200 N Hickory Hill Rd - Apartments FOR SALE


Royse City, TX 75189
$3,125,000 USD
940-206-7223
200 N Hickory Hill Rd, Royse City, TX for Sale
$3,125,000 USD
Apartments - FOR SALE
1/4
null | Request Cap Rate

200 N Hickory Hill Rd
Royse City, TX 75189


HIGHLIGHTS

  • Opportunity for value-add improvements or redevelopment to maximize returns.
  • Strong rental demand supported by rapid population growth in Rockwall County.

OVERVIEW

This multi-family property in Royse City, Texas, offers a significant investment opportunity in a rapidly growing suburban market. Built in 1986, the property sits on a 1.52-acre lot and includes multiple units configured as a quadruplex community. With 48 bedrooms and 20 bathrooms across the property, it is designed to accommodate multiple tenants, making it ideal for investors seeking stable rental income or those considering value-add improvements to enhance returns. The property is located within Rockwall County and benefits from proximity to Interstate 30, providing direct access to Dallas and other major employment hubs in the region. Royse City continues to experience strong population growth, driven by its desirable location within the Dallas-Fort Worth metroplex. This asset’s scale, combined with its location in a high-demand rental market, positions it as a compelling option for long-term investors or developers looking to capitalize on the area’s growth trajectory.

FOR SALE DETAILS

PRICE

$3,125,000 USD

PRICE/SF

$134 USD /SF

# OF UNITS

29

PRICE/UNIT

$107,759

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hickory Hill Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1986

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.67 AC

LAND SF

72,543 SF

ZONING

-

APN/PARCEL ID

29126

ASK ABOUT THIS PROPERTY

Naseem SadeghianKamy Real Property TrustMore Info
940-206-7223

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Naseem SadeghianKamy Real Property TrustMore Info
940-206-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.