$1,725,000

140 Lakota Ln Rockwall, TX 75032

$10,000
Closing credit¹
12 beds
11 full
7.8 acres
Multi-Family

Property details

About 140 Lakota Ln

Sharpen your pencil!! Multi-purpose & Multi-opportunity. This property offers something for the Investor, Owner Occupant, Developer or mulit-generational family(compound). Nearly 8 Acres in McLendon Chisholm (County not ETJ) with 3 very nice Duplexes on the property (all occupied, one of them by the owner and no long term leases to have to honor but all long term tenants) Originally bought for horses this property has several different directions it could go...more residences could be built and possibly metal buildings. Property is comprised of a main residence(3-2-2) A MIL Suite (1-1) & TWO Separate Duplex (One Duplex offer 2-2-2's & the other 2-2's) 6 Leasable units including the owners unit (the 3-2-2) 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. Duplexes are meticulously maintained with recently replaced flooring, appliance upgrades, roof, ac units and more. This property opens up possibilities for additional income, with nearly 3 acres of open land with potential for various purposes.

Highlights

Home typeDuplex
HeatingCentral
StatusActive
CoolingCentral Air
Lot size7.781 Acres
Year built1992
ParkingDriveway, Garage Faces Front, Garage
MLS #20812958
Attached garage4 spaces
FireplaceLiving Room

Virtual tour

Summary

  • MLS Number: 20812958
  • MLS Name: NTR
  • Office Name: Keller Williams Rockwall
  • Office Phone: (972) 772-7000
  • Listing Agent: Rodney Holland

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Last updated on: 3/6/2025, 1:21:03 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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bird's eye view featuring a rural view

$1,725,000

140 Lakota Ln

$10,000

closing credit¹

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Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

YearAssessmentProperty Tax
2024$521,036$3,641
2023$481,432$4,427
2022$469,120$4,427
2021$363,030$4,569
2020$369,750$6,001

History based on county public records data.

Nearby schools

7

Dorothy Smith Pullen Elementary School

Public District PK-6

2.2 mi

6492 FM 3097

8

Ouida Springer Elementary School

Public District PK-6

3.1 mi

3025 Limestone Hill Ln

8

Sharon Shannon Elementary School

Public District PK-6

3.3 mi

3130 Fontana Blvd

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $118,697. Typical income of Rockwall, TX residents is between $100k-200k annually. The most common type of family is married, with kids. Most residents in this area have post secondary degree education.

How much money do the neighbors make?

7%
<35k
33%
35k-100k
36%
100k-200k
24%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

15%
Single, No Kids
6%
Single, with Kids
37%
Married, No Kids
42%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

19%
<11 yrs old
12%
12-17 yrs old
10%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • HuntingHunting
  • Skiing/snowboardingSkiing/snowboarding
  • NASCARNASCAR

Where do the neighbors shop?

  • Dick's Sporting GoodsDick's Sporting Goods
  • DillardsDillards
  • BJs Wholesale ClubBJs Wholesale Club

Where do the neighbors go to eat?

  • Texas RoadhouseTexas Roadhouse
  • Cracker BarrelCracker Barrel
  • PaneraPanera

What do the neighbors drive?

  • SubaruSubaru
  • CadillacCadillac
  • InfinitiInfiniti

What do the neighbors listen to?

  • New CountryNew Country
  • News/Talk/InformationNews/Talk/Information
  • Adult HitsAdult Hits
All data provided by Home Junction and Claritas

This home is located at 140 Lakota Ln in Rockwall, TX and zip code 75032. Features: 12 bedrooms, 11 bathrooms. It has been listed on Rocket Homes since February 10, 2025 and is currently priced at $1,725,000.

In February 2025 in Rockwall, TX there were 14.8% more homes for sale than in January. While the average time on the market in February 2025 was 91 days, the median list price was $557,175.

From Rocket Homes Real Estate and based on county public records data.

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