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.
Lot/land
$2,500,000
200 Fate Main Pl, Rockwall, TX 75087
--beds
--baths
1.08Acres
Unimproved Land
Built in ----
1.08 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 40 days
- 17
- 0
Zillow last checked:
Listing updated:
Listed by:
Evelyn Yanez 0830385 214-264-4272,
Monument Realty 214-705-7827,
Luke Hicks Jr. 0838009 346-377-2746,
Monument Realty
Source: NTREIS,MLS#: 21382861
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 1.08 Acres
- Features: Acreage, Corner Lot
Details
- Parcel number: 000000016504
- Zoning description: Commercial
Utilities & green energy
- Utilities for property: None
Community & HOA
Community
- Features: Sidewalks
- Subdivision: Horizon Place
HOA
- Has HOA: No
Location
- Region: Rockwall
Financial & listing details
- Tax assessed value: $440,222
- Annual tax amount: $7,911
- Date on market: 9/10/2026
- Cumulative days on market: 41 days
- Listing terms: Cash,Conventional,Other
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 9/10/2026 | Listed for sale | $2,500,000 |
Source: NTREIS #21382861 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,911 +1.6% | $440,222 |
| 2024 | $7,788 +4.4% | $440,222 +6.1% |
| 2023 | $7,462 +18.2% | $415,100 +33.4% |
| 2022 | $6,315 +235.3% | $311,190 +249.2% |
| 2021 | $1,883 +57.5% | $89,120 +52.9% |
| 2020 | $1,196 | $58,300 |
| 2019 | -- | $58,300 |
| 2018 | $1,335 -32.8% | $58,300 -32.2% |
| 2017 | $1,987 +159% | $86,000 +18% |
| 2016 | $767 | $72,870 +78.3% |
| 2015 | $767 | $40,860 -4.8% |
| 2014 | $767 | $42,900 +0.6% |
| 2013 | -- | $42,630 -2.2% |
| 2012 | -- | $43,610 -2.2% |
| 2011 | -- | $44,580 -2.2% |
| 2010 | -- | $45,560 -2.1% |
| 2009 | -- | $46,540 -1.5% |
| 2008 | -- | $47,230 -5.9% |
| 2007 | -- | $50,180 -1.4% |
| 2006 | -- | $50,910 +3.7% |
| 2005 | -- | $49,110 +0.2% |
| 2004 | -- | $49,020 +73.9% |
| 2003 | -- | $28,190 |
| 2002 | -- | $28,190 +29.1% |
| 2001 | -- | $21,830 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75087
Nearby schools
Schools provided by the listing agent
- Elementary: Vernon
- Middle: Bobby Summers
- High: Royse City
- District: Royse City ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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