This 3-acre tract is located just off the hard corner of FM 1138 and State Highway 66 with over 20,000 vehicles per day. The property features all utilities on-site including water, electric, and septic. Situated outside of city limits with no flood zone, the property is ready for development and would be suitable for a light industrial or flex space. Surrounding retailers include Exxon, Ponderosa Pet Resort, Pasturas Los Alazanes, and more. Contact the listing agent for more information.
Forward Fate Comprehensive Plan establishes this unimproved commercial land as Supportive Commercial perfectly suited for retail, restaurant, office, Neighborhood Commercial, mixed use, complimenting the overlay's Dynamic Neighborhood including multifamily, office, live-work R-3, R-4, Neighborhood services, and old town transition. Situated with premium frontage on highway 66, outside the main entrance to the largest SFR development in the city of Fate, Woodcreek, this property is poised for optimal traffic. Tract 1 is 2.1 acres, and the contiguous Tract 2 is 3.1 acres giving the purchaser over 5 acres of shovel ready land for development. Highlights, Mixed-Use Center invites fiscally sustainable, pedestrian scaled, high quality development supportive of growth in downtown Fate and surrounding neighborhoods. Mix of housing types, with higher development intensities along major thoroughfares, active frontages for pedestrian activity, incorporating parks to create half-mile walkshed.
Located along the bustling I30, this commercial property offers immense potential for entrepreneurs and business owners seeking a versatile space. With a 2000 square feet metal building, this property could be used for a multitude of businesses this property provides an adaptable canvas for your entrepreneurial dreams. Furthermore, the prominent location on I30 ensures high visibility and easy accessibility, presenting an enticing opportunity for attracting customers and clients.
You name it... this property is ready for it. Developments all around with busy hwy that will be widened to 6 lanes eventually. 24 in. water main by road. 15 acres available for your ideas. Convenience store, grocery store, car lot, car wash, garage, and the list of possibilities continue. Make an appointment to see this possible business location. Owners live in the 2 bedroom 1.5 bath building and have been operating a thrift store for the last 14 years in this location. Owner would consider financing with 50 per cent down and acceptable credit review.
The median home value in Fate, TX is $378,800. This is lower than the county median home value of $429,200. The national median home value is $338,100. The average price of homes sold in Fate, TX is $378,800. Approximately 89.3% of Fate homes are owned, compared to 8.11% rented, while 2.59% are vacant. Fate real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Fate real estate agent to arrange a tour today!
Fate, Texas has a population of 17,403. Fate is more family-centric than the surrounding county with 59.03% of the households containing married families with children. The county average for households married with children is 45.29%.
The median household income in Fate, Texas is $114,280. The median household income for the surrounding county is $111,595 compared to the national median of $69,021. The median age of people living in Fate is 34.2 years.
The average high temperature in July is 94.5 degrees, with an average low temperature in January of 33.6 degrees. The average rainfall is approximately 40.4 inches per year, with 0.6 inches of snow per year.