Your email has been sent.
Sierra Grande St 2.78 Acres of Commercial Land Offered at $600,000 in Red Oak, TX 75154
Investment Highlights
- Close proximity to I-35 Corridor
- Fully entitled for 32 senior multi-family units
- Flat, efficient site layout ideal for development
Executive Summary
• Entitled for 32 senior multi-family units
• City of Red Oak approvals in place
• All utilities available to site
• Excellent access to I-35E, Ovilla Road, and major retail corridors
• Strong area demographics and limited senior housing supply
• Flat, efficient site layout ideal for development
Data Room Click Here to Access
Property Facts
1 Lot Available
Lot
| Price | $600,000 | Lot Size | 2.78 AC |
| Price Per AC | $215,672.18 |
| Price | $600,000 |
| Price Per AC | $215,672.18 |
| Lot Size | 2.78 AC |
An outstanding site positioned for development or land banking. Ideal for builders, investors, or senior housing operators seeking entry into a high-growth, low-supply submarket.
Description
Located just minutes from I-35E and within easy reach of Dallas and Waxahachie, this site benefits from convenient connectivity while maintaining a community-oriented environment. The area continues to experience rapid population growth and infrastructure investment, driving sustained demand for quality senior housing. Investment Summary • Lot Size: 2.78± Acres • Approved Units: 32 • Zoning: Multifamily (Senior Housing Use Approved) • Utilities: Water, Sewer, and Electric available • Municipality: City of Red Oak, Ellis County, Texas
Property Taxes
| Parcel Number | 230930 | Improvements Assessment | $0 |
| Land Assessment | $339,315 | Total Assessment | $339,315 |
Property Taxes
Presented by
Sierra Grande St
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.