4221 Ensign Rd Ennis, TX 75119
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.