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Hard-Corner Land Parcel
For Sale
$1,750,000

342 Highway 342, Red Oak, TX 75154

Seven-acre land parcel at the intersection of SH 342 and E Ovilla Road.

Property Size316,681 SF
Price / SF$5.53
Days on Market134

Property Features for 342 Highway 342

General Information

Standard status Active
Size 316,681 SF
Property subtype Lots & Acreage / Unimproved Land

Amenities

No
Listing Agency: Keller Williams Rockwall
Listed By: Blake Bailey · License #0660457
Source: Compass
Added: Apr 20 Changed: Aug 30 Last Checked: Aug 31 at 1:58AM

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 Keller Williams Rockwall

Investment Insights

Based on property information with market context.

This 7.27-acre land parcel occupies the northwest corner of SH 342 and E Ovilla Road in Red Oak, TX. The site provides 3,163sf of frontage along SH 342 and just under 100ft along E Ovilla Road, which is currently being expanded.

The property is positioned 1.8 miles east of I-35 and 1.45 miles south of Loop 9. A Google Data Center is located nearby, adding a significant established destination to the immediate surroundings. The parcel’s corner placement and access to two roadways define its physical setting.

Key Highlights

  • 7.27‑acre parcel at the northwest corner of SH 342 and E Ovilla Road
  • 3,163sf of frontage along SH 342
  • Just under 100ft of frontage along E Ovilla Road

Property Analytics

Current Use

Land

Suggested Use

Top Pick Real Estate Agency Big Box & Wholesale Store Restaurant Pharmacy Auto Parts Store HVAC Service

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

274
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?
Land - Seven-acre land parcel at the intersection of SH 342 and E Ovilla Road.
Where is this land located?
The property is located at 342 Highway 342 Red Oak, TX.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: 7.27‑acre parcel at the northwest corner of SH 342 and E Ovilla Road; 3,163sf of frontage along SH 342; Just under 100ft of frontage along E Ovilla Road
More about this property
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