6503 State Highway 66, Royse City, TX 75189

$839,500

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List Price
$839,500
Price Change
▼ $10,500 1785296180
MLS#
21187569
Status
ACTIVE
Type
Commercial
Subtype
CommercialSale
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.

Additional Information

Unexempt Taxes
$4,024
Tenant Pays
Other
Lot Size
57,499
Lot Description
Irregular Lot, Level, Few Trees
Flooring
Carpet, Tile, Laminate
Foundation
Slab
Roof
Composition
Building Stories
1
Parking Garage
Paved, Garage Faces Front, Garage, Garage Door Opener, On Site
Proposed Use
Food Service, Other, Retail
Inclusions
Land & Improvements
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

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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