




$3,750,000
100 Lake Trail Drive, Red Oak, TX, 75154
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About this property
Prime 23.008-acre tract located in Red Oak, Texas, within the city limits with access to water and sewer. The property is zoned Residential Multifamily, offering strong potential for a multifamily or apartment development, subject to final site plan approval. Ideally positioned approximately 0.75 miles from Interstate 35, the site provides excellent regional access while remaining close to retail, employment centers, and growing residential neighborhoods. This location benefits from Red Oak’s continued growth along the I-35 corridor, making it well-suited for developers seeking scale, visibility, and long-term demand. An outstanding opportunity for residential developers looking to capitalize on a high-growth submarket in Ellis County.
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Red Oak
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