0 Hidden Creek Dr, Royse City, TX 75189
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.
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.