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Industrial Land Near Highway Intersection
For Sale
$459,000

196 Fm 1138, Fate, TX 75189

CommercialSale, Fate, TX

Property SizeContact for details
Lot Size3.00 Acres
Days on Market19

Property Features for 196 Fm 1138

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Subdivision Leisure Land
Lot features Acreage, Cleared, Interior Lot, Few Trees
Directions Please follow GPS.
Standard status Active
APN 000000018590
Lot size 3.00 Acres

Taxes and HOA fees

Tax Description LEISURE LAND, BLOCK C, LOT 5A, ACRES 3
Tax Annual Amount 2717
Legal Description LEISURE LAND, BLOCK C, LOT 5A, ACRES 3

Utilities

Sewer type Septic Tank

Building Details

Floors in Building 1
Number of units 1
Listing Agency: Keller Williams Rockwall · Keller Williams Realty
Listed By: Rod Holland · License #0361507
Added: Aug 17 Changed: Aug 19 Last Checked: Sep 4 at 5:06PM
MLS# 21361934

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3-acre industrial land tract is positioned near the intersection of FM 1138 and State Highway 66 in Fate, Texas. The property lies outside city limits and is not in a flood zone, with water, electric, and septic infrastructure on site.

Traffic exposure is supported by reported vehicle volumes exceeding 20,000 vehicles per day. Nearby retailers include Exxon, Ponderosa Pet Resort, and Pasturas Los Alazanes. The site is identified as suitable for light industrial or flex-space development, providing a defined use direction for future planning.

Key Highlights

  • 3 acres of industrial land near FM 1138 and State Highway 66
  • Over 20,000 vehicles per day reported near the property
  • Water, electric, and septic service available on site

Property Analytics

Current Use

Industrial land

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Bakery Hair Salon Garden Center Storage Facility Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

44
Businesses Nearby

Demographics for 75189, TX

37,777
Population
15,331
Households
2.5
Avg Household Size
34
Median Age
30%
College-Educated
93%
High-School Grad
109.9 sq mi
ZIP Area
344
Density / Sq Mi
$118,105
Median Household Income
$56,979
Median Earnings
$2,133
Median Rent
$336,000
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Development-ready industrial land with water, electric, and septic service available on site.
Where is this industrial land located?
The property is located at 196 Fm 1138 Fate, TX.
What is the asking price?
The asking price for this property is $459,000.
What are key features of this property?
This property features: 3 acres of industrial land near FM 1138 and State Highway 66; Over 20,000 vehicles per day reported near the property; Water, electric, and septic service available on site
More about this property
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