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    501 Pearl St Royse City, TX 75189

    For Sale
    $199,999

    Workshop with electricity, bay doors, and additional lot.

    Lot size:
    0.25 Acres

    Property Features for 501 Pearl St

    General Information

    Lot size
    0.25 Acres

    Building Details

    Year built
    1985

    Source: RE/MAX Landmark Agent Delanee Clark

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

    Overview

    Workshop with Additional Lot

    This property features a spacious workshop equipped with electricity and large bay doors. It is suitable for various crafts, including woodworking and car restoration. An adjacent lot offers possibilities for building a custom home, expanding the workshop, or additional parking. The property is currently zoned as single family residential. Buyers are responsible for due diligence and rezoning if intending to use the property for business purposes.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Law Firm Restaurant Realty agency Hair Salon Dental Office Nail Salon Clothing Store Gym & Fitness Pharmacy Daycare Center

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

    Similar Places Nearby

    Chris Tacos & Catering

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.3618
    Latitude
    32.9603

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    FAQs

    What type of property is this?
    Flex space - Workshop with electricity, bay doors, and additional lot.
    Where is this flex space located?
    The property is located at 501 Pearl St Royse City, TX.
    What is the asking price?
    The asking price for this property is $199,999.
    What are key features of this property?
    This property features: - Spacious workshop equipped with electricity and large bay doors.; - Additional adjacent lot offering possibilities for building, expansion, or parking.; - Ideal for hobbyists, woodworking, car restoration, or similar projects.
    Request Owner's contact information
    501 Pearl St Royse City, TX 75189
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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
    501 Pearl St Royse City, TX 75189
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