$749,900
6407 State Highway 66, Royse City, TX, 75189
On Market
Commercial
Highlights
Interior
Exterior
Lot Size3.28 acres
Land Information
APN0851-0010-0020-91
SubdivisionPrewitt Joseph
Land UseIndustrial
Legal DescriptionA0851 PREWITT JOSEPH,TRACT 1-2, ACRES 3.28
Census Tract961401
Assessed Land Value$266,560
Assessment Year2025
About this property
Prime 3.28 acre pad site located on high traffic Hwy 66 with a large amount of frontage. Being located in the ETJ this parcel has tons of room for potential. Property backs up to a planned 2,300 unit residential subdivision, is less than 5 miles from Interstate 30, less than 15 minutes from Rockwall and or Greenville, and is situated in one of the fastest growing areas in the country. Traffic counts of up to 6,133 VPD on SH 66.
Investor Tools
$0Estimated Mortgage Balance
$266,560Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,499 /month
Positive
Cash Flow Estimate:
$1,500 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$236/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,500
$266,560
2025
$266,560
N/A
$266,560
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,500
$266,560
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$266,560
100%
0%
$0/mo
