0 Tx-66 Royse City, TX 75189
This exceptional 65-acre tract presents a unique investment opportunity in the rapidly expanding Royse City, Texas area. Situated at the highly visible corner of State Highway 66 and FM 1031, this property boasts over 1,300 feet of valuable highway frontage and dual access points. Its location outside city limits offers flexibility for various development options, while the availability of city water and city sewer utilities simplifies the development process. The property's strategic position benefits from proximity to significant future developments, including a new Collin College campus with an anticipated enrollment of approximately 58,805 students and the new Royse City Police Station, both located directly across the street. This prime location ensures high visibility and accessibility, making it ideal for a wide range of commercial, residential, or agricultural ventures. The substantial lot size and convenient access to utilities make this a rare and highly desirable property in a thriving community. This is a remarkable opportunity 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
Similar Nearby for Sale
Similar Nearby for Lease
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.