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    712 Cook St Royse City, TX 75189

    For Sale
    Contact for pricing

    Prime 5-acre residential lot, excellent development potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 5-acre property presents a remarkable opportunity for residential development or investment in the thriving Royse City area, located at 712 E Cook St, Royse City, Texas, 75189. Situated in Collin County, this land boasts approximately 275 feet of road frontage on Highway Six, offering significant visibility and accessibility. The property is zoned residential, with future commercial use intended by the city of Josephine, providing flexibility for various development plans. Utilities are readily available, with water and electric services nearby. A septic system will be required. This location offers a compelling investment prospect, particularly given the numerous ongoing developments in the immediate vicinity. Furthermore, an additional approximately 24 acres of contiguous land are also available for purchase, presenting an ideal opportunity for larger-scale projects. This prime location and the potential for expansion make this a truly exceptional offering for discerning investors and developers seeking a strategic foothold in a rapidly growing market. The property's location provides easy access to major roadways and amenities, making it an attractive option for a variety of residential projects. This is a rare opportunity to acquire a substantial parcel of land in a desirable location with significant development potential.

    Property Features for 712 Cook St

    General Information

    Property type
    Land
    Lot Size
    217,800 SF

    HighLights

    • ±5‑acre residential development site in Royse City, TX.
    • ±275 feet of highway frontage on Hwy Six.
    • Water and electric available; septic system required.
    • Residential zoning with potential for future commercial use.
    • Adjacent ±24 acres also available for purchase.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Wholesale Shop Clothing Store Department Store Skin Care Clinic Kitchen & Bath Storage Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Collin
    State
    Texas
    Longitude
    -96.298033562315
    Latitude
    33.062495211367

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    FAQs

    What type of property is this?
    Land - Prime 5-acre residential lot, excellent development potential.
    Where is this land located?
    The property is located at 712 Cook St Royse City, TX.
    What are key features of this property?
    This property features: ±5-acre residential development site in Royse City, TX.; ±275 feet of highway frontage on Hwy Six.; Water and electric available; septic system required.
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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
    712 Cook St Royse City, TX 75189
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