6458 Tx-276 Royse City, TX 75189
This exceptional Class A boat and RV storage facility, located at 6458 TX-276 in Royse City, Texas, boasts 134,374 square feet of net rentable space across 187 units. Built in 2022, the property sits on a 15.1-acre lot, with 7.6 acres currently developed. Currently operating at 75% occupancy, the facility is experiencing strong leasing activity, averaging over 10 new units per month since opening. The property's strategic location within a 20-mile radius of Rockwall County and Lake Ray Hubbard ensures a robust tenant base. Significant future expansion opportunities exist, with 7.4 acres of entitled land ready for development. Phase 3 expansion plans are in place, adding a projected 194 units and over 104,000 square feet of additional rentable space. This expansion is poised to generate over $55,000 in additional monthly revenue. This is a rare opportunity to acquire a high-performing, rapidly growing asset with substantial upside potential in a thriving Texas market. The Hunt County location and zip code 75189 provide excellent access to major transportation routes.
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
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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.