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5400 E Fm 552, Fate, TX, 75189

$1,499,900

17.24 Acres
Land
Schools Nearby

Location

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Property Highlights

Home TypeVacant Land
MLS #20564646
Lot Size17.24 Acres
StatusActive

About 5400 E Fm 552

Wonderful opportunity to own 17.238 acres in Rockwall County! This wide open space is less than a half mile from Hwy 66, and perfectly situated in between Rockwall and Royse City. Currently has a 3 bed, 1 bath barndo with tons of garage and storage space attached. There is also a 1 bed, 1 bath separate home with living & kitchen quarters. Towering trees surround a peaceful pond towards the back of the property. There is so much room for expansion to build your dream home, or convert to Commercial and build your business! With 509' of road frontage for maximum exposure. The new Royse City High School is in the works to be built nearby, so visibility is at a premium! Come check out all of the opportunities this acreage has to offer in this growing area! Property is currently unzoned and buyer will need to verify with the City of Fate on uses.

Property Details

Property Features

Listing Office:

  • Office Name: Keller Williams Rockwall
  • Office Phone: (972) 772-7000
  • Listing Agent: Aaron Stokes

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  • Virtual Tour: 5400 E Fm 552

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Lot Features

Lot Information:

  • Lot: Agricultural, Back Yard, Lawn, Pasture, Pond, Few Trees, City Lot
  • Lot Size: 17.24 Acres

School Info

Assigned Schools Information:

  • Royse City High School, Public District Grades 9-12
  • Ruth Cherry Intermediate School, Public District Grades 5-6
  • Royse City Middle School, Public District Grades 7-8
  • Davis Elementary School, Public District Grades PK-4

Other

Directions Information:

  • Directions: From Dallas, 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. SIY

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,499,900
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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

$365.2K

Med. Price/SqFt

$177

Avg. Days On Market

77

# of Sold Homes

53

5400 E Fm 552 vs Royse City

36 DAYS ON ROCKET

-41 Days

$1,499,900

+$1.1M More

KEY TAKEAWAY

This property is $1.1M 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: #20564646

Listing Office:

  • Office Name: Keller Williams Rockwall
  • Office Phone: (972) 772-7000
  • Listing Agent: Aaron Stokes

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: 4/27/2024, 11:25:19 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$7,553

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,563

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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-1715874
4
/10

  • Davis Elementary School

  • 1500 Fm 1777 Bulldog Blvd

  • 6.67 miles

  • Public District Grades PK-4

Middle School

school-card-donut-1715875
5
/10

  • Ruth Cherry Intermediate School

  • 1400 Bulldog Blvd

  • 3.45 miles

  • Public District Grades 5-6

school-card-donut-1715876
4
/10

  • Royse City Middle School

  • 1310 East Hwy 66

  • 3.54 miles

  • Public District Grades 7-8

High School

school-card-donut-1715877
5
/10

  • Royse City High School

  • 700 Fm 2642

  • 5.09 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 $89,665. Most Royse City, TX residents have annual incomes between $35k-100k. The most common type of family is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 5400 E Fm 552

What is the listing price of this property?

The listing price of 5400 E Fm 552 property is $1,499,900.

What type of property is this?

The property 5400 E Fm 552 is land located in Fate, Texas, 75189.

Is this property for sale now?

Active Listing: 5400 E Fm 552 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 5400 E Fm 552 are:
Davis Elementary School: GreatSchools Rating 4/10
Ruth Cherry Intermediate School: GreatSchools Rating 5/10
Royse City Middle School: GreatSchools Rating 4/10
Royse City High School: GreatSchools Rating 5/10

How much acreage is this property?

The property 5400 E Fm 552 is 17.24 acres.
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Rocket Homes›Texas›Rockwall County›Royse City›75189›5400 E Fm 552

This home is located at 5400 E Fm 552 in Fate, TX and zip code 75189. This home sits on a 17.24 acre lot. It has been listed on Rocket Homes since March 22, 2024 and is currently priced at $1,499,900.

The number of listings in Royse City, TX increased by 5.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 77 days, the median list price was $365,243.

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

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