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Property Description

Prime mixed use development opportunity in Downtown Fate, TX. Property offered for 2.5M with seller also open to a potential development partnership with a qualified builder or developer. Under a partnership structure, seller's contribution would be the land, with builder or developer responsible for development and construction investment, subject to mutually agreed upon terms.
Plans have been developed for a mixed use project featuring ground floor retail with residential apartments above. Seller represents that permits for the proposed development have already been approved by the City of Fate.
Excellent opportunity to acquire the property outright or partner with the landowner to bring an already planned Downtown Fate project to life. Contact listing agent for plans, permit information and partnership details. Buyer and buyer's agent to independently verify zoning, permits, approvals, development requirements, utilities and all information.

Overview

Property Status
For Sale
Lot Size
1.07 Acres
MLS ID
21382861
Property Type
Land

Features & Amenities

Neighborhood
Rockwall
Utilities
None
Lot Features
Acreage, Corner Lot
Elementary School
Vernon
Middle School
Bobby Summers
High School
Royse City
School District
Royse City ISD
Sales Price
$2,500,000
Real Estate Tax
$7,911/yr

Downloads

Vacant lot at a street intersection, bordered by homes, trees, and utility poles.

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

Thank you

for your interest in 200 E Fate Main Place, Fate, TX 75132

200 E Fate Main Place
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Wooden pedestrian bridge over a pond in a sunny park, with trees and grassy slopes.

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Aerial view of 200 E Fate Main Place, marked beside roads and nearby homes and businesses.
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200 E Fate Main Place

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