1 month on rocket

311 Burkett Ln, Fate, TX, 75189

$550,000

6.52 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeUnimproved Land
MLS #20549101
Lot Size6.52 Acres
StatusActive

About 311 Burkett Ln

Great Investment opportunity located East of Rockwall in Royse city. Totaling 6.52 total acres this is for 5 lots as well with a total of 4 mobile homes at $12,500 each. Mobile Homes have incoming income for buyers The Listing price is for the LAND ONLY however the mobile homes are a package deal but because they are personal property, they have to be priced separately and sold as a bill of sale to be done all at closing. The total price for land AND mobile homes is $600,000. Seller prefers cash but if financing is needed it would be Land only financing and the $50k for the mobile homes would need to be cash. **Pics coming soon*

Property Details

Property Features

Listing Office:

  • Office Name: Regal, REALTORS
  • Office Phone: (972) 771-6970
  • Listing Agent: Cobbie Johnson

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  • Virtual Tour: 311 Burkett Ln

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Lot Features

Lot Information:

  • Lot Size: 6.52 Acres

School Info

Assigned Schools Information:

  • Rockwall - Heath High School, Public District Grades 9-12
  • Maurine Cain Middle School, Public District Grades 7-8
  • Sharon Shannon Elementary School, Public District Grades PK-6

Other

Directions Information:

  • Directions: From Rockwall: Head east on 276 towards Royse City, Turn Left onto FM-551, Then turn left onto Burkett Ln.

Price Information

Listing Price Info

Price Summary:

  • List Price: $550,000

Tax Information:

  • Annual Amount: $1,811
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Royse City, TX.

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Royse City, TX

City

Med. List Price

$365.9K

Med. Price/SqFt

$177

Avg. Days On Market

75

# of Sold Homes

50

311 Burkett Ln vs Royse City

57 DAYS ON ROCKET

-18 Days

$550,000

+$184K More

KEY TAKEAWAY

This property is $184K more than the Median List Price in Royse City, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20549101

Listing Office:

  • Office Name: Regal, REALTORS
  • Office Phone: (972) 771-6970
  • Listing Agent: Cobbie Johnson

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 5/2/2024, 2:25:20 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,811$111,600
2019$949$53,990
2018$949$53,990
2017$872$48,700

History based on county public records data.

Payment Calculator

$2,813

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,715

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4510341
8
/10

  • Sharon Shannon Elementary School

  • 3130 Fontana Blvd

  • 2.41 miles

  • Public District Grades PK-6

Middle School

school-card-donut-4510342
7
/10

  • Maurine Cain Middle School

  • 6620 Fm 3097

  • 4.91 miles

  • Public District Grades 7-8

High School

school-card-donut-4510343
7
/10

  • Rockwall - Heath High School

  • 801 Laurence Dr

  • 7.04 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $77,817. Typical income of Royse City, TX residents is between $35k-100k annually. Typical family type is married, with kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 311 Burkett Ln

What is the listing price of this property?

The listing price of 311 Burkett Ln property is $550,000.

What type of property is this?

The property 311 Burkett Ln is land located in Fate, Texas, 75189.

Is this property for sale now?

Active Listing: 311 Burkett Ln is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 311 Burkett Ln are:
Sharon Shannon Elementary School: GreatSchools Rating 8/10
Maurine Cain Middle School: GreatSchools Rating 7/10
Rockwall - Heath High School: GreatSchools Rating 7/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,811 (source: MLS/based on county public records data).

How much acreage is this property?

The property 311 Burkett Ln is 6.52 acres.
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Rocket Homes›Texas›Rockwall County›Royse City›75189›311 Burkett Ln

This home is located at 311 Burkett Ln in Fate, TX and zip code 75189. This home sits on a 6.52 acre lot. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $550,000.

The inventory of homes for sale in Royse City, TX between March 2024 and April 2024 increased by 10.9%. In April 2024, listings were on the market for 75 days. During the same period, the median list price in this real estate market was $365,953.

From Rocket Homes Real Estate and based on county public records data.

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