Location! Location!...This 30.9 acre property offers endless possibilities for commercial and residential ventures, located between Kensington and Kingsbridge estates on State Highway 205. Highly desirable area in Rockwall County with unparalleled development potential that has 700 feet of road frontage visibility. Property also offers a very well maintained 3 bedroom 2.5 bath 3420 sq ft home and salt water pool. In back you will find a 32x32 efficiency apartment along with a 32x32 shop. This would be a great opportunity for a business, investment property, home development or your very own family compound.
Last updated on: 4/27/2024, 2:25:21 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$18.6K
Per Month
Principal & Interest
$18.5K
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$11.2K
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
Elementary School
7
/10
Ouida Springer Elementary School
3025 Limestone Hill Ln
Distance between this listing and this school2.37 miles
Public District Grades PK-6
Middle School
7
/10
Maurine Cain Middle School
6620 Fm 3097
Distance between this listing and this school2.07 miles
Public District Grades 7-8
High School
7
/10
Rockwall - Heath High School
801 Laurence Dr
Distance between this listing and this school3.99 miles
Public District Grades 9-12
Assigned Schools
7
/10
Ouida Springer Elementary School
3025 Limestone Hill Ln
Distance between this listing and this school2.37 miles
Public District Grades PK-6
Nearby Schools
8
/10
Sharon Shannon Elementary School
3130 Fontana Blvd
Distance between this listing and this school2.10 miles
Public District Grades PK-6
7
/10
Dorothy Smith Pullen Elementary School
6492 Fm 3097
Distance between this listing and this school2.22 miles
Public District Grades PK-6
Assigned Schools
7
/10
Maurine Cain Middle School
6620 Fm 3097
Distance between this listing and this school2.07 miles
Public District Grades 7-8
Nearby Schools
7
/10
Herman E. Utley Middle School
1201 T L Townsend Dr
Distance between this listing and this school4.25 miles
Public District Grades 7-8
7
/10
Harry H Herndon
300 Blackland Rd
Distance between this listing and this school5.39 miles
Public District Grades 5-6
Assigned Schools
7
/10
Rockwall - Heath High School
801 Laurence Dr
Distance between this listing and this school3.99 miles
Public District Grades 9-12
Nearby Schools
8
/10
Rockwall High School
901 W Yellowjacket Ln
Distance between this listing and this school3.94 miles
Public District Grades 9-12
5
/10
North Forney High School
6170 N Mason Blvd
Distance between this listing and this school7.05 miles
The neighbors living near this home have an average income of $115,885. Residents of McLendon-Chisholm, TX typically earn between $100k-200k each year. The most common type of family is married, with kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 1997 S State Highway 205
What is the listing price of this property?
The listing price of 1997 S State Highway 205 property is $3,713,490.
What type of property is this?
The property 1997 S State Highway 205 is a house located in Mclendon Chisholm, Texas, 75032.
Is this property for sale now?
Active Listing: 1997 S State Highway 205 is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 1997 S State Highway 205 are: Ouida Springer Elementary School: GreatSchools Rating 7/10Maurine Cain Middle School: GreatSchools Rating 7/10Rockwall - Heath High School: GreatSchools Rating 7/10
How many bedrooms and bathrooms does this property have?
The property at 1997 S State Highway 205 has 3 bedrooms and 3 bathrooms.
What is the square footage of this property?
The property 1997 S State Highway 205 is 3,420 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 1997 S State Highway 205 is 2000.
Interested in 1997 S State Highway 205? Let's connect.
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 1997 S State Highway 205 in Mclendon Chisholm, TX and zip code 75032. This 3,420 square foot home, which was built in 2000, sits on a 30.95 acre lot. Features: 3 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 24, 2024 and is currently priced at $3,713,490.
In March 2024 in McLendon-Chisholm, TX there were 33.3% more homes for sale than in February 2024. In March 2024, listings were on the market for 80 days. During the same period, the median list price in this real estate market was $719,000.
From Rocket Homes Real Estate and based on county public records data.
©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Skiing/snowboarding
Skiing/snowboarding
College Football
PGA/LPGA
BJs Wholesale Club
Best Buy
Stein Mart
Panera
Texas Roadhouse
Cracker Barrel
Infiniti
Ram
Lexus
Adult Hits
Contemporary Christian
Oldies