6515 State Highway 66
Fate, TX, United States
$850,000
Active

6515 State Highway 66 Fate, TX 75189

Property Features

  • 3 Beds
  • 1 Full Baths
  • 1,704 sqft
  • MLS # 21193413
  • Lot Size: 1.32 acres
  • Year Built: 1971
  • Floors: 1
  • Parking Spots: 2

Attachments

Property Description

Exceptional opportunity to acquire this 1.1-acre tract ideally positioned just north of FM-2642 on State Highway 66, with over 200 feet of highway frontage. Live in the residence and run the food truck business! The house needs TLC and foundation repairs, it's currently leased as retail (interior photos are from before it was leased). This high visibility site benefits from a daily traffic count of 10,000+ vehicles, making it a strategic investment within a rapidly expanding community. Just minutes from Buc-ee's, Walmart, Lowes and other major retailers; Royse City's historic Main Street; and the future Royse City Town Center development at I-30 & FM-2642 with highly anticipated anchors. This unincorporated parcel is located outside city limits and the ETJ, with no floodplain, allowing for a wide range of development opportunities. The property includes an income generating, fully leased 7-space food truck court with electric and water connections. Current income: $6150 monthly, $73,800 annually. This property is positioned for long-term growth and flexible use potential for investors looking to capitalize on this area's explosive expansion. The 2 parcels are in the process of being replatted into a single address and parcel, will not sell separately. Subdivided listing: Main Commercial Listing MLS#21187569.

Property Highlights

  • Basement: None
  • Garage Count: 2 Car Garage
  • Garage Description: Garage

Location

The listing broker’s offer of compensation is made only to participants of the multiple listing service where the listing is filed.

Request Information

Yes, I would like more information from Coldwell Banker. Please use and/or share my information with a Coldwell Banker agent to contact me about my real estate needs.

By clicking CONTACT, I agree a Coldwell Banker Agent may contact me by phone or text message including by automated means about real estate services, and that I can access real estate services without providing my phone number. I acknowledge that I have read and agree to the Terms of Use and Privacy Policy.