Current Use by Public Records
- Land
Property Details for 0 Elm Grove Rd
- Lot size
- 25.00 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 25-acre property in Royse City, Texas, presents a unique investment opportunity. Located on the corner of Elm Grove Road and Parker Road, this strategically positioned land boasts convenient access, situated just south of Interstate 30. Currently zoned for agricultural use, the property is equipped with readily available city water and sewer utilities, making it ideal for mixed-use development. The site benefits from its location in a rapidly expanding community, with significant nearby development projects underway. These include the upcoming Waterscape development, featuring 1,110 planned homes, a Megatel Homes community, and a proposed Outer Loop connecting Rockwall and Kaufman Counties, passing directly behind the property. This corner lot offers two convenient access points and presents substantial potential for future growth and return on investment in a thriving Texas market. The property's proximity to major roadways and planned infrastructure improvements enhances its long-term value and appeal. This is a rare opportunity to acquire a sizable parcel of land in a high-growth area with existing utilities and excellent accessibility. The agricultural zoning provides flexibility for a variety of development options. The property's location in Rockwall County, Texas, zip code 75189, offers a compelling combination of accessibility and growth potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Royse City
- County
- Rockwall
- State
- Texas
- Longitude
- -96.3432
- Latitude
- 32.9462
