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Property profile & analytics
OFF-MARKET
Land

212 Old Wagon Rd Royse City, TX 75189

10.3 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Land
Lot 10.3 ac (448,668 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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