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$2,900,000

47.69+- Crenshaw Road, Royse City, TX, 75189

On MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

About this property

Discover an exceptional opportunity to own 47.69+-acres of prime land in the thriving growth corridor of Royse City, Rockwall County. This 47.69+- acres is to be surveyed out of 191.205 acres and offers 2,980.41' (+-) of road frontage on Crenshaw Road. This exceptional tract offers unmatched visibility, accessibility, and versatility for development or investment. A standout feature of this 47.69+- acres is that it lies outside of the floodplain, providing an ideal footprint for residential, multi-family, or commercial development. The property is equipped with city sewer and water access, while remaining outside the city limits but within Royse City’s ETJ, offering flexibility for planning and future growth potential. This land has been held by the Crenshaw family since the early 1900's, presenting a rare opportunity to acquire a legacy property in a rapidly expanding area. Surrounded by booming residential communities such as Waterscape and Bahamas Laguna Azure, to name a few, the property is positioned in the path of progress, with strong demand driven by continued population growth. Located just minutes from Interstate 30, development within the area is flourishing. Retail, restaurants, and medical all within close proximity further enhancing the area's appeal. Crenshaw Road is already improved with concrete from FM 548 to just past Paula Walker Elementary, which sits directly across from the property. Additionally, Royse City has plans for a future realignment of Crenshaw Road, including a new bridge east of Sabine Creek, further improving accessibility and long-term infrastructure. Whether you're looking to develop, invest, or create a premier ranch property, this tract offers scale, location, and future upside that is increasingly hard to find. Prime location. Exceptional potential. Rare opportunity!

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0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$17,400 /month
Positive
Cash Flow Estimate:
$5,800 /month

Interested in this property?

Susan Zachary

eXp Realty LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$X/month
No HOA
5.947%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Royse City

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