa) Fate 4.0 mi Public 6-11 B
Herman E. Utley Middle School 4.1 mi Public 7-8 A
Heritage Christian Academy Rockwall 4.4 mi Private PK-12
Heritage Christian Academy 4.5 mi Private PK-12
Harry Herndon Elementary School 4.6 mi Public KG-5 C+
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Rockwall, TX 75087

Median Age: 40.1
Married: 71%
Number of Households: 17,080
Households with Children: 45.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.