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1057 Rudd Rd - 20 ac Zoned Muti-Family Apts Land 20.8 Acres of Residential Land Offered at $2,709,084 in Ennis, TX 75119
Executive Summary
20.8 acres Zoned MF2 20 units per acre. $2.99 per foot. Up to 416 units. $6,512.22 per unit.
Great location not far from Hwy 287 and I-45
Approximately 1.6 miles from Interstate I-45
Approximately 0.25 miles from Hwy 287.
Final Plat approved in Hand
Water 300ft away.
Sewer 1300 ft away.
The City of Ennis is currently dealing with downstream sewer capacity problems. The City's downstream sewer lines are at or near capacity nearly City wide. That said, I believe creative solutions exist to solve the sewer challenges for each of these sites. Opportunities we can explore to establish a connection include a septic system, decentralized sewer package plant, or helping Ennis solve part of their challenge.
Ennis Growth rate of 4.67% annually, one of the fastest growing Cities in TX. 28.7% increase since 2020Near new 1,100 unit Lennar Homes Subdivision, Ennis Jr. High and High School.
5100+ new homes in development and more than 9,500 in planning stages.Property near major manufacturers and distribution centers: Fresh Pet, Sterilite, Lowes, CVS, and more.Loloi, a home decorations and rug manufacturer, is building an approximately 1.4 million square foot facility less than a mile away, which just broke ground. This is creating approximately 270 jobs.
Great location not far from Hwy 287 and I-45
Approximately 1.6 miles from Interstate I-45
Approximately 0.25 miles from Hwy 287.
Final Plat approved in Hand
Water 300ft away.
Sewer 1300 ft away.
The City of Ennis is currently dealing with downstream sewer capacity problems. The City's downstream sewer lines are at or near capacity nearly City wide. That said, I believe creative solutions exist to solve the sewer challenges for each of these sites. Opportunities we can explore to establish a connection include a septic system, decentralized sewer package plant, or helping Ennis solve part of their challenge.
Ennis Growth rate of 4.67% annually, one of the fastest growing Cities in TX. 28.7% increase since 2020Near new 1,100 unit Lennar Homes Subdivision, Ennis Jr. High and High School.
5100+ new homes in development and more than 9,500 in planning stages.Property near major manufacturers and distribution centers: Fresh Pet, Sterilite, Lowes, CVS, and more.Loloi, a home decorations and rug manufacturer, is building an approximately 1.4 million square foot facility less than a mile away, which just broke ground. This is creating approximately 270 jobs.
Property Facts
| Price | $2,709,084 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 20.80 AC |
| Property Type | Land | ||
| Zoning | Apartments MF-2 - Multi Family | ||
| Price | $2,709,084 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 20.80 AC |
| Zoning | Apartments MF-2 - Multi Family |
1 Lot Available
Lot
| Price | $2,709,084 | Lot Size | 20.80 AC |
| Price Per AC | $130,244.42 |
| Price | $2,709,084 |
| Price Per AC | $130,244.42 |
| Lot Size | 20.80 AC |
Call Austin Olsen 602-614-9383 Zoned MF-2 Multi-Family Apartment Land (20+ units per acre) $2.99 SF, 20.8 +/- acres Adjacent to $600 Million in Fortune 500 Co. Water 300ft away Sewer 1300ft away Limited sewer capacity (see property description below)
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 235323 | Improvements Assessment | $0 |
| Land Assessment | $1,755 | Total Assessment | $1,755 |
Property Taxes
Parcel Number
235323
Land Assessment
$1,755
Improvements Assessment
$0
Total Assessment
$1,755
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1057 Rudd Rd - 20 ac Zoned Muti-Family Apts Land
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