Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Red Oak Title is generated by Realmo AI

    Tbd Carson Street, Red Oak, TX 75154

    View on Map
    Claim this Listing
    For Sale
    $124,900

    Unimproved Land - Red Oak, TX

    Type:Unimproved Land
    Lot size:
    0.47 Acres
    Added:
    Jan 27, 2026
    Days on Market:
    125
    Last Refresh:
    Jun 1 at 10:06 am

    Property Features for Tbd Carson Street

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    169210
    Lot size
    0.47 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Margarita Hayden

    Listing agent Margarita Hayden License #0703413

    Listing office Bian Realty 4436 Big Sky Dr., The Colony, TX

    Listing date Jan 27, 2026

    MLS# 21083759 Listing URL

    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.

    HighLights

    • Two Lots Included: Purchase includes two separate lots.
    • Almost ½ Acre: Total land area is almost half an acre.
    • Investor/Builder Opportunity: Ideal for development projects.
    • Zoned Residential: Property is zoned for residential use.
    • Prime Location: Located in the heart of Red Oak.
    • Legal Descriptions Provided: Legal descriptions 169210 & 169211 are specified.

    Overview

    Two residential lots, identified as lots 13 and 14, are available in Red Oak, Texas. The combined area of the lots is approximately 0.471 acres. Zoned for residential use, these lots offer an opportunity for investors or builders looking to develop property. Interested parties should confirm intended use with the city of Red Oak.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.824519
    Latitude
    32.529105

    Nearby Similar for Sale

    • $850,000
      1,600 SF

      High-Traffic Retail Building in Red Oak

      Freestanding retail building on a high-traffic corner lot.
      276 Lesliewood, Red Oak, TX 75154
      View Details
    • $760,000
      4,861 SF

      Corner Lot Mixed-Use Property

      High-visibility corner lot with income potential in a growing area.
      601 Houston School Road, Red Oak, TX 75154
      View Details
    • $950,000

      Red Oak Retail Opportunity

      Retired gas station on 0.666 acres with redevelopment potential.
      300 S Interstate 35 Road, Red Oak, TX 75154
      View Details
    • $619,000

      Red Oak Commercial Corner Tract

      Prime commercial land with highway frontage in Red Oak, Texas.
      Lot 12b Hawk Lane, Red Oak, TX 75154
      View Details
    • $900,000

      Red Oak Warehouse Opportunity

      High-visibility warehouse in a growing Red Oak community.
      490 N State Highway 342, Red Oak, TX 75154
      View Details
    • $190,000

      Updated Office in Red Oak

      Commercial property with updates and high traffic frontage.
      329 N State Highway 342, Red Oak, TX 75154
      View Details
    • $2,000,000

      Red Oak Duplex Investment Opportunity

      Turnkey 8-unit duplex in growing Red Oak, Texas.
      600 Pratt Road, Red Oak, TX 75154
      View Details
    • $1,557,000

      6.5 Acres in Red Oak

      Unimproved land suitable for industrial or commercial development.
      00 N State Highway 342, Red Oak, TX 75154
      View Details
    • $1,200,000

      21 Acres Land in Red Oak

      21 acres of land suitable for residential, agricultural, commercial use.
      1851 Stainback Road, Red Oak, TX 75154
      View Details
    • $130,000

      Red Oak Unimproved Land Available

      Commercial land for sale in Red Oak, Texas.
      103 S Lenard Street, Red Oak, TX 75154
      View Details
    • $379,000

      Land with Highway Frontage

      Commercial land with high visibility and utilities ready for development.
      325 State Highway 342, Red Oak, TX 75154
      View Details
    • $675,000

      Red Oak Commercial Land Available

      1.49 acre commercial lot suitable for retail or restaurant.
      Tbd 1.49 Acre Ovilla Road, Red Oak, TX 75154
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Two residential lots totaling almost 0.5 acres in Red Oak.
    Where is this residential land & home lot located?
    The property is located at Tbd Carson Street Red Oak, TX.
    What is the asking price?
    The asking price for this property is $124,900.
    What are key features of this property?
    This property features: Two Lots Included: Purchase includes two separate lots.; Almost ½ Acre: Total land area is almost half an acre.; Investor/Builder Opportunity: Ideal for development projects.
    (972) 267-4400
    We can help!
    Listing Contact
    Margarita Hayden
    Real Estate License ID: 0703413
    Request Owner's contact information
    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.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Tbd Carson Street, Red Oak, TX 75154
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!