1057 Rudd Rd - Residential LAND FOR SALE


Ennis, TX 75119 906,048 SF
$2,709,084 USD
602-430-7002
1057 Rudd Rd, Ennis, TX for Sale
$2,709,084 USD
Residential LAND - FOR SALE
1/14
906,048 SF

1057 Rudd Rd
Ennis, TX 75119


OVERVIEW

20.8 acres Zoned MF2 20 units per acre.  $2.99 per foot.  Up to 416 units.  $6,512.22 per unit. Great location not far from Hwy 287 and I-45 Approximately 1.6 miles from Interstate I-45 Approximately 0.25 miles from Hwy 287. Final Plat approved in Hand Water 300ft away. Sewer 1300 ft away. The City of Ennis is currently dealing with downstream sewer capacity problems.  The City's downstream sewer lines are at or near capacity nearly City wide.  That said, I believe creative solutions exist to solve the sewer challenges for each of these sites.  Opportunities we can explore to establish a connection include a septic system, decentralized sewer package plant, or helping Ennis solve part of their challenge. Ennis Growth rate of 4.67% annually, one of the fastest growing Cities in TX.  28.7% increase since 2020Near new 1,100 unit Lennar Homes Subdivision, Ennis Jr. High and High School. 5100+ new homes in development and more than 9,500 in planning stages.Property near major manufacturers and distribution centers:  Fresh Pet, Sterilite, Lowes, CVS, and more.Loloi, a home decorations and rug manufacturer, is building an approximately 1.4 million square foot facility less than a mile away, which just broke ground.  This is creating approximately 270 jobs.

FOR SALE DETAILS

PRICE

$2,709,084 USD

PRICE/ACRE

$130,244/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

20 ac Zoned Muti-Family Apts Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Dorms, Apartment Units - Senior, Apartment Units - Subsdzd, Planned Unit Development, Religious Facility, Schools, Single Family Development, Single Family Residence

LAND ACRES

20.8 AC

LAND SF

906,048 SF

OFFSITE IMPROVEMENTS

-

ZONING

Apartments MF-2

APN/PARCEL ID

235323

ASK ABOUT THIS PROPERTY

Bill OlsenCity to City Commercial Real EstateMore Info
602-430-7002

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Bill OlsenCity to City Commercial Real EstateMore Info
602-430-7002

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.