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    W Ovilla Rd Red Oak, TX 75154

    For Sale
    $675,000

    Unimproved Land - Red Oak, TX

    Type:Unimproved Land
    Lot size:
    1.49 Acres
    Days on Market:
    221
    Last Refresh:
    Dec 11 at 2:06 am

    Property Features for W Ovilla Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    148057
    Lot size
    1.49 Acres

    Building Details

    Year built
    1800
    Architectural style
    Other

    Tero Partners (972) 777-4141

    Listing agent Tim Cummings (972) 777-4141 License #0616082

    Listing date May 5, 2025

    MLS# 20919893 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

    Red Oak Commercial Land Available

    This 1.49-acre commercial lot is located at the corner of Ovilla Road and Valley View Avenue in Red Oak, Texas. The property is an attractive site for a retailer, quick-service restaurant, or family restaurant. Comprising two separate parcels sold as one lot, the site has access to city water and sewer services. The property is situated less than a mile from Interstate 35 and directly across from established residential neighborhoods.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Red Oak
    County
    Ellis
    State
    Texas
    Longitude
    -96.83507875
    Latitude
    32.53143129

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    FAQs

    What type of property is this?
    Commercial land - 1.49 acre commercial lot suitable for retail or restaurant.
    Where is this commercial land located?
    The property is located at W Ovilla Rd Red Oak, TX.
    What is the asking price?
    The asking price for this property is $675,000.
    What are key features of this property?
    This property features: - High-traffic location at the corner of Ovilla Rd and Valley View Ave.; - 1.49 acre lot suitable for retailer, QSR, or family restaurant.; - Two separate parcels sold as one lot.
    (972) 777-4141
    Request Owner's contact information
    W Ovilla Rd Red Oak, TX 75154
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    Red Oak, TX 75154
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    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
    W Ovilla Rd Red Oak, TX 75154
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