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    3389 Fm551 Fate, TX 75189

    For Sale
    Contact for pricing

    Prime Texas acreage, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 16-acre property presents a unique investment opportunity in the thriving Royse City area of Rockwall County, Texas. Located at 3389 FM551, zip code 75189, this expansive land parcel is zoned ETJ (Extraterritorial Jurisdiction) of the City of Rockwall. Its strategic location offers easy access to major transportation arteries, including I-30 and Highway 276, ensuring seamless connectivity to the broader Dallas-Fort Worth metroplex. The property is surrounded by established residential communities, indicating strong potential for future development. Furthermore, its proximity to the Rockwall Technology Park suggests significant growth prospects. The land's versatility allows for exploration of various development options, including agricultural, farm, or residential uses, subject to applicable zoning regulations and permits. Detailed information regarding pricing and further specifics is available upon request. This is a rare chance to acquire a substantial land holding in a rapidly developing area with excellent infrastructure and access. Don't miss this opportunity to secure a piece of Texas's vibrant real estate market. Contact us today to learn more.

    Property Features for 3389 Fm551

    General Information

    Property type
    Farms
    Lot Size
    696,960 SF

    HighLights

    • 16‑acre land parcel in Royse City, Rockwall County, TX.
    • Located at 3389 FM551, zip code 75189, zoned ETJ of Rockwall.
    • Excellent access to I‑30 and Hwy 276, near Dallas‑Fort Worth metroplex.
    • Surrounded by residential communities, near Rockwall Technology Park.
    • Versatile land suitable for agricultural, farm, or residential development (subject to zoning).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fate
    County
    Rockwall
    State
    Texas
    Longitude
    -96.369635890183
    Latitude
    32.91418349346

    Nearby Comparable

    • Contact for pricing

      16 Acres Near Rockwall Park

      16 acres with easy access to I-30 and Hwy 276.
      212 Freeman Ln, Royse City, TX 75189
      View Details
    • $635,000
      2 SF

      Highway 276 Commercial Property

      Commercial property on Highway 276 with warehouse and land.
      2038 Sunny Cir, Rockwall, TX 75032
      View Details
    • $489,930
      47,998 SF

      Royse City Warehouse & Land Investment

      Prime Rockwall location, high visibility, development potential.
      111 Green Cir, Royse City, TX 75189
      View Details
    • $1,250,000
      1.50 Acres

      Royse City Business Opportunity

      Business property in Royse City with offices and warehouse space.
      251 Southern Dr, Royse City, TX 75189
      View Details
    • $399,900
      960 SF

      High-Visibility Rockwall Corner Lot

      Prime Retail/Office Land, Existing Residence
      161 Grn Cir, Rockwall, TX 75189
      View Details
    • $399,900
      47 SF

      Hard Corner Land For Sale

      Hard corner lot suitable for office or retail development.
      161 Green Cir, Royse City, TX 75189
      View Details

    Nearby Similar for Sale

    • Contact for pricing
      9,300 SF

      Retail Property in Growing City

      Retail space in a rapidly growing Texas city.
      510 E Crawford Ave, Fate, TX
      View Details
    • $1,500,000
      2,000 SF

      I-30 Commercial Property, Fate, TX

      High-Visibility Business Opportunity in Fate, TX
      6000 Interstate 30, Fate, TX 75189
      View Details

    FAQs

    What type of property is this?
    Farm - Prime Texas acreage, ideal for development.
    Where is this farm located?
    The property is located at 3389 Fm551 Fate, TX.
    What are key features of this property?
    This property features: 16-acre land parcel in Royse City, Rockwall County, TX.; Located at 3389 FM551, zip code 75189, zoned ETJ of Rockwall.; Excellent access to I-30 and Hwy 276, near Dallas-Fort Worth metroplex.
    Request Owner's contact information
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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
    3389 Fm551 Fate, TX 75189
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