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Investment Highlights

  • 1031 Package Portfolio, Freeway Zoned Land, Apts, Build-to-Rent, Town-Home Commercial Approved 1040 Residential Units, Water & Sewer. Package Attached

Executive Summary

1031 Package Portfolio, Freeway Zoned Land, Apts, Build-to-Rent, Town-Home, Commercial, Industrial, Approved 1,040 Residential Units, Water & Sewer to Site
Package & Pricing Attached
Bulk Portfolio Price all 3 Parcels $7,101,617
Call Austin Olsen Landowner 602-614-9383
Make All Offers
NORTH OF HWY 287
1-A, Zoned 20.4 acres MF2 Multifamily 22 units per acre. $3.06 per foot. (Bulk Land Package $2.52 sf) Up to 440 Units $7,128 per unit
1-B, Zoned 37 +/- acres Townhome 16 units per acre. $2.68 per foot. (Bulk Land Package $2.21 sf) Up to 656 Units. $8,575 per unit
1-C, Zoned 10.9 +/- acre Corridor Commercial $3.95 per foot (Bulk Price $2.77 sf)
More Details:
Approximately 2.5 miles from Interstate I-45
About 30 miles south of Dallas
Ennis Growth rate of 4.67% annually, one of the fastest growing Cities in TX. 28.7% increase since 2020
Water, sewer, power to the property: All Zoned parcels North of Hwy 287 have utilities to the site.
Curb, gutter, and sidewalk. Near major intersections with off ramps.
Near new 1,100 unit Lennar Homes Subdivision, Ennis Jr. High and High School.
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 300+ jobs.
Call Austin Olsen 602-614-9383

Property Facts

Sale Type Investment or Owner User
No. Lots 3
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Industrial
  • Retail
  • Office
  • Mixed Use
  • Multifamily
  • Hospitality
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Auto Dealership
  • Bank
  • Carwash
  • Daycare Center
  • Distribution
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Hold For Investment
  • Master Planned Community
  • Medical
  • Neighborhood Center
  • Outlet Center
  • Planned Unit Development
  • Police or Fire Station
  • Regional Mall
  • Religious Facility
  • Restaurant
  • Schools
  • Storefront, Retail or Office
  • Warehouse
  • Single Family Residence
Total Lot Size 68.30 AC
Zoning Zoned - 1040 Units Approved & Zoned MF2 Multifamily 22 Units per Acre Town Homes 16 Units per Acre Corridor Commercial

3 Lots Available

Lot 1-C

Lot Size 10.90 AC

1031 Exchange Portfolio Approved 1,040 units Divisible Tract 1-C, 10.9 +/- ac Zoned Commercial price $3.95 per SF Bulk Price $2.77SF Freeway Frontage Water & Sewer to Site TxDOT approved driveways Curb & sidewalk on frontage Austin Olsen 602-614-9383

Lot 1-A

Lot Size 20.40 AC

1031 Exchange Portfolio Tract 1-A, 20.4 ac Zoned Apartment MF2 Multi-family Land $3.06 per SF. Bulk Package Price $2.52 SF 22 units/ac 440 Units $7,128 per unit. Water Sewer to Site TxDOT approved driveways Great Location Austin Olsen 602-614-9383

Lot 1-B

Lot Size 37.00 AC

1031 Exchange Portfolio Approved 1,040 units Tract 1-B, 37 +/- Acres Buildable Zoned Townhome. $2.68 SF, Bulk $2.21 SF Total Acreage is 52.349 16 unit/acre. $8,575 Per unit 600+/- units Water Sewer TxDOT approved driveways Austin Olsen 602-614-9383

Description

1031 Package Portfolio, Freeway Zoned Land, Apts, Build-to-Rent, Town-Home, Commercial, Industrial, Approved 1040 Residential Units, Water & Sewer Package & Pricing Attached Bulk Portfolio Price all 3 Parcels $7,101,617 Call Austin Olsen Landowner 602-614-9383 Make All Offers NORTH OF HWY 287 1-A, Zoned 20.4 acres MF2 Multifamily 22 units per acre. $3.06 per foot. (Bulk Land Package $2.52 sf) Up to 440 Units $7,128 per unit 1-B, Zoned 37 +/- acres Townhome 16 units per acre. $2.68 per foot. (Bulk Land Package $2.21 sf) Up to 656 Units. $8,575 per unit 1-c, Zoned 10.9 +/- acre Corridor Commercial $3.95 per foot (Bulk Price $2.77 sf) More Details: Approximately 2.5 miles from Interstate I-45 About 30 miles south of Dallas Ennis Growth rate of 4.67% annually, one of the fastest growing Cities in TX. 28.7% increase since 2020 Water, sewer, power to the property: All Zoned parcels North of Hwy 287 have utilities to the site. Curb, gutter, and sidewalk. Near major intersections with off ramps. Near new 1,100 unit Lennar Homes Subdivision, Ennis Jr. High and High School. 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 300+ jobs. Call Austin Olsen 602-614-9383

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 179941
  • 189960
Land Assessment
$13,908
Improvements Assessment
$14,640
Total Assessment
$28,548
  • Listing ID: 25020841

  • Date on Market: 2/9/2022

  • Last Updated:

  • Address: Ensign Road & Hwy 287, Ennis, TX 75119

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