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5400 E Fm 552, Fate, TX 75189
$1,499,900
5400 E Fm 552, Fate, TX 75189View this property at 5400 E Fm 552, Fate, TX 75189
5400 E Fm 552FateTX75189
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Property Description
Wonderful opportunity to own 17.238 acres in Rockwall County! This wide open space is less than a half mile from Hwy 66, and perfectly situated in between Rockwall and Royse City. Currently has a 3 bed, 1 bath barndo with tons of garage and storage space attached. There is also a 1 bed, 1 bath separate home with living & kitchen quarters. Towering trees surround a peaceful pond towards the back of the property. There is so much room for expansion to build your dream home, or convert to Commercial and build your business! With 509' of road frontage for maximum exposure. The new Royse City High School is in the works to be built nearby, so visibility is at a premium! Come check out all of the opportunities this acreage has to offer in this growing area! Property is currently unzoned and buyer will need to verify with the City of Fate on uses.
Full Property Details
Full Property Details for 5400 E Fm 552
General
- Price: $1,499,900
- Taxes: $11,517
- Status: Active
- Type: Lots/Land
- MLS ID: 20564646
- Updated: 3/22/2024
- Added to Site: 37 day(s) ago
Location
- County: Rockwall
- Subdivision: Leisure Land
- Driving Directions: From Dallas, head East on I30 into Rockwall. Exit for FM 551, left at light. Continue straight onto S William Crawford, and then onto TX 66. Left onto FM 552. Property will be on the right. SIY
School Information
- Elem School District: Royse City ISD
- Midd School District: Royse City ISD
- High School District: Royse City ISD
- Elementary School: Davis
- Middle School: Ouida Baley
- High School: Royse City
Utilities
- Sewer: Septic Tank
- Water: Community/Coop
- Utility Description: Electricity Available, Electricity Connected, Septic Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Residential, Recreational, Single Family
Additional Structures
- Other Structures: Barn(s), Guest House, Residence, RV/Boat Storage, Storage, Workshop
Lot Features
- Lot Size (Acres): 17.238
- Lot Size (Sq. Ft.): 750,887.28
- Frontage: Farm to Market Road, Asphalt
- Lot Features: Acreage, Agricultural, Back Yard, Lawn, Pasture, Pond, Few Trees, City Lot
- Development Status: Other
- Potential Use: Agricultural, Commercial, Development, Investment, Multi-Family, Mixed Use, Other, Pasture, Residential, Recreational, Retail, Single Family, See Remarks, Warehouse
- Zoning: Unzoned
Financial Considerations
- Tax Amount: $11,517
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Special Conditions: Standard
- Documents Avail.: Aerial, Survey
- Legal Description: LEISURE LAND, BLOCK A, LOT 1, 5, 6A & PT OF 2,
- Property ID: 18560
- Block: A
- Lot Number: 1
Listed by Keller Williams Rockwall, Aaron Stokes
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Schools
Schools serving 5400 E Fm 552
School District:Royse City Independent School District
Rating | Name | Grades | Distance |
---|---|---|---|
1500 Fm 1777, Royse City, TX 75189 | PK-5 | 3.6 mi | |
1310 E Highway 66, Royse City, TX 75189 | 6-8 | 3.8 mi | |
700 S Fm 2642, Royse City, TX 75189 | 9-12 | 5.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5400 E Fm 552
Date
Details
Price
Change
Source
3/22/2024
Listed
$1,499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5400 E Fm 552
Year
Property Taxes
Change
Tax Assessment
Change
2021
$7,782
—
$640,642
44%
2021
$7,782
11%
$445,950
21%
2020
$6,995
-11%
$368,240
8%
2018
$7,843
—
$341,000
—
2018
$7,843
28%
$342,560
29%
2017
$6,124
-18%
$264,990
-23%
2019
$7,435
295%
$342,010
325%
2016
$1,882
13%
$80,550
—
2015
$1,664
—
$80,550
—
2014
$1,665
—
$80,610
—
2013
$1,666
—
$80,630
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5400 E Fm 552
5400 E Fm 552, Fate, TX 75189 (MLS# 20564646) is a Lots/Land property with a lot size of 17.238 acres. 5400 E Fm 552 is currently listed for $1,499,900 and was received on March 22, 2024. Want to learn more about 5400 E Fm 552? Do you have questions about finding other Lots/Land real estate for sale in Fate? You can browse all Fate real estate or contact a Coldwell Banker agent to request more information.