Waterfront Land with Canal
For Sale
$495,000
501 Smith Road, Rockwall, TX 75032
LAND - McLendon Chisholm, TX
Property SizeContact for details
Lot Size2.50 Acres
Days on Market8
Property Features for 501 Smith Road
General Information
Property type
Land
Property subtype
Other
Zoning description
Residential
Vegetation
Grassed
Subdivision
Vernon Estates
Lot features
Acreage, Cleared, Interior Lot, Few Trees
View
Water
Elementary school
Amy Parks-Heath
Middle school
Cain
High school
Rockwall-Heath
Elementary school district
Rockwall ISD
Middle school district
Rockwall ISD
High school district
Rockwall ISD
Directions
From Hwy 205 - Travel west on FM 550. Turn left on Smith Road. Property is on the left.
Standard status
Active
APN
000000072425
Lot size
2.50 Acres
Taxes and HOA fees
Tax Description
VERNON ESTATES, LOT 2, ACRES 2.5
Tax Annual Amount
4662
Legal Description
VERNON ESTATES, LOT 2, ACRES 2.5
Utilities
Sewer type
Aerobic Septic
Water source
Public
Water front features
Canal Access
Water front
1
Listing Agency:
Dorman Realtors, LLC
(972) 353-7001
Listed By:
Shannon Parker
(972) 353-7001
Added: Jul 29
Changed: Aug 3
Last Checked: Aug 5 at 1:06PM
MLS# 21344635
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
An exceptional 2.5-acre improved waterfront property in McLendon Chisholm, featuring canal access, a pond, and views of a large soil conservation reservoir. The pond connects directly to the soil conservation reservoir, designed to help provide reliable water flow.
Utilities are already in place, with water and electric connected. Water service is listed as public, and sewer is provided by an aerobic septic system. The setting includes mature trees and a waterfront backdrop that supports year-round outdoor enjoyment.
The property is positioned in Rockwall County with access to nearby Rockwall and Royse City, as well as Lake Ray Hubbard, shopping, entertainment, dining, and major highways for commuting into Dallas.
Utilities are already in place, with water and electric connected. Water service is listed as public, and sewer is provided by an aerobic septic system. The setting includes mature trees and a waterfront backdrop that supports year-round outdoor enjoyment.
The property is positioned in Rockwall County with access to nearby Rockwall and Royse City, as well as Lake Ray Hubbard, shopping, entertainment, dining, and major highways for commuting into Dallas.
Key Highlights
- 2.5‑acre improved waterfront lot with canal access
- Pond connects directly to a soil conservation reservoir for reliable water flow
- Utilities include water and electric already connected
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
13
Businesses Nearby
Explore this area
Business Placement
Demographics for 75032, TX
34,590
Population
13,453
Households
2.6
Avg Household Size
40
Median Age
50%
College-Educated
95%
High-School Grad
48.1 sq mi
ZIP Area
719
Density / Sq Mi
$128,465
Median Household Income
$60,480
Median Earnings
$1,918
Median Rent
$462,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 2.5-acre improved waterfront lot with canal access, pond and reservoir views, with public water and water and electric connected.
Where is this waterfront land located?
The property is located at 501 Smith Road Rockwall, TX.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: 2.5‑acre improved waterfront lot with canal access; Pond connects directly to a soil conservation reservoir for reliable water flow; Utilities include water and electric already connected
