5400 E Fm 552, Fate, Texas 75189

$1,499,999
List Price
$1,499,999
Price Change
▼ $150,001 1685750203
MLS#
20273313
Status
ACTIVE
Type
Land
County
Rockwall
City
Fate
Subdivision
Leisure Land
Development
Unzoned, Utilities Installed

Property Description

17.5 acres of prime real estate located in Rockwall County and award-winning Royse City ISD. The property has no zoning restrictions, making it ideal for residential or commercial development. In 2022, Royce City was 6th in DFW for annual home closings. This is a growing family friendly area with a new high school coming soon! The spacious barndominium and guest suite make a wonderful permanent home or temporary residence while building your dream home. This site could be developed for residential homesites or other commercial businesses. Royse City recently unanimously approved a bond referendum package to address prospective growth and development bringing full services to the area. The package includes the new high school, a middle school and 3 elementary schools as well as land for future school or district sites. The bond provides funds for technology infrastructure and fixtures and a distribution center along with the new Epps education service center.

Additional Information

Unexempt Taxes
$9,049
HOA
No HOA
Lot Size
750,887
Acres
17.24
Lot Description
Acreage, Brush, Few Trees, Many Trees, Tank/ Pond, Water/Lake View
Subdivided
No
Street Utilities
Asphalt, Cable Available, Dirt, Electricity Available, Electricity Connected, Gravel/Rock, Private Road, Rural Water District, Septic, Underground Utilities
Heating Cooling
Other
Exterior
Dog Run, Kennel, RV Hookup
Road Frontage Desc
FM Road
School District
Royse City Isd
Elementary School
Davis
Middle School
Royse City
High School
Royse City
Possession
Closing/Funding
Number of Stock Tanks
1
Present Use
Manufactured Home, Recreational, Residential, Unimproved
Proposed Use
Agricultural, Cattle, Commercial, Development, Grazing, Horses, Industrial, Investment, Livestock, Manufactured Home, Mini-Storage, Mixed Use, Mobile Home, Multi-Family, Pasture, Recreational, Residential, Retail, Single Family, Subdevelopment, Unimproved, See Remarks
Zoning
No zoning
Possession
Closing/Funding
Ag Exemption
Yes
Restrictions
No Known Restriction(s)
Easements
Electric, Utilities
Community Features
Perimeter Fencing

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Kelly Mcconn from HomeSmart Stars. Contact: 972-798-5333