0 Fm 1565, Royse City, TX 75189
Exceptional 55.854-acre land parcel in Royse City, Texas, presents a remarkable development opportunity. Located on FM 1565, this property boasts approximately 0.2 miles of frontage, providing exceptional visibility and convenient access. Its strategic location offers direct access to Highway I-30 within half a mile, ensuring seamless connectivity to major transportation routes. The property is only five miles from the Royse City Growth Corridor, providing proximity to amenities and a thriving business environment. Zoned E3, this land is ideally suited for various development projects, including light industrial and multi-family residential. The expansive lot size allows for significant flexibility in design and construction. This is a concept plan only and is not intended for any approvals. The property's APN is 34745 and is located in Rockwall County, zip code 75189. The asking price is $1,954,750. This represents a unique chance to capitalize on the growth and potential of Royse City.
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
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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.