6503 State Highway 66, Royse City, TX 75189

$839,500

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List Price
$839,500
Price Change
▼ $10,500 1785296180
MLS#
21193382
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1971
Acres
1.32
County
Hunt
City
Royse City
Subdivision
NA

Property Description

Exceptional opportunity to acquire this 1.1-acre tract ideally positioned just north of FM-2642 on State Highway 66, with over 200 feet of highway frontage. This high visibility site benefits from a daily traffic count of 10,000+ vehicles, making it a strategic investment within a rapidly expanding community. Just minutes from Buc-ee's, Walmart, Lowes and other major retailers; Royse City's historic Main Street; and the future Royse City Town Center development at I-30 & FM-2642 with highly anticipated anchors. This unincorporated parcel is located outside city limits and the ETJ, with no floodplain, allowing for a wide range of development opportunities. The property includes an income generating, fully leased 7-space food truck court with electric and water connections. There is also a residence which is currently leased as retail (interior photos are from before it was leased). Current income: $6150 monthly, $73,800 annually. This property is positioned for long-term growth and flexible use potential for investors looking to capitalize on this area's explosive expansion. The 2 parcels are in the process of being replatted into a single address and parcel, will not sell separately. Subdivided listing: Main Commercial Listing MLS#21187569.

Additional Information

Unexempt Taxes
$4,024
Lot Size
57,499
Lot Description
Irregular Lot, Level, Few Trees
School District
Royse City Isd
Elementary School
Sara Moss
Middle School
Ouida Baley
High School
Royse City
Proposed Use
Commercial, Other, Residential, Retail
Possession
CloseOfEscrow, SubjectToTenantRights

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Calculator source: Real Geeks

Listing courtesy of Lorilee Huston from Coldwell Banker Apex, REALTORS. Contact: 214-697-0145