200 E Fate Main PL, Fate, TX 75132
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200 E Fate Main PL, Fate, TX 75132
200 E Fate Main PL, Fate, TX 75132
200 E Fate Main PL, Fate, TX 75132
200 E Fate Main PL, Fate, TX 75132
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$ 2,500,000
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200 E Fate Main PL Fate, TX 75132

1.07 Acres Lot


UPDATED:

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Subdivision Horizon Place

MLS Listing ID 21382861

HOA Y/N No

Annual Tax Amount $7,911

Lot Size 1.075 Acres

Acres 1.075

Property Sub-Type Unimproved Land

Property Description

Prime mixed use development opportunity in Downtown Fate, TX. Property offered for 2.5M with seller also open to a potential development partnership with a qualified builder or developer. Under a partnership structure, seller's contribution would be the land, with builder or developer responsible for development and construction investment, subject to mutually agreed upon terms.
Plans have been developed for a mixed use project featuring ground floor retail with residential apartments above. Seller represents that permits for the proposed development have already been approved by the City of Fate.
Excellent opportunity to acquire the property outright or partner with the landowner to bring an already planned Downtown Fate project to life. Contact listing agent for plans, permit information and partnership details. Buyer and buyer's agent to independently verify zoning, permits, approvals, development requirements, utilities and all information.

Location

State TX

County Rockwall

Community Sidewalks

Zoning Commercial

Direction GPS

Interior

Fireplace No

Exterior

Community Features Sidewalks

Utilities Available None

Present Use Commercial

Road Frontage City Street

Private Pool No

Building

Lot Description Acreage, Corner Lot

Schools

Elementary Schools Vernon

Middle Schools Bobby Summers

High Schools Royse City

School District Royse City Isd

Others

Tax ID 000000016504

Acceptable Financing Cash, Conventional, Other

Listing Terms Cash, Conventional, Other

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21382861


L3 Property Group

L3 Property Group

+1(817) 556-1153

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200 E Fate Main PL