Listing provided courtesy of Coldwell Banker Apex, REALTORS- MLS# 21193382MLS ProviderContact Information: Lorilee Huston - 214-697-0145

6503 State Highway 66Royse City, TX 75189

Vacant Land · 1.32 Acres
$850,000 Active

6503 State Highway 66 Overview

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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.

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6503 State Highway 66 Facts & Features

  • Type Vacant Land
  • Lot 1.32 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Royse City ISD
  • Elementary School: Sara Moss
  • Middle Or Junior School: Ouida Baley
  • High School: Royse City

Building Information

  • Year Built: 1971

Business Information

  • Current Use: Commercial,Other,Retail

Location/Region

  • Country: US
  • County Or Parish: Hunt
  • Postal City: FATE
  • Subdivision Name: NA

Community/Development

  • Development Status: Other

Tax Information

  • Tax Annual Amount: 4024.0

General Information

  • Exclusions: Shipping container will be removed. Tenant's personal property, decor and both refrigerators. Porta-potty leased through U-RENT-IT.
  • Parcel Number: 32865
  • Possible Use: Commercial,Other,Residential,Retail
  • Property Sub Type: Retail
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Lot Features: Acreage,Irregular Lot,Level,Few Trees
    • Lot Size Acres: 1.32
    • Lot Size Area: 1.32
    • Lot Size Source: See Remarks
    • Lot Size Square Feet: 57499.2
    • Lot Size Units: Acres
    • Water Source: Public

    Waterfront/View

    • Waterfront: No

    General Information

    • Road Frontage Type: Highway
    • Sewer: Septic Tank
    • Utilities: Electricity Connected,Propane,Overhead Utilities,Septic Available,Separate Meters,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    6503 State Highway 66 Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    6503 State Highway 66 Market Data

    Based on the last 30 days in this zip code

    $414,265
    Average List Price
    $178
    Average Price per Square Foot
    78
    Properties Sold
    279
    Average Days on Market
    1,094
    Properties for Sale
    Calculations provided by Reliance Network


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