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    3929 Hickox Rd Rowlett, TX 75089

    Sponsored
    For Sale
    $800,000

    Prime Rowlett land, ideal for development. Multi-family zoning.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    341
    This exceptional 1.89-acre property presents a remarkable investment opportunity in the thriving city of Rowlett, Texas. Situated on a highly visible corner lot, this land boasts unparalleled accessibility and visibility. The property's zoning designation, FB-UN (Form Based Urban Neighborhood), as confirmed by the City of Rowlett, allows for a diverse range of development options. This includes the construction of small apartments, shopfronts, and mixed-use buildings, all strategically positioned on corner lots. Importantly, multi-family (mixed residential) development is explicitly permitted, with buildings up to four stories in height. This presents a significant advantage for investors seeking to capitalize on the growing demand for multi-family housing in the area. The location offers exceptional convenience, with quick and easy access to major transportation arteries including the President George Bush Turnpike (PGBT), I-30, Highway 75, and the Dallas North Tollway. This strategic positioning ensures excellent connectivity and accessibility for residents and businesses alike. The property's prime location and flexible zoning make it an exceptional opportunity for developers and investors seeking to create a thriving and profitable project in a rapidly expanding market. The potential for lucrative returns is significant, given the current market trends and the property's advantageous location.

    Property Features for 3929 Hickox Rd

    General Information

    Property type
    Other commercial real estate
    Lot Size
    82,328 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Building Supply Dental Office Wholesale Shop Gym & Fitness Department Store HVAC Service Discount Store Electronics Store Convenience Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rowlett
    County
    Dallas
    State
    Texas
    Longitude
    -96.56258
    Latitude
    32.93554

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Rowlett land, ideal for development. Multi-family zoning.
    Where is this commercial real estate located?
    The property is located at 3929 Hickox Rd Rowlett, TX.
    What is the asking price?
    The asking price for this property is $800,000.
    Request Owner's contact information
    3929 Hickox Rd Rowlett, TX 75089
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    Rowlett, TX 75089
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3929 Hickox Rd Rowlett, TX 75089
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