550 Hance, Rockwall, Texas

Description

Lots of options....#1) PURCHASE ALL 12.6 ACRES & keep in AG Exemption as an investment or to build one residence. #2) Could be a DEVELOPMENT,

(buyer would have to take it thru the City for approval), #3) Divide into TWO 6.3AC parcels that could remain in AG Exemption (except the part you take out to build a home on). #4) Current Owner is working with the city to PLAT into FOUR 3+AC homesites and once approved will offer these 3+AC homesite for $795K each. A buyer could contract a homesite fully contingent upon City Approval. If current owner gets the 4 homesite Plat approved there would be deed restriciton in place that are still yet to be determined but more than likely min Sq footage would be 3500SF to 4000SF min. Shops or Barns would be allowed (per city reqirements & code). There is a rendering in photos that show what this could look like but is just an approx rendering, not exactly what would be approved. Contact agent for more detials. Utilities Gas, Water, Elect appear to be nearby, buyer to verify.

Directions: Address has changed - enter 550 E Quail Run Rd into GPS to locate property.