4221 Ensign Rd Ennis, TX 75119
- Land
- 19.80 lot acres
Current Use by Public Records
- Land
Property Details for 4221 Ensign Rd
- Lot size
- 19.80 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ennis
- County
- Ellis
- State
- Texas
- Longitude
- -96.6221
- Latitude
- 32.2891
