Property summary
This exceptional 21.4-acre parcel, located at the hard corner of Miller and Chiesa Roads in Rowlett, Texas, presents a remarkable investment opportunity. Currently zoned for mixed-use and enjoying an agricultural exemption, this property offers unparalleled versatility for a wide range of development projects, encompassing both commercial and residential uses. Situated in a high-traffic area, its prime location benefits from proximity to major thoroughfares, including easy access to George Bush Turnpike and I-30 (both under 5 minutes away). The property's desirability is further enhanced by its location in a rapidly growing area of Rowlett, a lakeside community with a median household income of $103,627 (source: City of Rowlett Economic Development Department). The ongoing widening of Chiesa Road adds significant value, making this an even more attractive location for development. Furthermore, its close proximity to Lake Ray Hubbard (walkable distance) and the $1 billion Sapphire Bay mixed-use development (under 5 minutes away) provides exceptional lifestyle amenities and synergistic development potential. New homes are currently being built adjacent to the property, indicating strong market demand. The seller is open to subdividing the land, offering flexibility for various development scenarios. This 932,971 square foot lot represents a truly exceptional opportunity for developers seeking a prime location in a thriving Texas community. The asking price is $8,156,610.
Property profile
VerifiedCap rate & NOI
Current use
-
Construction Company General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.