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Property profile

320 Dale Evans Dr Italy, TX 76651

FOR SALE
Apartment buildings
Property ID
US82-3267675
8,562 SF 33.69 ac lot Built 1991
Entity Owned
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For Sale
Contact for pricing 8,562 SF
320 Dale Evans Dr, Italy, TX 76651
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Property summary

AI-generated overview

This exceptional 8-bedroom, 6-bathroom estate, situated on 33.693 acres in Ellis County, Texas, presents a unique investment opportunity. Built in 1991, this Class A, 8,562 square foot apartment building boasts imported marble and quartz surfaces, intricate wood designs, and a wealth of amenities. Features include a movie theater, fitness center with steam room, four fireplaces, a reinforced storm shelter, a billiard room, and a private office. The upper level offers four bedrooms and two bathrooms, two with balcony access, and two with access to a room containing a kitchen and entertainment area, ideal for meetings or gatherings. The property also includes split-level pools and a hot tub, an outdoor kitchen, two shops, a fruit tree orchard, a creek, a pond, and fencing. Smart technology is integrated throughout. The property is meticulously maintained and in excellent condition. Potential uses include an event center, corporate retreat, winery, brewery, distillery, or other similar ventures. The expansive acreage presents significant development potential, offering substantial upside beyond the primary residence. The asking price is $2,995,000. The property is located at 320 Dale Evans Dr, Italy, TX 76651.

Property profile

Verified
Property type Apartment buildings
Year built 1991
Total area 8,562 SF
Lot 33.69 ac (1,467,667 SF)
UPID US82-3267675

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

320 Dale Evans Dr Italy, TX 76651
Italy metro
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Value estimations

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Owner & transaction history

since 2026
1 recorded transaction
2026
$2.3M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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