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Investment Highlights

  • 8.09 AC tract near TX-34 & Old Telico Rd – prime Ennis location
  • Located in an Opportunity Zone – potential tax incentives
  • Strong demographics: Median HH Income $70 K within 3 miles
  • Surrounded by major retailers (Walmart, CVS, Planet Fitness, Chick-fil-A)
  • Rapid residential growth – 5,000 + new units planned or under way
  • Ennis investing $59 M in infrastructure and downtown improvements

Executive Summary

Exceptional 8.09-acre development tract in Ennis, TX, positioned just off TX-34 (Ennis Ave) and Old Telico Rd with excellent frontage and access. The property is located a stone’s throw from the upcoming H-E-B anchored retail development, which will include national retailers such as Boot Barn, Burlington, Ulta, Marshalls, Five Below, and PetSmart.
Ennis is one of the fastest-growing communities south of Dallas, supported by over $59 million in infrastructure investments and the construction of 5,000+ new residential units by 2030. Nearby projects include Prairieview (1,065 homes), Bluffview (650 units), and Cardinal Crossing (448 lots).
This tract lies within a designated Opportunity Zone, offering potential tax advantages for qualified investors. Surrounded by established retailers including Walmart, CVS, Planet Fitness, Chick-fil-A, Tractor Supply, and Denny’s, the site benefits from excellent visibility and a growing retail and residential base. Ideal for retail, multifamily, or mixed-use development.

Property Facts

Price $2,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Single Family Development
Total Lot Size 8.09 AC
Opportunity Zone Yes
Zoning R-10 or Other - The zoning is currently for residential. but, the City of Ennis will entertain changes to Corridor Commercial, which is wide ranging.

1 Lot Available

Lot

Price $2,500,000
Price Per AC $309,023.49
Lot Size 8.09 AC

Prime 8.09-acre tract near TX-34 & Old Telico Rd in Ennis. Excellent visibility and I-45 access in an Opportunity Zone. Ideal for retail, mixed-use, or multifamily development near new H-E-B retail project.

Description

Prime 8.09-acre tract located near the intersection of TX-34 (Ennis Avenue) and Old Telico Road in the fast-growing city of Ennis, Texas. This property sits within an Opportunity Zone and offers outstanding visibility, level topography, and direct access to I-45, one of the region’s primary routes to Dallas (˜ 35 minutes north). The site is positioned a stone’s throw from the new proposed H-E-B-anchored retail development, which will include national brands such as Boot Barn, Burlington, Ulta, Marshalls, Five Below, and PetSmart. The immediate area features strong commercial anchors—Walmart, CVS, Planet Fitness, Tractor Supply, Chick-fil-A, Denny’s, and Bealls—providing an established retail base and daily traffic draw. Ennis Market Overview: Ennis is one of the fastest-growing communities in Ellis County, supported by a $59 million city infrastructure and downtown revitalization program. The city has a population of roughly 19,000 within limits and a retail trade area exceeding 43,000 residents—expected to rise 6 percent by 2024. More than 1.1 million annual visitors come for the Texas Motorplex, Bluebonnet Trails, and numerous festivals. Residential expansion is accelerating, with over 5,000 new units planned by 2030 and 2,550 units under development today. Notable nearby projects include Prairieview Subdivision (1,065 homes / $275 M), Bluffview Community (650 units / $218 M), and Cardinal Crossing (448 lots). This sustained growth is fueling strong demand for both retail and multifamily developments along the TX-34 corridor. Site Characteristics: • Acreage: 8.09 AC (three contiguous parcels) • Topography: Level / Raw Land • Zoning: R-10 Residential – Opportunity Zone • Utilities: Water, Sewer, Electric available (verify) • Access: Paved frontage on TX-34 and Old Telico Rd • Visibility: Excellent exposure to local and commuter traffic • Improvements: None (clean slate for development) Development Potential: This property is ideally suited for commercial, mixed-use, or residential development, capitalizing on Ennis’s rapid expansion and the momentum created by the upcoming H-E-B retail hub. Investors may benefit from Opportunity Zone tax incentives and a highly favorable location amid a balanced blend of new housing and national retail. The tract’s proximity to I-45, robust population growth, and strong civic investment make it one of the most strategic parcels available in the southern Dallas–Ellis County corridor.

Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 185433
  • 185425
  • 185427
Land Assessment
$1,783
Improvements Assessment
$0
Total Assessment
$1,783
  • Listing ID: 38374504

  • Date on Market: 11/7/2025

  • Last Updated:

  • Address: State Highway 34, Ennis, TX 75119

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