Tbd State Hwy, Royse City, TX 75189

Property Description

Exceptional development opportunity offering approximately 32 acres with a unique combination of commercial and residential zoning. Approximately 5 acres are commercially zoned, with the remaining approximately 27 acres zoned residential, creating flexibility for a variety of potential development concepts. With continued growth and development throughout the surrounding area, this property offers an opportunity for builders, developers, and investors looking for a sizable tract with multiple potential uses. Seller is offering the entire approximately 32-acre property for $1,000,000 and will not sell the tracts separately. A small portion of the residential acreage is located within a designated flood zone; however, this area may potentially be incorporated into the overall site design for regional detention, detention ponding, irrigation or sprinkler purposes, drainage discharge, open space, or other permitted uses, subject to engineering and applicable city and regulatory approvals. With commercial frontage potential, residential acreage, and substantial land to work with, the property presents numerous possibilities for a thoughtfully planned development. Buyer and buyer's agent to independently verify zoning, acreage, floodplain boundaries, utilities, development requirements, permitted uses, and all information with the appropriate authorities.