New Construction
Address
5400 E Fm 552, Fate, TX
Price
$ 1,499,900
Property Attributes
  • MLS#20564646
  • TypeLand
  • CountyROCKWALL
  • CityFate
  • NeighborhoodLeisure Land
  • Zip75189
  • StyleImproved Land
  • Taxes$ 11517
  • Price$ 1,499,900
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size17.238 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
Property Description

Wonderful opportunity to own 17.238 acres in Rockwall County! This wide open space is less than a half mile from Hwy 66, and perfectly situated in between Rockwall and Royse City. Currently has a 3 bed, 1 bath barndo with tons of garage and storage space attached. There is also a 1 bed, 1 bath separate home with living & kitchen quarters. Towering trees surround a peaceful pond towards the back of the property. There is so much room for expansion to build your dream home, or convert to Commercial and build your business! With 509' of road frontage for maximum exposure. The new Royse City High School is in the works to be built nearby, so visibility is at a premium! Come check out all of the opportunities this acreage has to offer in this growing area! Property is currently unzoned and buyer will need to verify with the City of Fate on uses.

Elementary School
Davis Elementary School
Price History
3/22/2024 Listed $1,499,900

General Features

Development Status City Limits,Unzoned,Utilities Installed,Other
Utilities Co-op Water,Electricity Available,Electricity Connected,Septic
Possession Negotiable
Easements Other
current use Recreational,Residential,Single Family
Restrictions No Known Restriction(s)
School District Royse City ISD
Documents Available Aerial Photo,Survey
Unexempt Taxes 11517
Will Subdivide Subdivided
Property SubType Improved Land
Subdivision Name Leisure Land
Possible Use Agricultural,Barndominium,Commercial,Development,Investment,Mixed Use,Multi-Family,Pasture,Recreational,Residential,Retail,Single Family,Warehouse,See Remarks,Other
Zoning Description Unzoned
Occupant Type Owner
County Rockwall
Property Type Land
HOA Type None
Status Active
Directions From Dallas,head East on I30 into Rockwall. Exit for FM 551,left at light. Continue straight onto S William Crawford,and then onto TX 66. Left onto FM 552. Property will be on the right. SIY
City Fate
Buyer Agent Compensation 3
Elementary School Name Davis
High School Royse City
Street Name Fm 552
Elementary School Davis
Virtual Tour URL Unbranded https://www.propertypanorama.com/instaview/ntreis/20564646
Standard Status Active
Buyer Agent Compensation Type %

Interior Features

Lock Box Type None

Exterior Features

Lot Features Acreage,Agricultural,Few Trees,Lrg. Backyard Grass,Pasture,Tank/ Pond
Other Structures Barn(s),Guest House,Residence,RV/Boat Storage,Storage,Workshop,Workshop w/Electric
Lot Size 10 to < 50 Acres
Frontage Feet 509
Lot Size Area 17.2380
Lot Size Units Acres
Road Frontage Type FM Road
Lot Size Square Feet 750887.2800
Lot Size Acres 17.2380
Road Surface Type Asphalt

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Land Average in 75189

Price
AVG $1.61M
$1.5M
Taxes
AVG $2,625
$11,517
Visits
AVG 173
53
Data Provided by Inside Real Estate®