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$2,995,000 Just Listed
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Property Description
Lots of options....#1) PURCHASE ALL 12. ACRES & keep in AG Exemption as an investment or to build a single 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.
Full Property Details
Full Property Details for 550 Hance Trail
General
- Price: $2,995,000
- Taxes: $936
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21222902
- Updated: 4/7/2026
- Added to Site: 6 day(s) ago
Location
- County: Rockwall
- Subdivision: Wruster*
- Driving Directions: Address has changed - enter 550 E Quail Run Rd into GPS to locate property.
School Information
- Elem School District: Rockwall ISD
- Midd School District: Rockwall ISD
- High School District: Rockwall ISD
- Elementary School: Nebbie Williams
- Middle School: JW Williams
- High School: Rockwall
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Utility Description: Electricity Available, Other
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Unimproved, Vacant
Lot Features
- Property View: Water
- Lot Size (Acres): 12.82
- Lot Size (Sq. Ft.): 558,439.2
- Frontage: City Street, All Weather Road, Concrete
- Lot Features: Acreage, Agricultural, Back Yard, Interior Lot, Irregular Lot, Lawn, Pond on Lot, Subdivided, Few Trees, Waterfront, City Lot
- Development Status: Streets Installed, Zoned
- Potential Use: Agricultural, Cattle, Development, Horses, Investment, Residential
- Zoning: Single Family SFR
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Lake Front, Waterfront
- Lake Front: Yes
Financial Considerations
- Tax Amount: $936
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: L L LEONARD, LOT 1, ACRES 5.165, (PT OF 13.17
- Property ID: 19470
- Lot Number: 1
Listed by Keller Williams Rockwall, Rod Holland
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Price & Sales History for 550 Hance Trail
Date
Details
Price
Change
Source
4/03/2026
Listed
$2,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 550 Hance Trail
550 Hance Trail, Rockwall, TX 75087 (MLS# 21222902) is a Lots/Land property with a lot size of 12.82 acres. 550 Hance Trail is currently listed for $2,995,000 and was received on April 03, 2026. Want to learn more about 550 Hance Trail? Do you have questions about finding other Lots/Land real estate for sale in Rockwall? You can browse all Rockwall real estate or contact a Coldwell Banker agent to request more information.

