Ovilla Rd Waxahachie, TX 75154
- Land
- 1.49 lot acres
Current Use by Public Records
- Land
Property Details for 0 Ovilla Rd
- Lot size
- 1.49 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 1.49-acre property, located at 21A & 22A Bowmar Acres on Ovilla Road in Red Oak, Texas (zip code 75154), presents a remarkable commercial development opportunity. The land is zoned AG Agricultural, allowing for a variety of commercial uses. This offering includes two adjacent parcels sold as a single lot, providing ample space for various projects. The property boasts a highly desirable location on Ovilla Road, a major thoroughfare with high daily traffic counts, providing excellent visibility and accessibility. Ovilla Road offers direct access to Highway 35E and Red Oak's city center, ensuring convenient access for both residents and visitors. A drainage culvert is conveniently located at the northeast corner of the property. The area is experiencing significant growth, with new multifamily developments featuring homes priced from the mid-$300,000s currently under construction nearby. The property's proximity to established businesses such as La Quinta Inn and Suites, Comfort Inn, Walgreens, Walmart Supercenter, Taco Bell, and Dairy Queen, further underscores its potential for success. This prime location within the Dallas-Fort Worth metroplex in Ellis County makes this an ideal investment for commercial development and service expansion catering to the growing Red Oak community. The asking price for this exceptional property is $759,900.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waxahachie
- County
- Ellis
- State
- Texas
- Longitude
- -96.878
- Latitude
- 32.4691
