$2,428,200
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40.47 Acres Lot
SOLD DATE : 08/18/2022
Key Details
Property Type Vacant Land
Sub Type Ranch
Listing Status Sold
Purchase Type For Sale
Subdivision No
MLS Listing ID 20008831
Sold Date 08/18/22
HOA Y/N None
Annual Tax Amount $20
Lot Size 40.470 Acres
Acres 40.47
Property Description
Great development opportunity within the city limits of McLendon Chisholm. Property has over 2565 ft of frontage on FM 550 and Smith Road. Easily divided into Estate tracts, or developed into 1 acre homesites. No flood plain according to FEMA. Ag Exempt. Property is only 12 mi from I-90 George Bush Tollway, 11.5 mi from I-30. On the major thoroughfare between McLendon Chisholm and Heath, Rockwall, and Lake Ray Hubbard.
Location
State TX
County Rockwall
Zoning agriculture
Direction From Dallas take I 30 to Rockwall, Exit SH 205 R (S) 10 mi to FM 550, go R (W) for 1.5 mi to property on L SOP.
Exterior
Utilities Available Asphalt, Co-op Electric, Co-op Water
Garage No
Building
Lot Description Acreage, Agricultural, Few Trees, Tank/ Pond
Schools
School District Rockwall Isd
Others
Restrictions Agricultural,No Mobile Home
Ownership Of Record
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Financing Cash
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Bought with Vijay Katakam • REKonnection, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "