Zoned Multifamily Development
100 Lake Trail Drive Red Oak, TX 75154
100 Lake Trail Drive, Red Oak, TX, 75154
$3,750,000
Pending
For Sale
$3,750,000
Pending
LAND - Red Oak, TX
Lot Size23.01 Acres
Days on Market31
Property Features for 100 Lake Trail Drive
General Information
- Property type
- Land
- Property subtype
- Other
- Property condition
- Under Construction
- Standard status
- Pending
- APN
- 277071
- Lot size
- 23.01 Acres
Taxes and HOA fees
- Tax Description
- 836 G C PARKS 23.008 ACRES
- Tax Annual Amount
- 15900
Utilities
- Water source
- Public
Building Details
- Year built
- 2010
- Floors in Building
- 1
Listing Agency
Tero Real Estate
(972) 777-4141
Waxahachie, TX
Listed by
Sam Jenkins · License #0788992
(972) 777-4141
Added: Jun 19 Checked: Jul 19 at 1:06 am
MLS# 21160428
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Investment Insights
Based on property information with market context.
Prime 23.008-acre tract located within the city limits of Red Oak, Texas. The property offers access to water and sewer and is zoned Residential Multifamily, creating a straightforward foundation for a multifamily or apartment development. Final site plan approval will be required before any project can move forward.
The site is positioned within the Red Oak market and sits about 0.75 miles from Interstate 35, supporting strong regional connectivity. It is also positioned close to retail, employment centers, and growing residential neighborhoods, which may be attractive for developers seeking sustained demand in Ellis County.
This land is best suited for residential developers and investors looking to pursue a larger-scale multifamily concept where zoning already aligns with the intended end use. With city utility access and a multifamily designation, the property offers a practical platform for planning and entitlement, subject to the site plan approval process.
The site is positioned within the Red Oak market and sits about 0.75 miles from Interstate 35, supporting strong regional connectivity. It is also positioned close to retail, employment centers, and growing residential neighborhoods, which may be attractive for developers seeking sustained demand in Ellis County.
This land is best suited for residential developers and investors looking to pursue a larger-scale multifamily concept where zoning already aligns with the intended end use. With city utility access and a multifamily designation, the property offers a practical platform for planning and entitlement, subject to the site plan approval process.
Key Highlights
- 23.008‑acre tract in Red Oak, TX, within city limits and zoned Residential Multifamily
- Access to public water and sewer
- Approximately 0.75 miles from Interstate 35 for regional transportation access
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Residential land & home ...
Similar For Sale Nearby
FAQs
What type of property is this?
Residential land & home lot - Large tract in Red Oak with city utilities and multifamily zoning for apartments, subject to site plan approval.
Where is this residential land & home lot located?
The property is located at 100 Lake Trail Drive 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 in Red Oak, TX, within city limits and zoned Residential Multifamily; Access to public water and sewer; Approximately 0.75 miles from Interstate 35 for regional transportation access
