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.
| MLS # | 21160428 |
|---|---|
| Listing Type | For Sale |
| Style | Unimproved Land |
| Sub-Type | Resale |
| Status | Pending |
| Year | 2010 |
| Days On Site | 260 |
| Listing Provided By | Tero Real Estate | Sam Jenkins |
| SQ Feet | 1,002,228 |
|---|---|
| Story(s) | 1 |
| Zoning | Residential/multifamily Located |
| Acreage | 23.01 |
| Construction Materials | Other |
|---|---|
| Lot Features | Acreage, Few Trees |
| Utilities | City Water, Sewer Available |
|---|
| Unexempt Taxes | 15900 |
|---|---|
| Tax Legal Description | 836 G C PARKS 23.008 ACRES |
| State | TX |
|---|---|
| County | Ellis |
| City | Red Oak |
| Zip Code | 75154 |
| Area | Ellis |
| Community Name | G C Parks |
| Listing VS Median (in G C Parks) | |
Price: $3,750,000 low | high Med: $3,750,000 sqft: 1,002,228 low | high Med: 1,002,228 $ / sqft: $4 low | high Med: $4 On site: 260 low | high Med: 260 | |
| State | TX |
|---|---|
| County | Ellis |
| City | Red Oak |
| Zip Code | 75154 |
| Area | Ellis |
| Community Name | G C Parks |
| Listing VS Median (in G C Parks) | |
Price: $3,750,000 low | high Med: $3,750,000 sqft: 1,002,228 low | high Med: 1,002,228 $ / sqft: $4 low | high Med: $4 On site: 260 low | high Med: 260 | |