Red Oak Multifamily Development
For Sale
$3,750,000
Pending
100 Lake Trail Drive, Red Oak, TX 75154
23-acre residential multifamily zoned land in Red Oak, Texas.
Property Size1 SF
Lot Size23.01 Acres
Days on Market313
Property Features for 100 Lake Trail Drive
General Information
Standard status
Pending
Size
1 SF
Lot size
23.01 Acres
Property subtype
Commercial
Zoning
Residential/multifamily Located within PD 6
Building Details
Year Built
2010
Listing Agency:
Tero Real Estate
Listed By:
Sam Jenkins · License #0788992
(972) 777-4141
Source:
Reflectrealestate
Added: Nov 5, 2025
Changed: Sep 5
Last Checked: Sep 13 at 3:23AM
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 Real Estate
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
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Current Use
Location Intelligence
Trade Area within ½ mile
286
Businesses Nearby
Explore this area
Business Placement
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
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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 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 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.
