Zoned Multifamily Site | 8.4+/- Acres | Royse City, TX
Zoned Multifamily Site | 8.4+/- Acres | Royse City, TX
Marketing description
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer the opportunity to purchase an 8.429+/- acre zoned multifamily site situated along Interstate 30 in Royse City, TX (the “Site”). The Site is zoned MF-2 through a Planned Development allowing for a maximum density of 24 units per acre (202+/- units maximum).
With approximately 1,100 feet of frontage along Interstate 30, the Site lies in an unparalleled location in terms of accessibility and visibility. Less than a mile west along I-30 are various community focal points such as Royse City High School and Buc-ee’s. This exceptionally well located and prominent development Site is being offered at $3,900,000 or $19,306 per developable unit.
To gain access to the marketing brochure and full Due Diligence Vault click on the link below:
Zoned Multifamily Development Site | Royse City, TX - Due Diligence Vault
A co-broker fee is available to a Broker that sources a Principal that VREA has not previously contacted or sent information to, in any format, regarding this opportunity. Please contact VREA for additional information.
Investment highlights
Strategic Location
- Strategically located in Royse City along the I-30 corridor between downtown Rockwall (13 miles west) and downtown Greenville (14 miles east), the Site benefits from limited multifamily supply in the immediate trade area.
- Surrounded by rapidly expanding retail infrastructure along the I-30 corridor including Walmart, Lowe’s, CVS, and Chili’s, this Site offers future residents immediate access to everyday conveniences and dining.
- Situated approximately 34 miles from downtown Dallas with direct access via Interstate 30, this multifamily development site sits at the epicenter of one of the DFW Metroplex’s most active growth corridors.
Zoning
- The Site is zoned MF-2 through a Planned Development. MF-2 zoning allows for a maximum density of 24 units per acre.
- The Site is also excluded from the I-30 overlay district, exempting a future developer from stricter design and landscape standards.
- Site is labeled as a DDA “Difficult Development Area” within the HUD census map.
- Buyer to verify zoning and acceptable uses on the Property.
Population and Demographics
- Royse City’s population has grown an extraordinary 137% since the 2020 Census, reaching an estimated 32,702 residents in 2026 at a current annual growth rate of nearly 11% per World Population Review.
- The median household income in Royse City stands at $116,660 as of 2024, with a median age of just 32.8 years (Source: U.S. Census Bureau / Texas Demographics, 2024) — a young, dual-income demographic profile that represents the prime renter cohort for market-rate multifamily development, with strong purchasing power and high lifestyle expectations.
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