43.3 Acres in Rockwall, TX - $6,000,000

High Gate Equestrian Facility

This is a large, premier equestrian training facility 23 miles from downtown Dallas that doubles as a future residential development opportunity within the Rockwall city limits.

Improvements:

55,000 SF indoor riding arena (185 x 300) with two 30 wide doors at each end and multiple 20 doors on the sides. A misting system provides temperature moderation, humidity and a dust free working environment.

12 double-size stallion and broodmare stalls, 5 wash stalls, stocks and a clinic

Lounge with full bath, office and lavatory

Air-conditioned tack, harness and carriage rooms

2 barns with 45 stalls in total

Paddocks

2 office buildings of approximately 4,000 SF each

6,319 SF main house built in 1995 (4 bedroom, 3.5 bath, 4 car garage)

1,450 SF managers house, built in 2001

1,568 SF caretakers house

Concrete main driveway with front entry

Stables and equestrian facilities provide a $7,500 monthl...

Stables and equestrian facilities provide a $7,500 monthly income stream.

Location:

The intersection of Hwy 205 and FM 549, at 5565 South FM 549 Rockwall, TX 75032.

23 miles from downtown Dallas

5 miles from I-30

3 miles from Lake Ray Hubbard

Per the 2019 Rockwall Future Thoroughfare Plan, Hwy 205 is a planned principal arterial, 6 lane road (2,700+/- feet of frontage) and Hwy 549 is a planned minor arterial, 6 lane divided road (800+/- feet of frontage).

The property also has access from Wylie Road.

Development and Property Notes:

Zoning Agricultural

Schools Rockwall ISD, Maurine Cain Middle School, Dorothy Smith Pullen Elementary

Utilities:

Electric on site

City Water on site

Sewer approximately .5 miles from the property

The information contained herein has been gathered from sources deemed reliable; however, Republic Ranches, LLC and its principals, members, officers, associates, agents and employees cannot guarantee the accuracy of such information. The information contained herein is subject to changes, errors, omissions, prior sale, withdrawal of property from the market without prior notice, and approval of purchase by owner. Prospective buyers should verify all information to their satisfaction. No representation is made as to the possible value of this investment or type of use, and prospective buyers are urged to consult with their tax and legal advisors before making a final determination.

Real Estate buyers are hereby notified that real properties and its rights and amenities in the States of Texas; Oklahoma; Colorado; Louisiana; Arkansas; and New Mexico are subject to many forces and impacts whether natural, those caused by man, or otherwise; including, but not limited to, drought or other weather related events, disease (e.g. Oak Wilt, Anthrax, Chronic Wasting Disease), invasive species, illegal trespassing, previous owner actions, neighbor actions and government actions. Prospective buyers of Texas real estate, New Mexico real estate, Colorado real estate, Oklahoma real estate, Arkansas Real Estate, or Louisiana real estate should investigate any concerns regarding a specific real property to their satisfaction.

When buying investment property the buyer's agent, if applicable, must be identified on first contact and must be present at initial showing of the property listing to the prospective real estate investor in order to participate in real estate commission. If this condition is not met, fee participation will be at sole discretion of Republic Ranches, LLC.

Republic Ranches, LLC reserves the right to require any or all interested buyer(s) of a particular property to provide proof of financial ability to purchase said property prior to the initial showing or any subsequent showing of the property. Republic Ranches, LLC also reserves the right to refuse to show a property to a potential buyer for any reason at Republic Ranches, LLC's sole and absolute discretion.