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    Munson Rd Rockwall, TX 75087

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    70 Acres, Prime Location, Ag Zoning

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 70.782-acre commercial land parcel presents a unique investment opportunity in Rockwall County, Texas. Situated on Munson Road, this property boasts convenient access to major thoroughfares, including FM 548 (a proposed Outer Loop corridor) and State Highway 276, both within a mile. Its strategic location places it approximately 1.5 miles from the burgeoning Waterscape residential community near Royse City, ensuring strong future growth potential. The land features attractive natural elements, including a small pond at the front and a larger pond centrally located. Currently zoned for Agricultural use ("Ag"), this property benefits from an existing Ag lease and Ag tax exemption, offering immediate income potential. The City of Rockwall's Future Land Use Plan designates this area for Medium Density Residential, suggesting significant long-term development possibilities. The property is located within the Rockwall ETJ (Extra Territorial Jurisdiction) and includes deed restrictions. With its prime location, natural beauty, and existing Ag zoning, this acreage offers a compelling investment opportunity for developers and investors alike. The property's proximity to Interstate 30 via SH 276 further enhances its accessibility and desirability. Royse City Independent School District serves the area. This is a rare chance to acquire a substantial land holding in a rapidly growing area of Rockwall County.

    Property Features for 0 Munson Rd

    General Information

    Property type
    Land
    Lot Size
    3,083,264 SF

    HighLights

    • 70.782‑acre commercial land parcel on Munson Rd, Rockwall County, TX.
    • Prime location near the developing Waterscape community in Royse City (approx. 1.5 miles).
    • Excellent access to FM 548 (proposed Outer Loop), SH 276, and I‑30.
    • Located in Rockwall ETJ, zoned Ag with Medium Density Residential future land use designation.
    • Served by Royse City ISD.
    • Existing Ag lease and tax exemption provide immediate income.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4560485
    Latitude
    32.9279727

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    FAQs

    What type of property is this?
    Land - 70 Acres, Prime Location, Ag Zoning
    Where is this land located?
    The property is located at Munson Rd Rockwall, TX.
    What are key features of this property?
    This property features: 70.782-acre commercial land parcel on Munson Rd, Rockwall County, TX.; Prime location near the developing Waterscape community in Royse City (approx. 1.5 miles).; Excellent access to FM 548 (proposed Outer Loop), SH 276, and I-30.
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    Munson Rd Rockwall, TX 75087
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    Rockwall, TX 75087
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Munson Rd Rockwall, TX 75087
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