Last 24 Hours
$5,850
6407 State Highway 66, Royse City, TX, 75189
On Market
Just Added
Highlights
Interior
Bedrooms —
Bathrooms —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
Ground lease opportunity at 6407 SH 66 in Royse City featuring approximately ±3.28 acres or ±142,877 square feet. The vacant site offers approximately 478 feet of frontage along SH 66, is located in the Royse City ETJ, and is noted as unzoned. Property is less than 2.5 miles from I-30 and offers convenient access to Rockwall, Caddo Mills, and Greenville, TX. Site is positioned across from a planned residential development. Traffic counts on SH 66 are reported up to 7,737 VPD; with a combined VPD of 14,544 between Highway 66 and FM 2642. Buyer or tenant to verify all information, zoning, allowed uses, access, development plans, and traffic counts.
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
$1,599 /month
Positive
Cash Flow Estimate:
$533 /month
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ContactFinancing 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
12.4%