Zoned Multifamily Development
For Sale
$3,750,000
Pending
100 Lake Trail Drive, Red Oak, TX 75154
CommercialSale, Red Oak, TX
Property SizeContact for details
Lot Size23.01 Acres
Days on Market76
Property Features for 100 Lake Trail Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Property condition
Under Construction
Zoning description
Residential/multifamily Located within PD 6
Subdivision
G C Parks
Lot features
Acreage, Few Trees
Directions
From IH35, head East on W. Red Oak Rd for .7 miles. Take a left onto Lake Trail Dr. and property will be on your right.
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
Legal Description
836 G C PARKS 23.008 ACRES
Utilities
Water source
Public
Building Details
Year built
2010
Floors in Building
1
Listing Agency:
Tero Real Estate
(972) 777-4141
Listed By:
Sam Jenkins · License #0788992
(214) 801-6075
Added: Jun 19
Changed: Aug 21
Last Checked: Sep 2 at 5:06PM
MLS# 21160428
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.
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
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
224
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
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 - 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
