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Property Description
Discover 17.238 acres in rapidly growing Rockwall County, ideally situated less than half a mile from Highway 66 between Rockwall and Royse City. With excellent accessibility, generous acreage and continued growth throughout the surrounding area, this versatile property offers compelling potential for a sports complex, private estate, residential homesites or possible commercial development with the New Royse High School nearby. The property features a substantial 40' x 60' shop with two-story living quarters constructed in 2017. The residence includes a full kitchen, living and dining areas, three bedrooms, one full bathroom and abundant garage and storage space which could double as a future field house or office space. Outdoor amenities include upper- and lower-level porches, an above-ground pool with a partial deck, a firepit area, a fenced dog run and a peaceful pond surrounded by mature trees. A separate guest residence provides an additional living area, kitchenette, bedroom and full bathroom-ideal for extended family, guests, an office or temporary accommodations while building. Whether envisioned as a personal retreat, income-producing property, residential development site or future commercial opportunity, this unique acreage offers exceptional flexibility in Royse City ISD.
Full Property Details
Full Property Details for 5400 E Fm 552
General
- Price: $1,450,000
- Taxes: $13,069
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21359574
- Updated: Today (8/15/2026)
- Added to Site: Today
Location
- County: Rockwall
- Subdivision: Leisure Land
- Driving Directions: 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.
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: Royse City
- High School: Royse City
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other, Wall/Window Unit(s)
Utilities
- Sewer: Aerobic Septic
- Utility Description: Septic Available
Structural Information
- Architectural Style: Barndominium
- Detached/Attached: Detached
- Current Bldg. Use: Agricultural, Residential, Single Family
- Year Built: 2017
Additional Structures
- Other Structures: Bunkhouse
Lot Features
- Lot Size (Acres): 17.238
- Lot Size (Sq. Ft.): 750,887.28
- Lot Size Source: Assessor
- Lot Features: Acreage, Agricultural, Cleared, Pond on Lot, Many Trees, City Lot
- Potential Use: Commercial, Development, Farm, Horses, Investment, Manufactured Home, Mini Storage, Mixed Use, Orchard, Place of Worship, Residential, Recreational, Single Family, Warehouse
- Trees/Vegetation: Cleared, Grassed, Partially Wooded
- Zoning: Unzoned
Financial Considerations
- Tax Amount: $13,069
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Survey
- Legal Description: LEISURE LAND, BLOCK A, LOT 1, 5, 6A & PT OF 2,
- Exclusions: Personal belongings
- Property ID: 18560
- Block: A
- Lot Number: 1
Listed by Piper Creek Realty LLC, Corey Booth
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Schools
Schools serving 5400 E Fm 552
School District:Royse City Independent School District
| Name | Grades | Distance |
|---|---|---|
Davis Elementary School, Royse City, TX 1500 Fm 1777 Bulldog Blvd, Royse City, TX 75189 | K-5 | 3.6 mi |
Royse City Middle School 1310 E Hwy 66, Royse City, TX 75189 | 6-8 | 3.8 mi |
Royse City High School 700 Fm 2642, Royse City, TX 75189 | 9-12 | 5.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions 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
8/15/2026
Listed
$1,450,000
—
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
2025
$13,069
—
$792,554
-14%
2025
$13,069
68%
$924,519
44%
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# 21359574) is a Lots/Land property with a lot size of 17.238 acres. 5400 E Fm 552 is currently listed for $1,450,000 and was received on August 15, 2026. 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.

