Listing Description
Located between Royse City and Josephine, this 13.8± acre tract offers a compelling land-banking opportunity in a rapidly developing growth corridor. While the majority of the property lies within a FEMA-designated floodplain, approximately 1± acre of usable upland remains available for limited use or future planning.
The property is adjacent to a CubeSmart Self Storage facility, reinforcing the area’s continued commercial and residential growth. TxDOT has identified the site for a future right-of-way (ROW) acquisition, with a previously presented combined offer totaling nearly $60,000. Although the ROW acquisition is not currently scheduled for the next fiscal year, it is anticipated to occur in future phases as regional infrastructure expands.
As development continues to push east from Royse City toward Josephine, the value of future ROW acquisitions is expected to increase, making this an attractive long-term hold for investors seeking exposure to infrastructure-driven appreciation.