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Industrial Land with Utilities
New
For Sale
$459,000

196 Fm 1138, Fate, TX 75189

LAND - Fate, TX

Property SizeContact for details
Lot Size3.00 Acres
Days on Market3

Property Features for 196 Fm 1138

General Information

Property type Land
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 18 Last Checked: Aug 19 at 10:06AM
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 FM 1138 and State Highway 66 intersection in Fate, Texas. The property includes water, electric service, and a septic tank onsite, supporting future development planning for light industrial or flex-space use.

The tract is outside city limits and is not in a flood zone. More than 20,000 vehicles pass the nearby highway daily, providing exposure along a regional transportation corridor. Surrounding businesses include Exxon, Ponderosa Pet Resort, and Pasturas Los Alazanes.

Key Highlights

  • 3‑acre industrial land tract
  • Near FM 1138 and State Highway 66
  • Over 20,000 vehicles per day

Property Analytics

Current Use

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

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

36
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
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Frequently Asked Questions

What type of property is this?
Industrial land - Three-acre development tract with onsite utilities and light industrial or flex-space suitability outside city limits.
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‑acre industrial land tract; Near FM 1138 and State Highway 66; Over 20,000 vehicles per day
More about this property
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