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Land with Home for Sale in Rockwall, Texas

2201 E FM 550, Rockwall, TX 75032

$1,575,000
10 acres
Active sale
$35k drop
Est $9,420/mo

Set behind a private gate on approximately 10 acres in Rockwall ISD, this modern estate offers a rare combination of privacy, scale, and proximity to town. Designed for both everyday living and entertaining, the home features an open layout with vaulted ceilings, expansive windows, and abundant natural light throughout. HIGHLIGHTS: Oversized island kitchen with premium appliances and finishes selected to match the scale of the space-built for real use, not just show. Primary living areas flow seamlessly indoors and out, creating an easy connection to multiple outdoor living spaces. OUTDOOR: A sleek contemporary pool and spa with integrated fire and water elements, an in-ground trampoline, fenced artificial turf yard, and generous patios ideal for quiet evenings or large gatherings. Two ponds enhance the setting and privacy, while extensive concrete provides functional access across the property. This is not a price-per-square-foot offering-it's lifestyle arbitrage: an opportunity to acquire land, infrastructure, and design that would be cost-prohibitive and time-intensive to recreate today. SHOP + PARKING: New 4,200 SF insulated steel shop with custom roll-up doors, 6-car carport, and additional covered patio space-perfect for storage, hobbies, recreation, or business use. A rare offering for buyers who value space, function, and long-term value in a location that balances privacy with convenience. Ag exempt!

3,451
Sq feet
4
Beds
3
Full baths
1
1/2 bath
2016
Built

Location

Street address
2201 E FM 550
Zip code
75032
Community
James W Pittman Surv Abs #181
School district
Rockwall ISD
Elevation
538 feet
Coordinates
32.8713, -96.3649

Property details

Acreage
10 acres
MLS #
NTREIS 21136742
Posted

Property taxes

Recent
$16,474

Parcels

  • 000000051568

Legal description

Details and features

Listing

Type
Residential
Subtype
Single Family Residence

Lot

Features
Acreage, Agricultural, Cleared, Few Trees, Pond On Lot

Exterior

Parking
Carport, Driveway, Garage, Gated
Fencing
Fenced, Gate
Pool
Porch
Hot Tub
Yes
Features
Rain Gutters

Structure

Stories
2
Sewer
Aerobic Septic, Septic Tank
Roof
Tile
Windows
Shutters

Interior

Rooms
Bathroom x 4, Bedroom x 4
Appliances
Dishwasher, Disposal, Gas Cooktop, Microwave
Features
Decorative Designer Lighting Fixtures, Eat In Kitchen, Granite Counters, Kitchen Island, Natural Woodwork, Open Floorplan, Pantry, Walk In Closets

Property utilities

CategoryTypeStatus
GasPropaneConnected

Nearby schools

NameTypeDistrict
Sharon ShannonElementaryRockwall ISD
CainMiddleRockwall ISD
Rockwall-HeathHighRockwall ISD

Listing history

DateEventPriceChangeSource
May 23, 2026Price drop$1,575,000$35,000 -2.2%NTREIS
Apr 16, 2026Price drop$1,610,000$65,000 -3.9%NTREIS
Apr 14, 2026Price drop$1,675,000$25,000 -1.5%NTREIS
Mar 7, 2026Price drop$1,700,000$50,000 -2.9%NTREIS
Feb 24, 2026Price drop$1,750,000$50,000 -2.8%NTREIS
Jan 17, 2026New listing$1,800,000NTREIS
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This 10-acre property is located at 2201 E FM 550 in Rockwall, TX 75032. The property is available for sale, priced at $1,575,000. It has a 3,451 square foot 4-bedroom, 3.5-bath house built in 2016.

Listed by Compass RE Texas, (214) 814-8100

Checked 2 hours agoUpdated Source

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