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Days54Days on Market
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$2,490,000

$2,799,000

505 County Line Rd, Rockwall, TX, 75032

On MarketInfo
CommercialInfo
Price DropInfo
Baths1,064 Sq Ft
OfficeOffice
Year BuiltBuilt in 2001

Highlights

Interior

FlooringConcrete, Other

Building Information

Year Built1978
Stories1

Land Information

APN0080-0000-0026-01-04
Land UseResidential
Legal DescriptionA0080 W W FORD, TRACT 26-1, MH LABEL # LOU0030626, SERIAL # KBLASN522448, IMP ONLY
Census Tract040503
Assessed Improvement Value$26,530
Assessment Year2025

About this property

This 4.67-acre property in the City of Rockwall features an existing 6,750-square-foot building and is zoned Commercial (C), a designation designed for high-intensity retail and service development. The zoning supports a diverse array of professional and retail uses, including executive offices, medical clinics, general retail stores, and personal services like hair salons or dry cleaners. By-right allowances extend to health clubs, gyms, and indoor commercial recreation, while restaurants and financial institutions are permitted with specific conditions. Under the current code, all business operations and storage must be conducted within a completely enclosed building. Development standards for this site include a maximum building height of 60 feet, a maximum lot coverage of 60 percent, and a floor area ratio (FAR) of 2:1. The property requires a minimum landscaping area of 20 percent of the total site, with at least half of that landscaping positioned in front of or alongside buildings with street frontage. Specific Use Permits (SUP) may allow for expanded operations such as outdoor commercial amusement, theaters, daycare facilities, or motels. This site offers significant flexibility for investors looking to capitalize on Rockwall’s growth with a high-quality office park, shopping center, or mixed-use facility. If you have additional questions, you are encouraged to contact the City of Rockwall with specific inquiries.

Investor Tools

$0Estimated Mortgage Balance
$267,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$14,940 /month
Positive
Cash Flow Estimate:
$4,980 /month

Interested in this property?

Justin Holland

Legacy & Co. Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$140/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$350
$26,530
2025
N/A
$26,530
$26,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$350
$26,530

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$255,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Rockwall

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505 County Line Rd | Property Details | No Agent List