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Property profile & analytics
OFF-MARKET
Land

0 Liska Rd Ennis, TX 75119

5.32 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.32-acre agricultural property is strategically located on the south side of Highway 287, between Ensign Road and FM 1183 in Ennis, Ellis County, Texas (zip code 75119). Currently zoned agricultural, this land presents significant development opportunities given its proximity to new roads, improved exits and landscaping along Highway 287, reflecting the area's ongoing redevelopment. The property, part of a larger 14-acre parcel, was subdivided due to the Highway 287 expansion. Note that this property lies within a designated flood zone. A significant advantage is the imminent installation of an 8-inch water line by Rice Water, extending from Ensign Road to Liska Road, providing ample water supply and enhanced fire protection for the area. This infrastructure improvement, facilitated by an easement from TXDOT, includes a planned hydrant installation. While currently zoned agricultural, the surrounding area is experiencing rapid growth, with the emergence of industrial zones, hospitals, residential developments, and new schools. The city anticipates that rezoning for various uses, including offices and apartments, should be readily achievable. The asking price is $1,516,140, representing a land value of $8 per square foot. This presents a compelling investment opportunity in a rapidly transforming area.

Property profile
Verified
Property type Land
Lot 5.32 ac (231,739 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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