Paragon Realtors Real Estate

550 Hance TrailRockwall, TX 75087Price: $2,995,000

  • Price: $2,995,000
  • Est. Mortgage of $/month
  • 48 Days on Market
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$
%
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $2,995,000List Price
  • 12.82Acreage

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Listed by Rod Holland of Keller Williams Rockwall (972-772-7000)
Lots of options....#1) PURCHASE ALL 12. ACRES & keep in AG Exemption as an investment or to build a single residence. #2) Could be a DEVELOPMENT, (buyer would have to take it thru the City for approval), #3) Divide into TWO 6.3AC parcels that could remain in AG Exemption (except the part you take out to build a home on). #4) Current Owner is working with the city to PLAT into FOUR 3+AC homesites and once approved will offer these 3+AC homesite for $795K each. A buyer could contract a homesite fully contingent upon City Approval. If current owner gets the 4 homesite Plat approved there would be deed restriciton in place that are still yet to be determined but more than likely min sq footage would be 3500SF to 4000SF min. Shops or Barns would be allowed (per city reqirements & code). There is a rendering in photos that show what this could look like but is just an approx rendering, not exactly what would be approved. Contact agent for more detials. Utilities Gas, Water, Elect appear to be nearby, buyer to verify.

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Based on information submitted to North Texas Real Estate Information Services as of May 21, 2026 7:51 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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