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Red Oak Multifamily Development Opportunity
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Pending

100 Lake Trail Dr, Red Oak, TX 75154

23-acre residential multifamily zoned land in Red Oak, Texas.

Property Size1,002,228 SF
Lot Size23.01 Acres
Days on Market168

Property Features for 100 Lake Trail Dr

General Information

Standard status Pending
Size 1,002,228 SF
Lot size 23.01 Acres
Property subtype Land, Multifamily
Listing Agency: Tero
Listed By: Dustin Jordan · License #0661824
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 8 at 6:35AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tero

Investment Insights

Based on property information with market context.

This 23.008-acre tract is located within the city limits of Red Oak, Texas, and is zoned Residential Multifamily. The property offers potential for a multifamily or apartment development, subject to site plan approval. Water and sewer access are available. Situated approximately 0.75 miles from Interstate 35, the site provides regional access and proximity to retail, employment centers, and residential neighborhoods. The location benefits from growth along the I-35 corridor. This property is suited for developers seeking scale, visibility, and long-term demand in a high-growth submarket of Ellis County.

Key Highlights

  • 23.008‑acre tract zoned Residential Multifamily, ideal for apartment development (subject to approval).
  • Located within Red Oak city limits with access to water and sewer.
  • Excellent regional access**: approximately 0.75 miles from Interstate 35.

Property Analytics

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Big Box & Wholesale Store Building Supply Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

286
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?
Residential land & home lot - 23-acre residential multifamily zoned land in Red Oak, Texas.
Where is this residential land & home lot located?
The property is located at 100 Lake Trail Dr Red Oak, TX.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: 23.008‑acre tract zoned Residential Multifamily, **ideal for apartment development** (subject to approval).; Located within Red Oak city limits with access to water and sewer.; Excellent regional access**: approximately 0.75 miles from Interstate 35.
(972) 777-4141 Call to check price and availability
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