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Property profile

0 Hidden Creek Dr Royse City, TX 75189

OFF-MARKET
Land
42.21 ac lot

Property summary

AI-generated overview

This exceptional 42.21-acre parcel of land presents a remarkable opportunity for residential development in the rapidly expanding city of Royse City, Texas. Located on Hiddencreek Dr, within Collin County, and zoned E (Rural Non-ag Land), this property offers significant potential for a substantial residential project. The APN numbers are 2601508 and 2601509. The property's size allows for the creation of approximately 126 individual lots, catering to the growing demand for housing in this thriving area. The seller is offering a significant incentive: a $700,000 credit towards the necessary sewer upgrades, substantially reducing the initial investment costs and accelerating the development timeline. This credit significantly enhances the financial viability of the project. The property's location in Royse City, TX, zip code 75189, provides easy access to major transportation routes and amenities, making it an attractive location for future residents. This is a rare opportunity to acquire a large, well-situated residential land tract in a high-growth area of Texas. The coordinates are 32.99029 latitude and -96.33259 longitude. Don't miss this chance to capitalize on the burgeoning Royse City real estate market.

Property profile

Verified
Property type Land
Lot 42.21 ac (1,838,668 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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