Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    4221 Ensign Rd Ennis, TX 75119

    For Sale
    Contact for pricing

    19.8 Acres, Prime Ennis Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional 19.8-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ennis, Texas. Strategically located near the intersection of Ensign Road and US Highway 287, this property boasts a Regional Mixed Use zoning designation and is situated within a Qualified Opportunity Zone, offering significant tax advantages. All utilities are readily available. The property includes two existing rental homes generating immediate cash flow, located at 4211 Ensign Rd, Ennis, TX 75119. This prime location benefits from the proximity to a major residential development project underway. Lennar Homes is currently developing a 500-acre community (1065 homes) just south of this tract, with site plans approved, two phases platted, and infrastructure nearing completion. Home construction is anticipated to begin this summer, creating significant future demand and value appreciation for this commercial land. Lot sizes within the Lennar development range from 5,000 to 14,000 square feet. The land is priced at $5 per square foot. This presents a compelling opportunity for developers, investors, and businesses seeking a strategic location in a rapidly growing area. Detailed property information and a land ID map are available upon request.

    Property Features for 4221 Ensign Rd

    General Information

    Property type
    Land
    Lot Size
    862,488 SF

    HighLights

    • Qualified Opportunity Zone designation.
    • All utilities available.
    • Adjacent to a Lennar Homes 500‑acre, 1065‑home community development (site plans approved, infrastructure nearing completion).
    • Two existing rental homes at 4211 Ensign Rd, Ennis, TX 75119, providing immediate cash flow.
    • Regional Mixed Use zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Wholesale Shop Auto Parts Store Department Store Storage Facility Carpet & Flooring Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Ennis
    County
    Ellis
    State
    Texas
    Longitude
    -96.62206014
    Latitude
    32.28912067

    Nearby Similar for Sale

    • $1,500,000
      9,876 SF

      Versatile Commercial Property With Storefront

      Commercial property featuring storefront, offices, storage, apartment, and gated access.
      4820 W State Hwy, Ennis, TX 75119
      View Details
    • $890,000
      1,700 SF

      Ennis Ranch with Charming Home

      Charming 3-bed, 2-bath home on 63 acres near IH45.
      2073 Fm 1182, Ennis, TX 75119
      View Details
    • New
      $850,000
      2,566 SF

      Ennis Ranch with Modern Home

      Ranch near Ennis with a like-new, spacious four-bedroom home.
      1019 Gin Rd, Ennis, TX 75119
      View Details
    • $239,900
      0.20 Acres

      Ennis Office Building Near Downtown

      Office building near historic downtown Ennis, Texas, with flexible space.
      607 W Brown St, Ennis, TX 75119
      View Details
    • $270,000
      0.13 Acres

      Ennis, TX Triplex Investment

      Triplex in Ennis, TX, with three income-generating units.
      305 W Waco St, Ennis, TX 75119
      View Details
    • $825,000
      1.00 Acre

      Ennis Industrial Flex Space

      10,000 sq ft industrial building on 1 acre near Dallas.
      2313 N Preston St, Ennis, TX 75119
      View Details

    FAQs

    What type of property is this?
    Land - 19.8 Acres, Prime Ennis Location
    Where is this land located?
    The property is located at 4221 Ensign Rd Ennis, TX.
    What are key features of this property?
    This property features: Qualified Opportunity Zone designation.; All utilities available.; Adjacent to a Lennar Homes 500-acre, 1065-home community development (site plans approved, infrastructure nearing completion).
    Request Owner's contact information
    4221 Ensign Rd Ennis, TX 75119
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    4221 Ensign Rd
    Ennis, TX 75119
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4221 Ensign Rd Ennis, TX 75119
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.