Ground-Up Construction in Rockwall

1,587 single-family homes permitted in 2025, and zero units in buildings of five or more. That is down from 1,810 in 2024 but up from 1,602 in 2023, and permitting in buildings of five or more units stopped completely after 336 units in 2023. Rockwall (507 units), Royse City (498), Fate (297), Heath (148) and McLendon-Chisholm (137) each carried real volume in 2025, so a ground-up loan here is underwriting a builder's market, not a one-off custom job.

Up to $5,229.40 per lot on a standard 5/8-inch meter, and it doubles on a 1-inch meter. The City of Rockwall's schedule sets $1,980.19 for water and $3,249.21 for wastewater on a standard single-family connection, $10,458.80 on a 1-inch meter, and as much as $174,313.33 for multi-family or commercial on a 3-inch ultrasonic meter. That schedule is titled the maximum assessable fee: the percentage the city actually collects against that maximum was not published, so budget to the ceiling and confirm the collected figure with the city before you finalize a construction budget.

Because two different businesses are running under one county name. McLendon-Chisholm's 137 permits in 2025 averaged $508,220 of declared construction value per unit against a countywide average of about $313,291, roughly 62% higher, in the city carrying the lowest tax rate in the county. Fate and Royse City, by contrast, averaged around $296,000 per unit on production-scale single-family volume. Underwrite the submarket you are actually building in, not a countywide blend.

Yes, and a PID will not even show up on a tax-rate table. Seven municipal utility districts overlay parts of the county, with 2025 rates per $100 of value running as high as 1.000 for MUD #10 and Poetry Road MUD and down to 0.155 for MUD #1, on top of the base city and school tax stack. Public improvement districts are a separate assessment lien entirely: the City of Fate's own tax estimator warns it does not include PID charges, and no named PID or its assessment amount was found for this file. Check the parcel against the Rockwall Central Appraisal District account before you underwrite carry on a specific lot.

Almost none, and that is a structural fact, not a market cycle. Rockwall County is the smallest county in Texas by area, a good part of that area is Lake Ray Hubbard, and very little unincorporated land remains, so nearly every buildable lot sits inside a city's own code. Inside the City of Rockwall specifically, an infill build within 500 feet of an established subdivision of five or more lots that is at least 90% developed and over ten years old triggers a discretionary Specific Use Permit rather than a by-right permit, which is a real timeline variable to build into an infill construction loan.

No fee schedule for any of those four cities has been located. The City of Rockwall publishes a water and wastewater impact fee schedule, but no equivalent schedule was found for Fate, Royse City, Heath, or McLendon-Chisholm, and no roadway impact fee was found in any Rockwall County city. That absence is not confirmation those cities charge nothing: confirm directly with the city and the local utility district before you finalize a construction budget on a lot outside Rockwall proper.

We fund new construction up to 70% of value and up to 85% of total cost (land plus build), in most states, on loans up to $5M. Experienced builders reach the higher end of leverage. We finance both the lot and the vertical construction within those caps.

Yes. Lot acquisition is funded as part of your loan-to-cost. If you already own the lot, that equity can serve as your down payment, which often lets us fund most or all of the build cost.

Construction funds are released in draws as milestones are completed and verified, not handed over at closing. You submit your budget and scope of work up front, complete a phase, request a draw, and we release that portion after inspection. You pay interest on funds as they are drawn.

Our construction pricing starts around 10%, interest-only, on terms of 12 to 24 months. Market ground-up rates generally run 9% to 12% with 1 to 3 points. Your pricing and leverage depend on your build experience and the strength of the project.

We consider builders at all levels, though a track record helps your leverage and rate. A first-time builder should expect to bring a strong general contractor, a detailed budget, and typically a larger equity contribution. A well-documented project goes a long way.

The lot cost or current value, your construction budget and scope of work, the projected after-built value, and your build experience. With those we can size the loan against both cost and completed value and send you terms.