Michelle Lim

REMAX Premier
License number: 0630492
phone: (972) 696-9546
 mobile: (214) 205-1338
 fax: (972) 403-2015
 www.mlzip.com
2100 Dallas Parkway Suite102
 Plano, TX 75093
$1,300,000
567 Poetry Road, Royse City, Texas 75189, USA
MLS#
21091723
Property type
Residential For Sale, Farm
Property Size
2,280 sqft (211.812 m2)
Land size
22.85 sqft (2.12 m2)
Status
Bedrooms
4
Baths
3
Sale price per sqm
6,137.32 $
Virtual Tour
UNIQUELY RARE INCOME PRODUCING PROPERTY! Experience peaceful country living with modern comfort on this breathtaking 22.85-acre property near Lake Ray Hubbard in Rockwall County. This sale includes a significant and lucrative investment asset: the current easement and lease of an on-site cell tower will convey in full to the new owner. This asset is currently valued at over $100K and offers immediate liquidity, as the easement could be sold from Day 1 of ownership for $100K+. For the long-term investor, the lease renewal is set for 2036 with projected values expected to reach $250K+, providing a rare secondary income stream and guaranteed equity growth. Perfect for move-up buyers seeking space or investors dreaming of a private retreat that pays for itself, this ranch offers a combination of charm and financial opportunity found nowhere else. All but two acres are ag-exempt, keeping property taxes remarkably low—never exceeding $500 yearly. Enjoy open pastures and rolling terrain where deer, hawks, and cranes roam freely, and two serene, naturally maintained ponds shimmer across the landscape. The property is fully equipped for agricultural pursuits with a fenced 7-acre horse pasture, a 40x40 barn with 12-ft overhangs, and a 20x20 storage building. Three tractors, numerous implements, and a flatbed trailer are ready for your use, alongside the potential for hay lease income. The home itself has been beautifully updated, featuring a breezy front porch, a peaceful back patio, and irrigated gardens. Conveniently located near HWY 276 for easy commutes, this property offers the ultimate Texas ranch dream with lasting, compounding value!
Rooms
  • 1 dining room
Property Details
2000 Year Built:
Farm/Ranch House Property type:
Refrigerator, Dishwasher Appliances:
1 Number of Fireplaces:
Porch-front, Patio, Garage Property Features:
Patio, Porch-front Outdoor Space Description:
Aerobic Septic Utilities:
Cable Available Telecommunication:
Cross Fenced Lot Description:
composition Roofing:
Barbed Wire Fencing:
School Information
1012 School District:
Harry Herndon Elementary School:
Royse City High School:
Bobby Summers Middle School:

Listing by: Keller Williams Realty DPR
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