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$1,200,000
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Property Description
MOTIVATED SELLER.Discover an exceptional opportunity to own nearly 1.3 acres of commercially zoned property just off Main Street and Route 66 in the highly desirable Heritage District of Royse City. With the city's planned Main Street extension set to enhance accessibility and visibility, this property offers unmatched potential, just minutes from I-30 and positioned as the largest lot off Main Street. Perfect for a bed & breakfast, restaurant, event center, medical or legal office, or other professional use, this property combines historic character with modern updates and ample space for future expansion and development. Step inside to find 10 spacious offices with 10-foot ceilings, flexible enough to serve as private suites, meeting rooms, or creative workspaces. The layout includes a welcoming reception area, dining and lounge spaces, 3.5 bathrooms, and a large laundry and freezer room with additional storage. Original architectural details-hardwood floors, handcrafted woodwork, transom windows, stained glass, and pocket doors-preserve the property's historic charm, while thoughtful renovations bring modern comfort: a new gourmet kitchen, updated plumbing, new water heaters, and more. Enjoy the convenience of being just a short walk to historic downtown Royse City, where you'll find a vibrant mix of boutiques, restaurants, a craft brewery, and local shops. Originally built by W.H. Adams, one of Royse City's founding members, this property stands as a piece of local history ready for its next chapter. Bring your vision to life in the heart of Royse City, where history, opportunity, and community meet.
Full Property Details
Full Property Details for 107 S Josephine St
General
- Price: $1,200,000
- Taxes: $8,524
- Status: Active
- Type: Business
- Source: NTREIS
- MLS ID: 21031774
- Updated: 11/20/2025
- Added to Site: 167 day(s) ago
Business
- Business Type: Bed & Breakfast, Commercial, Dental, Education/School
Interior
- Flooring: Ceramic Tile, Hardwood, Wood
Parking
- Carports: Yes
- Parking Features: Circular Driveway, Carport, Detached Carport, Storage
Location
- County: Rockwall
- Subdivision: Mccasland
- Driving Directions: From State Hwy 66, Turn right onto S Josephine St, The property will be on the right. From I30 East, take exit 77B FM 548, turn left at first intersection, turn right on 66 (Main St.), then turn right onto S. Josephine St., property will be on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Natural Gas Available, Sewer Available, Separate Meters, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Wood Siding
- Roof: Composition
- Stories/Levels: 2
- Square Feet: 4,024
- Sq. Ft. Source: Assessor
- Year Built: 1898
Lot Features
- Lot Size (Acres): 1.223
- Lot Size (Sq. Ft.): 53,273.88
- Lot Size Source: Assessor
- Frontage: City Street, Highway, Asphalt
- Lot Features: Acreage, Corner Lot, Few Trees, Historic District
- Potential Use: Medical/Dental, Office, Restaurant
- Zoning: Commercial, Multi-Use
Financial Considerations
- Tax Amount: $8,524
- Terms: Cash, Conventional, VA Loan
- Owner Pays: All Utilities, Electricity, Gas, Grounds Care, Insurance, None, Pest Control, Sewer, Taxes
- Tenant Pays: Other
Disclosures and Reports
- Legal Description: MCCASLAND, BLOCK AQ, LOT 1
- Inclusions: Building Only
- Property ID: 20138
- Block: AQ
- Lot Number: 1
Listed by Piper Creek Realty LLC, Corey Booth
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Schools
Schools serving 107 S Josephine St
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 | 1 mi |
Royse City Middle School 1310 E Hwy 66, Royse City, TX 75189 | 6-8 | 1 mi |
Royse City High School 700 Fm 2642, Royse City, TX 75189 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 107 S Josephine St
Date
Details
Price
Change
Source
8/14/2025
Listed
$1,200,000
—
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 107 S Josephine St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$7,552
4%
$495,891
11%
2023
$7,266
-4%
$447,471
—
2021
$7,602
2%
$445,450
34%
2020
$7,432
-14%
$332,680
2%
2018
$8,641
6%
$325,000
—
2019
$8,173
-5%
$325,000
-1%
2018
$8,641
64%
$329,810
66%
2017
$5,254
7%
$198,913
10%
2016
$4,924
4%
$180,830
5%
2015
$4,721
-2%
$172,110
-2%
2014
$4,839
—
$176,410
1%
2013
$4,823
—
$174,510
—
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 107 S Josephine St
107 S Josephine Street, Royse City, TX 75189 (MLS# 21031774) is a Business property. 107 S Josephine Street is currently listed for $1,200,000 and was received on August 14, 2025. Want to learn more about 107 S Josephine Street? Do you have questions about finding other Business real estate for sale in Royse City? You can browse all Royse City real estate or contact a Coldwell Banker agent to request more information.

