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401 W Dogwood Trl - 1.3 Acres on Hwy 66 in Fate by downtown 1.3 Acres of Commercial Land in Rockwall, TX 75087
Investment Highlights
- Frontage and visibility along Highway 66, offering strong exposure in a highly traveled corridor.
- Positioned within Fate’s rapidly expanding growth path, supported by substantial residential development nearby.
- Existing leased residential structure provides interim income while planning for future commercial redevelopment.
- Convenient access to Interstate 30 and the surrounding Dallas-Fort Worth metroplex.
- Located minutes from downtown Fate and downtown Rockwall, with direct connectivity to established retail corridors.
- City of Fate’s Future Land Use Plan supports commercial designation, offering long-term potential for office, retail, and low-intensity uses.
Executive Summary
Currently improved with a leased residential home, the property presents both interim income potential and future redevelopment upside. According to guidance from the City of Fate Planning Department, the Future Land Use Plan supports commercial zoning for this location, creating a strong long-term opportunity for investors, developers, or owner users seeking strategic positioning in a high growth area.
Property Highlights
• Approximately 1.306 acres
• Frontage near Highway 66
• Existing 1,324 SF residential structure on site
• Currently agricultural/unzoned
• Neighboring properties transitioning to commercial use
• Future Land Use Plan supports commercial designation
• Strong visibility and accessibility in growing Fate corridor
• Potential uses include office, retail, professional services, contractor office, boutique commercial, and other low intensity commercial concepts
• Existing home currently leased, providing interim holding income potential
Investment Potential
The site is well positioned for future commercial rezoning, with nearby growth and infrastructure supporting continued expansion throughout the corridor. Commercially designated land in this area continues to attract interest from developers and owner occupants seeking frontage opportunities outside the more saturated Rockwall market.
City planning guidance indicates that commercial zoning would be considered compatible with the area’s long-term vision, subject to city approvals.
Location Advantages
• Minutes from downtown Rockwall
• Easy access to Highway 66 and surrounding retail corridors
• Located within the expanding Fate growth path
• Strong residential growth supporting future commercial demand
• Convenient access to the greater Dallas Fort Worth metroplex
Property Facts
1 Lot Available
Lot
| Lot Size | 1.30 AC |
| Lot Size | 1.30 AC |
Beautiful 1.3 Acre land for development on Hwy 66 in Fate, Texas. The City's Future Land Use Plan supports a commercial designation for this location, currently zoned AG. Highly visible location close to downtown Fate
Description
Commercial development/ investment opportunity in a fast growing corridor surrounding Rockwall. Located at 401 W Dogwood in Fate, this approximately 1.31 acre site offers frontage and visibility on Highway 66, with surrounding properties already transitioning toward commercial development. Currently improved with a leased residential home, the property presents both interim income potential and future redevelopment upside. According to guidance from the City of Fate Planning Department, the Future Land Use Plan supports commercial zoning for this location, creating a strong long term opportunity for investors, developers, or owner users seeking strategic positioning in a high growth area. Property Highlights • Approximately 1.306 acres • Frontage near Highway 66 • Existing 1,324 SF residential structure on site • Currently agricultural/unzoned • Neighboring properties transitioning to commercial use • Future Land Use Plan supports commercial designation • Strong visibility and accessibility in growing Fate corridor • Potential uses include office, retail, professional services, contractor office, boutique commercial, and other low intensity commercial concepts • Existing home currently leased, providing interim holding income potential Investment Potential The site is well positioned for commercial rezoning, with nearby growth and infrastructure supporting continued expansion throughout the corridor. Commercially designated land in this area continues to attract interest from developers and owner-occupants seeking frontage opportunities outside the more saturated Rockwall market. City planning guidance indicates that commercial zoning would be considered compatible with the area’s long term vision, subject to city approvals. Location Advantages • Minutes from downtown Fate • Close to Rockwall • Easy access to Highway 66 and surrounding retail corridors • Located within the expanding Fate growth path • Strong residential growth supporting future commercial demand • Convenient access to the greater Dallas-Fort Worth metroplex Pricing Call Broker for Pricing
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401 W Dogwood Trl - 1.3 Acres on Hwy 66 in Fate by downtown
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