0 Munson Rd Rockwall, TX 75087
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.