Red Oak Texas 75154 Pierce Rd Red Oak, TX 75154
- Land
- 12.50 lot acres
Current Use by Public Records
- Land
Property Details for Red Oak Texas 75154 Pierce Rd
- Lot size
- 12.50 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 12.5-acre property in Red Oak, Texas, presents a unique investment opportunity. Located in unincorporated Ellis County, this versatile land boasts a multitude of potential uses. Currently utilized for agricultural purposes and benefiting from an agricultural exemption, the property is readily adaptable for residential, commercial, or even industrial development, subject to zoning approvals. The entire perimeter is securely enclosed with a sturdy T-post, no-climb, horse fence, ensuring privacy and security. Essential utilities are readily accessible; water and electricity are available, requiring only meter installations. Sewer availability is anticipated in the near future. The property enjoys excellent visibility with 157 feet of frontage along Pierce Road, directly across from Oglesby Road, providing significant exposure. For those seeking an even larger holding, an additional 4 acres are available for purchase, offering the potential for expansion. This property is priced at $1,250,000 and offers a compelling blend of existing agricultural use and significant future development potential. The location in Red Oak, Texas, provides convenient access to nearby amenities and transportation routes. This is a rare opportunity to acquire a substantial parcel of land with diverse development possibilities in a rapidly growing area.
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
- Red Oak
- County
- Ellis
- State
- Texas
- Longitude
- -96.7792
- Latitude
- 32.5167
