Updated Live-Work
For Sale
$494,500
2021 Sunny, Rockwall, TX 75032
Flexible residential property with ancillary business potential, multiple living areas, and a dual-island kitchen.
Property Size2,764 SF
Lot Size0.80 Acres
Price / SF$178.91
Days on Market47
Property Features for 2021 Sunny
General Information
Standard status
Active
Size
2,764 SF
Total Parking Spaces
2
Lot size
0.80 Acres
Property subtype
Business
Building Details
Building Size
2,764 SF
Year Built
1999
Buildings
1
Listing Agency:
Anita Barham Realty
Listed By:
Janet Bowyer
(214) 770-1063
Source:
Regalrealtors
Added: Sep 20
Changed: Oct 31
Last Checked: Nov 4 at 10:11PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Anita Barham Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This updated live-work property combines a residential layout with space that may support ancillary business activity, subject to recorded deed restrictions and applicable requirements. The 2,764-square-foot property includes 5 bedrooms, 3 baths, two living areas, flexible-use rooms, and a kitchen with two islands. A side-entry 2-car garage and additional parking support household and business needs.
Set on .80 acres at 2021 Sunny Circle in Rockwall, the property is located outside Rockwall city limits and offers access to area amenities and major thoroughfares. The lot may accommodate an additional structure or workshop, subject to restrictions and applicable requirements. Primary use must remain residential, and buyers should independently verify permitted uses, restrictions, and suitability for their intended purpose. The roof was replaced in June 2026.
Set on .80 acres at 2021 Sunny Circle in Rockwall, the property is located outside Rockwall city limits and offers access to area amenities and major thoroughfares. The lot may accommodate an additional structure or workshop, subject to restrictions and applicable requirements. Primary use must remain residential, and buyers should independently verify permitted uses, restrictions, and suitability for their intended purpose. The roof was replaced in June 2026.
Key Highlights
- 2,764 SF property on .80 acres
- 5 bedrooms and 3 baths with two living areas
- Dual‑island kitchen and flexible‑use spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,607
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,140
$572.1K
Cap Rate 7%
$408,671
$408.7K
Cap Rate 9%
$317,856
$317.9K
Market Conditions
NOI Build-Up for 2,764 SF
Gross rent
$49.8K $18.00/SF
− Vacancy
−$4.0K −$1.44/SF
EGI
$45.8K $16.56/SF
− OpEx
−$17.2K −$6.21/SF
NOI
$28.6K $10.35/SF
Area
Rockwall County, TX
Vacancy
8.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$572,140
Cap Rate 7%
$408,671
Cap Rate 9%
$317,856
Alternative Uses
Best Use
Office B
$660.5K
$577.9K – $770.6K
NOI $46,234 @ 7.0% cap · market cap 9.35%
Second Best
Mixed Use
$408.7K
$357.6K – $476.8K
NOI $28,607 @ 7.0% cap · market cap 5.79%
Theoretical Best
Hotel Hospitality
$2.08M
$1.82M – $2.43M
NOI $145,732 @ 7.0% cap · market cap 29.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
129
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Live-work space - Flexible residential property with ancillary business potential, multiple living areas, and a dual-island kitchen.
Where is this live-work space located?
The property is located at 2021 Sunny Rockwall, TX.
What is the asking price?
The asking price for this property is $494,500.
What are key features of this property?
This property features: 2,764 SF property on .80 acres; 5 bedrooms and 3 baths with two living areas; Dual‑island kitchen and flexible‑use spaces
