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    1002 Ridge Rd Rockwall, TX 75087

    For Sale
    Contact for pricing

    0.65 Acres, RO Zoning, Build Your Dream Home

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 0.651-acre lot presents a unique opportunity to build your dream home in the desirable Rockwall, Texas area. Located at 1002 Ridge Road, this property boasts a coveted RO (Residential Office) zoning designation, offering flexibility for future development. The land is situated in Rockwall County, Texas, with a convenient Rockwall address and 75087 zip code. Its precise location is the Northwest corner of Ridge Road and Summit Ridge. The generous lot size provides ample space for a substantial residence and potential landscaping. The property's address is 1002 Ridge Rd, Rockwall, TX 75087. Buyers will appreciate the potential this land offers for creating a custom home in a sought-after Texas community. The latitude and longitude coordinates are 32.9199677 and -96.4611168 respectively. This is a remarkable chance to acquire a sizable residential lot with the added benefit of versatile zoning options. Serious inquiries are encouraged to explore the possibilities this property presents. The property is classified as land with a residential subtype. This is an excellent opportunity for those seeking to build in a prime location.

    Property Features for 1002 Ridge Rd

    General Information

    Property type
    Land
    Lot Size
    28,358 SF

    HighLights

    • 0.651‑acre lot in desirable Rockwall, TX.
    • RO (Residential Office) zoning allows for flexible development.
    • Located at 1002 Ridge Rd, Rockwall, TX 75087 (NW corner of Ridge Rd & Summit Ridge).
    • Ample space for a substantial home and landscaping.
    • Excellent opportunity to build a custom home in a prime location.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rockwall
    County
    Rockwall
    State
    Texas
    Longitude
    -96.4611168
    Latitude
    32.9199677

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    FAQs

    What type of property is this?
    Land - 0.65 Acres, RO Zoning, Build Your Dream Home
    Where is this land located?
    The property is located at 1002 Ridge Rd Rockwall, TX.
    What are key features of this property?
    This property features: 0.651-acre lot in desirable Rockwall, TX.; RO (Residential Office) zoning allows for flexible development.; Located at 1002 Ridge Rd, Rockwall, TX 75087 (NW corner of Ridge Rd & Summit Ridge).
    (972) 961-8532
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    1002 Ridge Rd Rockwall, TX 75087
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