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Unrestricted Development Land Opportunity
For Sale
$8,960,000

0000 FM 983 SW Fm 983 Corner, Red Oak, TX 75154

Land, Red Oak, TX

Property SizeContact for details
Lot Size112.00 Acres
Days on Market56

Property Features for 0000 FM 983 SW Fm 983 Corner

General Information

Property type Land
Property subtype Other
Zoning description Agriculture
Vegetation Grassed
Subdivision L Vaughn
Lot features Acreage
Elementary school Red Oak
Middle school Red Oak
High school Red Oak
Elementary school district Red Oak ISD
Middle school district Red Oak ISD
High school district Red Oak ISD
Directions From I-35 S, Take the Red Oak Exit, take a left onto W Red Oak, W Red Oak Rd becomes Pierce Rd - Turn right onto Pratt Rd., Turn left onto FM 2377 -FM-2377, and continue straight until you see FM 983. The land is at the intersection of FM2377 and FM 983. Opposite a power station.
Standard status Active
APN 191712
Lot size 112.00 Acres

Taxes and HOA fees

Tax Description Property ID: 191712
Tax Annual Amount 363
Legal Description Property ID: 191712

Utilities

Water source Public
Listing Agency: REKonnection, LLC
Listed By: Bernard Sengoll · License #0727280
Added: Jul 10 Changed: Aug 22 Last Checked: Sep 3 at 2:06PM
MLS# 21072867

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

An exceptional development opportunity featuring 112 acres of unrestricted land presented as two contiguous tracts. The property is described as having no zoning restrictions, giving an investor or end user flexibility to plan for residential, commercial, mixed-use, multifamily, or a private estate-style development. Both tracts are eligible for annexation in Red Oak and Ferris, supporting phased planning and future municipal services. Water is available on site, and there is potential for sewer connection approximately 3.5 miles away.

Strategically positioned between I-35 and I-45, the portfolio spans the Red Oak and Ferris areas in Ellis County, Texas. The offering is located about 5 miles from the planned 166-acre Google Data Center and near the Shiloh Downs community. It is also adjacent to the proposed 155-acre Oncor Dallas II campus expansion, which is presented with 262 MW of infrastructure-supported capacity. With access to fast-growing regional demand, the site is positioned for long-term value.

This property is well suited for developers and investors seeking scale and multiple possible end-use paths, especially where annexation and utility considerations matter to project timing. The combination of unrestricted status, annexation eligibility, and regional employment and infrastructure drivers makes it a strong fit for those planning large-format residential, mixed-use, or other master-planned concepts.

Key Highlights

  • 112‑acre multi‑use land portfolio with unrestricted land for residential, commercial, mixed‑use, or private estate development
  • Two contiguous tracts in the Red Oak and Ferris areas, sold together or separately
  • Located between I‑35 and I‑45; both tracts are eligible for annexation (Red Oak and Ferris)

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 75154, TX

45,894
Population
17,170
Households
2.7
Avg Household Size
36
Median Age
31%
College-Educated
88%
High-School Grad
47.8 sq mi
ZIP Area
960
Density / Sq Mi
$96,150
Median Household Income
$48,112
Median Earnings
$1,446
Median Rent
$296,000
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - 112-acre, multi-use land portfolio with annexation eligibility and utilities options for residential, commercial, and mixed-use planning.
Where is this commercial land located?
The property is located at 0000 FM 983 SW Fm 983 Corner Red Oak, TX.
What is the asking price?
The asking price for this property is $8,960,000.
What are key features of this property?
This property features: 112‑acre multi‑use land portfolio with unrestricted land for residential, commercial, mixed‑use, or private estate development; Two contiguous tracts in the Red Oak and Ferris areas, sold together or separately; Located between I‑35 and I‑45; both tracts are eligible for annexation (Red Oak and Ferris)
More about this property
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