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Mike Bowman

[email protected] +1(817) 328-2342

$3,750,000

Est. payment - /mo

23.01 Acres Lot

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Key Details

Property Type Commercial

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Subdivision G C Parks

MLS Listing ID 21160428

Year Built 2010

Annual Tax Amount $15,900

Lot Size 23.008 Acres

Acres 23.008

Property Sub-Type Unimproved Land

Property Description

Prime 23.008-acre tract located in Red Oak, Texas, within the city limits with access to water and sewer. The property is zoned Residential Multifamily, offering strong potential for a multifamily or apartment development, subject to final site plan approval. Ideally positioned approximately 0.75 miles from Interstate 35, the site provides excellent regional access while remaining close to retail, employment centers, and growing residential neighborhoods. This location benefits from Red Oak's continued growth along the I-35 corridor, making it well-suited for developers seeking scale, visibility, and long-term demand. An outstanding opportunity for residential developers looking to capitalize on a high-growth submarket in Ellis County.

Location

State TX

County Ellis

Zoning Residential/multifamily Located within PD 6

Direction From IH35, head East on W. Red Oak Rd for .7 miles. Take a left onto Lake Trail Dr. and property will be on your right.

Exterior

Utilities Available City Water, Sewer Available

Garage No

Building

Lot Description Acreage, Few Trees

Structure Type Other

Others

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

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North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Sam Jenkins • Tero Real Estate

Nearby School & Business

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Mike Bowman

+1(817) 328-2342

Broker License ID: 0273938

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100 Lake Trail Drive Red Oak, TX 75154

Mike Bowman

Key Details

Location

Exterior

Building

Others

Nearby School & Business

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