113 Cook St Royse City, TX 75189
- Retail properties
- 0.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 113 Cook St
- Year built
- 1955
- Lot size
- 0.50 lot acres
- Property type
- Retail properties
- Property subtype
- Land
Description
This exceptional 0.5-acre commercial property in Royse City, Texas, presents a compelling investment opportunity. Located at 113 E Cook St, in Collin County (zip code 75189), this property boasts a prime location, only seven miles from I-30 and seventeen miles from Rockwall and Lake Ray Hubbard. Built in 1955, the existing structure on the site offers potential for conversion into retail or office space, providing immediate income potential or a foundation for new construction. The property is already zoned commercial, eliminating pre-development hurdles. Royse City's remarkable population growth, exceeding 225% between 2020 and 2022, underscores the area's significant economic expansion. This growth is further fueled by planned expansions of FM 6 (Cook St.) and the city's comprehensive development plan. This presents a rare chance to capitalize on the burgeoning commercial sector of a rapidly expanding Texas community. The asking price is $570,000. This is an ideal investment for entrepreneurs seeking to establish a business or investors looking for strong returns in a high-growth market.
Value Estimation
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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
- Collin
- State
- Texas
- Longitude
- -96.3081
- Latitude
- 33.0612
