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    212 Old Wagon Rd Royse City, TX 75189

    For Sale
    Contact for pricing

    10.3 Acres, Multi-Use Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This exceptional 10.3-acre tract presents a unique investment opportunity in Royse City, Texas. Strategically located just outside city limits, this property boasts convenient access to Farm to Market Road 548, situated between State Highway 205 and State Highway 276, experiencing over 5,000 vehicles daily. The land is zoned for agricultural, commercial, and industrial uses, offering considerable flexibility for development. Two existing structures are on the property, along with a pond, and all utilities are readily available on-site. Importantly, this property is located outside any designated flood zones, mitigating risk and ensuring secure development. The high traffic count and versatile zoning make this a prime location for a variety of commercial or industrial ventures, capitalizing on the growth of the Royse City community. The property's size and features make it suitable for a range of projects, from light industrial to agricultural operations, or even a mixed-use development. The absence of existing zoning restrictions allows for creative and adaptable planning. This 10.3-acre parcel in Rockwall County, Texas, with its convenient location, existing infrastructure, and flood-free status, represents a compelling investment opportunity in a thriving area. The APN numbers are 15706, 15707, and 15707. The property's address is 212 Old Wagon Road, Royse City, TX 75189.

    Property Features for 212 Old Wagon Rd

    General Information

    Property type
    Farms
    Lot Size
    448,668 SF

    HighLights

    • 10.30‑acre land parcel available for sale.
    • Unincorporated location.
    • All utilities available; no flood plain.
    • Conveniently located off FM 548.
    • Situated between SH‑276 and SH‑205.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Garden Center Pet Store Pet Supply Store Locksmith

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

    Location Insight

    • Map
    • Local Demand
    City
    Royse City
    County
    Rockwall
    State
    Texas
    Longitude
    -96.311245942353
    Latitude
    32.862381277291

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    FAQs

    What type of property is this?
    Farm - 10.3 Acres, Multi-Use Potential
    Where is this farm located?
    The property is located at 212 Old Wagon Rd Royse City, TX.
    What are key features of this property?
    This property features: 10.30-acre land parcel available for sale.; Unincorporated location.; All utilities available; no flood plain.
    Request Owner's contact information
    212 Old Wagon Rd Royse City, TX 75189
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    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
    212 Old Wagon Rd Royse City, TX 75189
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