801 E Ovilla Rd - Residential LAND FOR SALE


Red Oak, TX 75154 1,989,821 SF
$5,832,842 USD
972-402-4113
801 E Ovilla Rd, Red Oak, TX for Sale
$5,832,842 USD
Residential LAND - FOR SALE
1/4
1,989,821 SF

801 E Ovilla Rd
Red Oak, TX 75154


OVERVIEW

The Cascade Development – Prime Investment Opportunity Presenting The Cascade Development, an exceptional mixed-use project spanning 45.642 acres, strategically located within the newly annexed Red Oak city limits. Commercial Component:Includes 6.089 acres of commercial land, subdivided into three individual lots, offering excellent frontage and flexibility for retail, office, or service-based development.Residential Component: Features 39.553 acres of single-family residential land, thoughtfully planned into 53 generously sized lots, each a minimum of 0.50 acres, perfect for upscale custom homes or a boutique community. Development Status: Construction documents are in the final stage of approval from the City of Red Oak. The property has been replatted and will be finalized upon issuance of permits. TXDOT has approved plans for new entrances, ensuring seamless access. Oncor has provided preliminary plans for underground electrical lines and transformer locations. The developer is responsible for completing all infrastructure and improvements. Incentives: This property is part of a TEA-designated EB-5 zone, allowing developers to leverage EB-5 investment funding—a compelling advantage for domestic and international investors seeking U.S. permanent residency through capital investment. This is a rare opportunity to acquire a ready-to-develop, city-approved property in a growing market with strong commercial and residential demand.

FOR SALE DETAILS

PRICE

$5,832,842 USD

PRICE/ACRE

$127,689/AC

PRICE/SF

$3 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

45.68 AC

LAND SF

1,989,821 SF

OFFSITE IMPROVEMENTS

Sewer, Water

ZONING

-

APN/PARCEL ID

192369

ASK ABOUT THIS PROPERTY

Namrata BhattRE/MAX DFW AssociatesMore Info
972-402-4113

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Namrata BhattRE/MAX DFW AssociatesMore Info
972-402-4113

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