County Rd 678, Royse City, TX, Royse City, TX 75189 - Collin County

8 Acres of Pasture Land with Paved Road Access, Waterline, Electric and a Pond in Royse City, TX (Collin County)

This land is situated in a rapidly developing area of Royse City. The location combines rural charm with investment potential. Ideally located close to a new school and expansive housing developments, its a perfect canvas for a wide variety of use cases.

Property Highlights:

Parcel Size: 8 Acres (min split size is 1 Acre with OSSF)

2 Water Line: With capacity available for a 4-lot residential subdivision

Location: County Rd 678, Royse City, TX (Collin County)

Access: CR 678 is a paved road, minutes from Hwy US 66

Features:

This land supports multiple use cases including: homestead, buy and hold investment, various subdividable land investment types, greenhouse and modern farming applications, commercial and recreational use to name a few.

Currently Ag Exempt with no Zoning Restrictions: Build a single home, subdivide for ranchettes, or plan future developments.

Pond: Perfect for agricultural water retention or simply enjoying peaceful water views.

Subdivision Potential: The property can be subdivided into smaller parcels.

Peaceful Seclusion with Urban Access: Serene countryside location with convenient access to popular North Dallas locations.

Note: There is some scrap metal on the property but it will be completely removed prior to closing.

Why Royse City?

Subdivide for Future Growth: With Royse Citys rapid development, subdividing this land could lead to substantial returns.

Royse City Incentives: Royse City is actively fostering growth through the Royse City Community Development Corporation (CDC), offering business incentives on a case-by-case basis. These may include tax breaks for property development, making this an even more attractive investment.

Strategic Growth Area: Positioned within the thriving Dallas-Fort Worth Metroplex, Royse City benefits from a large workforce and proximity to North Dallas, drawing in businesses and residents alike. With population growth projected to rise by nearly 32% from 2019 to 2024, the demand for infrastructure and services is expected to grow further.

Favorable for Land Development: Royse Citys supportive zoning regulations, economic incentives, and commitment to infrastructure growth create a conducive environment for development projects.

Future-Proof Investment: With the citys population on the rise and supportive development policies in place, investing in land here is poised to yield significant returns in both the short and long term.

Negligible Carrying Costs: Enjoy a significant discount in property taxes related to the qualified agricultural exemption. Keep it as pasture land until you are ready to change its use. 2023 Property Taxes were only $11.78!

Utilities:

2 Water line is present on the property with remaining capacity of 4 additional taps. $2500 per meter

Septic System(s) Required for Residential Use (City Sewer is currently unavailable at this location)

Power Available: $255 application fee then meet provider at the site to determine if additional costs apply. (The adjacent neighbor has power).