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Fate, TX 75132
$2,500,000

About this home

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.

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
1.075
Property Subtype
Unimproved Land
Property Type
Land
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Lot Features
Acreage, Corner Lot

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Fate
County
Rockwall
School District
Royse City ISD
ZIP Code
75132
State
TX
Subdivision
HORIZON PLACE

Financial

Price
2500000

Utilities

Utilities
None

Listing Details

Listing Agent
Evelyn Yanez
Listing Office
Monument Realty
MLS #
21382861
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21382861

Listing agents

Listing AgentEvelyn YanezMonument Realty
Co-Listing AgentLuke Hicks Jr.

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