Exceptional 62.09-acre tract located in the highly sought-after Rockwall ISD, offering a premier opportunity for an equine ranch estate or the development of a luxury estate community. Positioned along Dowell Road, the property benefits from a 12-inch water line and electricity available at the site, supporting efficient and cost-effective development.
The land features expansive country views and stunning sunset backdrops, creating an ideal setting for high-end residential use while maintaining convenient access to nearby retail, dining, and major thoroughfares.
Two additional 2.14-acre tracts are also available, presenting a rare opportunity for expansion, investment, or the creation of a multi-generational estate. Surrounded by established one-acre residential communities, the area demonstrates strong demand for estate-style living. Dowell Road is well known for its 5–10 acre ranchette properties, further reinforcing the long-term desirability and value of this location.
Lot/land
Price cut: $500K (5/2)
$3,500,000
1868 Dowell Rd, Rockwall, TX 75032
--beds
--baths
62.9Acres
Improved Land
Built in 1985
62.9 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Expansive country viewsStunning sunset backdropsPositioned along rowell road
- 37 days |
- 195 |
- 16 |
Zillow last checked:
Listing updated:
Listed by:
Josh Long 0694673,
Caprock RE Advisors LLC 469-834-8063
Source: NTREIS,MLS#: 21240758
Facts & features
Property
Lot
- Size: 62.9 Acres
- Features: Acreage, Agricultural, Level, City Lot
Details
- Parcel number: 000000027011
- Zoning description: AGRICULTURAL
- Horses can be raised: Yes
Utilities & green energy
- Water: Community/Coop
- Utilities for property: Electricity Available, Water Available
Community & HOA
Community
- Subdivision: NONE
HOA
- Has HOA: No
Location
- Region: Rockwall
Financial & listing details
- Tax assessed value: $152,329
- Annual tax amount: $2,008
- Date on market: 5/2/2026
- Cumulative days on market: 38 days
- Listing terms: Cash,Conventional,1031 Exchange,Texas Vet,VA Loan
- Electric utility on property: Yes
Estimated market value
Not available
Estimated sales range
Not available
$2,487/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/2/2026 | Price change | $3,500,000-12.5% |
Source: NTREIS #21240758 Report a problem | ||
| 7/18/2025 | Listed for sale | $3,999,999 |
Source: NTREIS #20812315 Report a problem | ||
| 2/6/2025 | Contingent | $3,999,999 |
Source: NTREIS #20812315 Report a problem | ||
| 2/6/2025 | Pending sale | $3,999,999 |
Source:  Coldwell Banker Apex, Realtors #20812315 Report a problem | ||
| 1/9/2025 | Listed for sale | $3,999,999 |
Source: NTREIS #20812315 Report a problem | ||
| 1/9/2025 | Listing removed | $3,999,999 |
Source: Coldwell Banker Apex, Realtors #20640905 Report a problem | ||
| 6/13/2024 | Listed for sale | $3,999,999 |
Source: NTREIS #20640905 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,008 -9.6% | $152,329 +8% |
| 2024 | $2,222 +846.5% | $141,071 +10% |
| 2023 | $235 -46.7% | $128,277 +10% |
| 2022 | $440 +2.3% | $116,653 +10% |
| 2021 | $431 | $106,080 -2.3% |
| 2020 | -- | $108,610 -1.6% |
| 2019 | -- | $110,390 -2.5% |
| 2018 | $441 -0.1% | $113,240 -11.1% |
| 2017 | $442 -24.6% | $127,350 +21.6% |
| 2016 | $586 | $104,720 -2.4% |
| 2015 | $586 | $107,310 -1.4% |
| 2014 | $586 | $108,820 +2.5% |
| 2013 | -- | $106,190 +3.2% |
| 2012 | -- | $102,940 -1% |
| 2011 | -- | $103,970 +4.1% |
| 2010 | -- | $99,890 -2% |
| 2009 | -- | $101,940 -1% |
| 2008 | -- | $102,970 +0% |
| 2006 | -- | $102,950 +1.8% |
| 2005 | -- | $101,110 |
| 2004 | -- | $101,110 +6.9% |
| 2003 | -- | $94,600 |
| 2002 | -- | $94,600 +2.2% |
| 2001 | -- | $92,540 |
Find assessor info on the county website
Monthly payment
Estimated monthly payment$1,822
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 75032
Nearby schools
GreatSchools rating
- 9/10Sharon Shannon Elementary SchoolGrades: PK-6Distance: 2.1 mi
- 7/10Maurine Cain Middle SchoolGrades: 7-8Distance: 3.6 mi
- 7/10Rockwall-Heath High SchoolGrades: 9-12Distance: 5.7 mi
Schools provided by the listing agent
- Elementary: Sharon Shannon
- Middle: Cain
- High: Rockwall-Heath
- District: Rockwall ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- Rockwall County
- Rockwall
- 75032
- 1868 Dowell Rd
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