Video tour
$6,531 Closing Credit¹
Ryan Collinsworth, Listing Office: Keller Williams Realty-FM
$10,000
closing credit¹
534 Farm Ln Rockwall, TX 75087
$2,250,000 List price
$10,000
Closing credit¹
3 beds
2 full
2,087 sqft
16.0 acres
$1,078 / sqft
House
Property details
About 534 Farm Ln
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
Highlights
Home typeSingle Family Residence
StatusActive
Size2,087 sqft
Lot size16 Acres
Year built1984
ParkingAdditional Parking
MLS #20767930
FireplaceWood Burning
Virtual tour
Summary
- MLS Number: 20767930
- MLS Name: NTR
- Office Name: eXp Realty LLC
- Office Phone: (214) 608-1951
- Listing Agent: Zakary Schmidt
©2025 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Texas Real Estate Commission Consumer Protection Notice
Texas Real Estate Commission Information About Brokerage Service
Last updated on: 1/23/2025, 10:20:59 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$2,250,000
534 Farm Ln
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $6,050 | $247 |
| 2020 | $15,230 | $247 |
| 2019 | $16,710 | $302 |
| 2018 | $17,230 | $302 |
| 2017 | $18,550 | $332 |
History based on county public records data.
Nearby schools
8
Celia Hays Elementary School
Public District PK-6
0.9 mi
•1880 Tannerson Dr
8
Sherry and Paul Hamm Elementary School
Public District PK-6
1.7 mi
•2911 Greenway Dr
9
Nebbie Williams Elementary School
Public District PK-6
2.1 mi
•350 Dalton Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $89,665. Most Rockwall, TX residents have annual incomes between $35k-100k. Typical family type is married, with kids. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
10%
<35k
50%
35k-100k
35%
100k-200k
5%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
20%
Single, No Kids
10%
Single, with Kids
25%
Married, No Kids
45%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
24%
<11 yrs old
10%
12-17 yrs old
23%
18-34 yrs old
37%
35-64 yrs old
6%
65+ yrs old
What do the neighbors do for fun?
College Football
Soccer
NASCAR
Where do the neighbors shop?
Best Buy
Old Navy
Dick's Sporting Goods
Where do the neighbors go to eat?
Texas Roadhouse
Jimmy Johns
Arbys
What do the neighbors drive?
Ram
GMC
Kia
What do the neighbors listen to?
Contemporary Christian
New Country
Adult Hits
All data provided by Home Junction and Claritas
Similar homes for sale
Video tour
$7,113 Closing Credit¹
Delena Helton, Listing Office: Call It Closed Realty
$8,776 Closing Credit¹
Dee Evans, Listing Office: Coldwell Banker Apex, REALTORS
Video tour
$10,000 Closing Credit¹
Stephen Brooks, Listing Office: Royal Realty, Inc.
Backup offersVideo tour
$7,125 Closing Credit¹
Steven Andognini, Listing Office: eXp Realty LLC
Backup offersVideo tour
$7,351 Closing Credit¹
Amelia Chappel, Listing Office: Nu Home Source Realty, LLC
New - 2 days on RocketVideo tour
Rodney Holland, Listing Office: Keller Williams Rockwall
Video tour
$5,936 Closing Credit¹
Toby Jones, Listing Office: Perry Homes Realty LLC
Frequently asked questions
About 534 Farm Ln
This home is located at 534 Farm Ln in Rockwall, TX and zip code 75087. This 2,087 square foot home, which was built in 1984, sits on a 16.00 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 31, 2024 and is currently priced at $2,250,000.
In December 2024 in Rockwall, TX there were 5.8% less homes for sale than in November. Listings spent 104 days on the market in December 2024, and had a median list price of $549,989 during the same period.
From Rocket Homes Real Estate and based on county public records data.