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Red Oak, TX 75154
$5,100,000

About this home

HE CASCADE DEVELOPMENT

Exceptional mixed use development opportunity consisting of approximately 45.642 acres within the Red Oak City Limits. Approximately 39.553 acres are planned for single family residential development with 53 lots, each with a minimum lot size of approximately 0.50 acre. An additional 6.089 acres are designated for commercial use and divided into 3 separate commercial lots. Property has been annexed into the City of Red Oak and re platted, with final plat completion anticipated upon issuance of required City permits. Construction documents are currently in the final stages of City approval. TxDOT has approved plans for new entrances, and Oncor has provided preliminary designs for transformer locations and underground electrical infrastructure. Property is represented as being located within a Targeted Employment Area that may provide potential EB5 investment opportunities, subject to independent verification. Site plans, plats, engineering documents, available City approvals, TxDOT plans, and Oncor preliminary plans are available for review. Buyer and Buyers Agent to independently verify acreage, zoning, lot count, development requirements, permits, utilities, approvals, and TEA and EB5 eligibility

Overview

Full Baths
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Half Baths
0
Bathrooms
0
Bedrooms
0
Building Area
0
Living Area
0
Lot Size (Acres)
45.682
Property Subtype
Unimproved Land
Property Type
Land
Status
Active

Interior

Fireplaces
0

Exterior & Construction

Lot Features
Cleared, Landscaped, Subdivided

Parking

Covered Parking
0
Garage Spaces
0

Location & Area

City
Red Oak
County
Ellis
School District
Red Oak ISD
ZIP Code
75154
State
TX
Subdivision
Ovilla Oaks

Financial

Price
5100000

Utilities

Sewer
Public Sewer
Utilities
Sewer Available, Water Available

Listing Details

Listing Agent
Namrata Bhatt
Listing Office
RE/MAX DFW Associates
MLS #
21403993
Virtual Tour
https://www.propertypanorama.com/instaview/ntreis/21403993

Listing agents

Listing AgentNamrata BhattRE/MAX DFW Associates

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