Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    727 E Ovilla Rd Red Oak, TX 75154

    For Sale
    $2,600,000

    Unimproved Land - Red Oak, TX

    Type:Unimproved Land
    Lot size:
    23.83 Acres
    Days on Market:
    107
    Last Refresh:
    Dec 12 at 12:06 pm

    Property Features for 727 E Ovilla Rd

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    186860
    Lot size
    23.83 Acres

    Building Details

    Architectural style
    Other

    All City Real Estate, Ltd. Co. (512) 957-9044 [email protected]

    Listing agent Lorri Dyess (866) 277-6005 License #0670217

    Listing date Aug 28, 2025

    MLS# 20702256 Listing URL

    Copyright © 2025 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.

    Overview

    23.83 Acres Prime Red Oak Land

    This is a rare opportunity to own 23.83 acres of prime land in Red Oak, Texas, situated on one of the most sought-after, visible roads in the area. The property offers a perfect blend of rural tranquility and convenient accessibility, making it ideal for a variety of uses or future development. With open spaces and mature trees at the back portion of the acreage, this expansive tract provides a natural beauty. Its strategic location offers close proximity to key amenities, schools, and major highways, ensuring high demand and growth potential. Whether you are looking to invest or develop, this land is a rare find in a rapidly growing community. This sale also includes 731 E. Ovilla Rd., 2 acres with a brick house built in 1965. The house has 3 bedrooms, 1 bath (with a previous attempt to add a 2nd bath), and a 2-car attached garage, along with additional outbuildings. A plat and survey are available, including both properties.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Auto Repair Shop Hotel & Motel Gym & Fitness Auto Parts Store Kitchen & Bath Accounting Firm HVAC Service Garden Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.772855
    Latitude
    32.529134

    Nearby Similar for Sale

    • $200,000
      0.21 Acres

      Updated Commercial Building in Red Oak

      Updated commercial building in prime Red Oak location for sale.
      329 N State Highway 342, Red Oak, TX 75154
      View Details
    • $350,000
      0.23 Acres

      Red Oak Commercial Opportunity

      Commercial building in Red Oak, TX, suitable for various businesses.
      405 N State Highway 342, Red Oak, TX 75154
      View Details
    • $799,999
      1.00 Acre

      Red Oak Flexible Office Space

      Office and warehouse space in Red Oak, near I-35E.
      650 S Interstate 35 Rd, Red Oak, TX 75154
      View Details
    • $960,000
      1.51 Acres

      Red Oak Office Opportunity

      Commercial opportunity in Red Oak, just off newly renovated Ovilla Rd.
      2611 Ovilla Rd, Red Oak, TX 75154
      View Details
    • $499,000
      0.37 Acres

      Red Oak Industrial Flex Space

      3,000 SF flex space suitable for various commercial uses.
      307 N State Highway 342, Red Oak, TX 75154
      View Details
    • $3,500,000
      5.02 Acres

      Red Oak Income Opportunity

      Property with houses, mobile homes, taxidermy shop, and billboard.
      404 S Interstate 35 Rd, Red Oak, TX 75154
      View Details

    FAQs

    What type of property is this?
    Land - Prime land in Red Oak, TX, ideal for development.
    Where is this land located?
    The property is located at 727 E Ovilla Rd Red Oak, TX.
    What is the asking price?
    The asking price for this property is $2,600,000.
    What are key features of this property?
    This property features: - 23.83 acres of prime land in a sought-after, visible location in Red Oak, Texas.; - Includes an additional 2-acre property with a 3-bedroom, 1-bath brick house (731 E. Ovilla Rd.).; - Ideal for various uses or future development due to its size and location.
    (866) 277-6005
    Request Owner's contact information
    727 E Ovilla Rd Red Oak, TX 75154
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    727 E Ovilla Rd
    Red Oak, TX 75154
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    727 E Ovilla Rd Red Oak, TX 75154
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.