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    7811 Fm 35 Royse City, TX 75189

    For Sale
    $1,680,000

    21-acre property with home, ponds, and development opportunities.

    Lot size:
    21.11 Acres

    Property Features for 7811 Fm 35

    General Information

    Lot size
    21.11 Acres

    Building Details

    Year built
    1965

    Source: Crowell Real Estate Agent Scott Crowell

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Picturesque Acreage with Development Potential

    This 21-acre property offers a private retreat with a home, multiple ponds, and scattered trees. The land is suitable for outdoor living and presents opportunities for future development. It offers flexibility for a personal piece of paradise, a family compound, or an investment. The property features ample road frontage and existing utilities, making it suitable for sub-dividing. The land is currently designated as agricultural and may potentially be used for commercial purposes. The property is located outside city limits and has a low tax rate of approximately 1.77.
    Location Intelligence

    Current Use by Public Records

    Agricultural land

    Suggested Use

    Realty agency Law Firm Auto Repair Shop Hotel & Motel Kitchen & Bath HVAC Service Storage Facility Electrical Service Bed & Breakfast Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.2778929
    Latitude
    32.9483637

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    FAQs

    What type of property is this?
    Land - 21-acre property with home, ponds, and development opportunities.
    Where is this land located?
    The property is located at 7811 Fm 35 Royse City, TX.
    What is the asking price?
    The asking price for this property is $1,680,000.
    What are key features of this property?
    This property features: - 21 Acres of Land: Offers privacy with multiple ponds and scattering trees, with potential for outdoor living.; - Development Potential: Ideal for sub-dividing with ample road frontage and utilities in place.; - Flexible Options: Suitable for a personal retreat, family compound, or investment opportunity.
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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
    7811 Fm 35 Royse City, TX 75189
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