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Red Oak, TX Apartment Buildings for Sale

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Two-Story Vertical Mixed-Use Property
Updated: Jul 14
Two-Story Vertical Mixed-Use Property

213 S State Highway 342, Red Oak, TX 75154

$3,750,000
Nearly full 24‑unit brick two‑story vertical mixed‑use building built in 2007
Ground‑level retail/office with 9 of 10 spaces leased
Second‑level residential apartments with 9 of 10 units leased
Live/work vertical mixed‑use setup (shop top housing)
Ample on‑site parking
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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Red Oak, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Single-Family Development Parcel
Single-Family Development Parcel

1501-Lot 5 1501-Lot 5 E Belt Line Rd, Wilmer, TX 75172

$4,803,796
69.00 AC lot

Lot 5 offers PD single-family homes with 28 units on 18.38 acres, with half-acre lot sizes.

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Divisible Mixed-Use Development Site
Divisible Mixed-Use Development Site

1501 E Belt Line Rd, Wilmer, TX 75172

$21,770,325
69.00 AC lot

A 69-acre mixed-use site offering multiple build-to-suit product types, including retail, hotel, and office/warehouse options.

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Garden-Style Multifamily Community
Garden-Style Multifamily Community

825 E Pleasant Run Rd, Desoto, TX 75115

Contact for pricing

196-unit garden-style multifamily property built in 1983 with strong on-site unit configuration and roadway access.

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Renovated Townhome-Style Apartment Community
Renovated Townhome-Style Apartment Community

514 E Belt Line Rd, Desoto, TX 75115

Contact for pricing
0.87 AC lot

Renovated 14-unit community with two two-story buildings, updated two-bedroom layouts, and on-site parking.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Commercial Buildable Land Parcel
Commercial Buildable Land Parcel

801 NW 36th Avenue, Norman, OK 73072

$250,000
0.74 AC lot

Buildable lot with approximately 370 feet of frontage on NW 36th Avenue and soil/engineering testing already completed.

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Buildable Lot for Luxury Condos
Buildable Lot for Luxury Condos

801 36th Ave NW, Norman, OK 73072

$285,000
0.74 AC lot

0.74 acre buildable lot zoned for low-density apartments.

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Ocean Springs Highway 90 Land
Ocean Springs Highway 90 Land

Bienville Blvd, Ocean Springs, MS 39564

$675,000
143,748 sqft 3.30 AC lot

3.3 acre commercial land on Highway 90, Ocean Springs.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Red Oak, TX Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Red Oak, TX on our real estate platform.

Sale prices for two-family homes in Red Oak, TX average $3,750,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 50K
Population Growth (5Y) +25.6%
Median Household Income $96,150
College Educated 43.1%

High-Yield Neighborhoods for Investment

Identify Red Oak submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
75154 $3.8M

Taxes & Financing

Tax Rate (average for all types) 1.60%
Property Tax per SF $27.04 per SF
Tax Rate vs County Average 0.01 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Ellis County

New Delisted

Total CRE Inventory on Market (SF)

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