0 Farm To Market 548 Royse City, TX 75189
This exceptional 90.7-acre land parcel presents a remarkable opportunity for residential development in the rapidly growing Royse City, Texas. Situated in Rockwall County, with a 75189 zip code, this ETJ-zoned property offers significant potential. The expansive lot size allows for substantial development, catering to the increasing demand for housing in this thriving area. Its strategic location along Farm to Market 548 provides excellent accessibility and visibility. The surrounding area boasts several established and burgeoning residential communities, including the notable Waterscape development, a 1,110-home community nearby, underscoring the strong existing and projected residential growth in the immediate vicinity. This property's size and location make it an ideal investment for developers seeking to capitalize on the robust housing market in Royse City. The property's coordinates are 32.93593109645285 latitude and -96.33692879953963 longitude. This presents a unique chance to build a significant residential project in a high-demand area. The property is classified as residential land and offers substantial potential for future development. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.