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Investment Highlights

  • Hard Corner
  • No deed restrictions
  • Heavy Traffic

Executive Summary

Ellis CAD incorrectly recoded the eminent domain sale to TXDOT, so CAD acreage and lot lines are incorrect. We are in the process of having the county correct the error. This property is a single 7.27 acre parcel, not divided as county records show. Please see survey for accurate lot lines and easement locations. No known restrictions, minerals do not convey.

Attachments

Survey

Financial Summary (Actual - 2026) Click Here to Access

Annual Annual Per AC
Taxes $99,999 -
Operating Expenses $99,999 -
Total Expenses $99,999 -

Financial Summary (Actual - 2026) Click Here to Access

Taxes
Annual $99,999
Annual Per AC -
Operating Expenses
Annual $99,999
Annual Per AC -
Total Expenses
Annual $99,999
Annual Per AC -

Property Facts

Price $1,750,000
Sale Type Investment or Owner User
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Mixed Use
  • Carwash
  • Fast Food
  • Hold For Development
  • Hold For Investment
  • Industrial Park
  • Parking Lot
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Unknown
  • Warehouse
  • Agricultural
Total Lot Size 7.27 AC
Cross Streets E Ovilla Road
Zoning Ag/Tim - Currently Ag/Improved Pasture

1 Lot Available

Lot

Price $1,750,000
Price Per AC $240,715.27
Lot Size 7.27 AC

HARD CORNER, 7.27 ACRES. Northwest corner of SH 342 and E Ovilla Road in Red Oak, TX. 3,163sf of frontage along SH 342 and just under 100ft of frontage along E Ovilla Road. CAD Records are inaccurate, please refer to survey. No known restrictions.

Description

HARD CORNER, 7.27 ACRES. This property is located at the northwest corner of SH 342 and E Ovilla Road in Red Oak, TX. The 7.27 acre parcel has 3,163sf of frontage along SH 342 and just under 100ft of frontage along E Ovilla, which is currently being expanded. Located 1.8 miles East of I-35, 1.45 miles south of Loop 9, and within a few steps of the Google Data Center. Please contact Listing Agent Blake Bailey for more information or questions regarding this property.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
  • Listing ID: 40217651

  • Date on Market: 4/20/2026

  • Last Updated:

  • Address: State Highway 342 Hwy, Red Oak, TX 75154

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