200 E Fate Main Pl, Fate, TX 75132

$2,500,000

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List Price
$2,500,000
Status
ACTIVE
MLS#
21382861
Lot Size
46,827

Property Description

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.

Additional Information

Taxes
$7,911
School District
Royse City Isd
Elementary School
Vernon
High School
Royse City
Middle School
Bobby Summers
Street Name
E Fate Main Pl
Street Number
200
Acres
1.08
County
Rockwall
Lot Description
Corner Lot

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Calculator source: Real Geeks

Listing courtesy of Evelyn Yanez from Monument Realty. Contact: 214-264-4272

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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