Listed by Covenant CRE
$925,000
TBD State Highway 66, Fate, TX, 75087
Details
Property Type Land
Sub Type Commercial
Acreage 6.132
Land | 6.132 acres
Marketing description
This ±6.132-acre tract fronts State Highway 66 at a future signalized hard corner in the heart of Rockwall County's fastest-growing corridor. With roughly 432 feet of highway frontage, a recorded plat, and a location inside the City of Fate's extraterritorial jurisdiction, the site offers a clean path to commercial or mixed-use development in a market where rooftops are arriving faster than available land.
Investment highlights
- Hard corner exposure on a future signal — ±432' of frontage on SH-66 at a corner slated for a future traffic signal, a strong long-term driver of visibility and traffic counts as the intersection develops.
- Priced below replacement in an undersupplied corridor — ~$150,880/acre in a submarket where commercial-ready land is scarce relative to the pace of rooftop growth.
- Explosive rooftop growth on the doorstep — Fate's population is up nearly 74% since 2020, with a 2026 median household income of $132,752, well above the Dallas-Fort Worth average.
- County-level tailwind — Rockwall County grew 27.2% from 2019-2024 and is projected to reach 137,072 residents in 2026, one of the fastest-growing counties in Texas.
- Commute-distance to Dallas — ~30 miles to the Dallas CBD via I-30, keeping the site inside the outer commuter ring without big-city land pricing.
- Clean entitlement path — recorded plat in process (Lot 1, Blk 1, Redeemer Church Addition), approved with conditions, positioning a buyer to move quickly once recording finalizes.
- Fate ETJ flexibility — sitting just outside full city zoning gives a buyer room to negotiate use and site plan ahead of eventual annexation.
- Due diligence already teed up — flood study, tree survey, soil composition report, minor plat, and trail plan are assembled and ready for buyer review, shortening the DD runway.
Listing Contacts
Listed by Covenant CRE
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Zoning
PD-71 PlannedPlanned Development District
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Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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