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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
    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.
    83 days
    |
    162
    |
    15
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Josh Long 0694673,

    CAPROCK Real Estate Advisors LLC 469-834-8063

    Source: NTREIS,MLS#: 21240758

      Facts & features

      Interior

      Video & virtual tour

      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: 83 days
      • Listing terms: Cash,Conventional,1031 Exchange,Texas Vet,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,487/mo

        Price history

        DateEventPrice
        5/2/2026Price change$3,500,000-12.5%
        Source: NTREIS #21240758 Report a problem
        7/18/2025Listed for sale$3,999,999
        Source: NTREIS #20812315 Report a problem
        2/6/2025Contingent$3,999,999
        Source: NTREIS #20812315 Report a problem
        2/6/2025Pending sale$3,999,999
        Source: Coldwell Banker Apex, Realtors #20812315 Report a problem
        1/9/2025Listed for sale$3,999,999
        Source: NTREIS #20812315 Report a problem
        1/9/2025Listing removed$3,999,999
        Source: Coldwell Banker Apex, Realtors #20640905 Report a problem
        6/13/2024Listed for sale$3,999,999
        Source: NTREIS #20640905 Report a problem

        Public tax history

        YearProperty taxesTax 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

        Getting around

        0 / 100
        Car-Dependent
        25 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        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.

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