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Listing provided courtesy of REKonnection, LLC- MLS# 21072867MLS ProviderContact Information: Bernard Sengoll - 214-434-2036

0000 FM 983 SW Fm 983 CornerRed Oak, TX 75154

Vacant Land · 112.00 Acres
$8,960,000 Active

0000 FM 983 SW Fm 983 Corner Overview

Visits:
27

Exceptional development opportunity in one of North Texas's fastest-growing corridors. This 112-acre multi-use land portfolio is strategically located between I-35 and I-45, spanning the Red Oak and Ferris areas. Both tracts are eligible for annexation and offer unmatched potential for residential, commercial, mixed-use, or private estate development. Located just 5 miles from the planned 166-acre Google Data Center and near the upscale Shiloh Downs community. The property is also adjacent to the proposed 155-acre Oncor Dallas II campus expansion, offering 262 MW of infrastructure-supported capacity. Key Features: 112 acres of unrestricted land Two contiguous tracts; can be sold together or separately Eligible for annexation (Red Oak and Ferris) Ideal for subdivision, mixed-use, multifamily, or estate use Water available; potential sewer connection approx. 3.5 miles away No zoning restrictions Approx. 30-minute drive to downtown Dallas Rapid regional growth in residential, commercial, and healthcare sectors makes this a prime investment opportunity. Ideal for developers, investors, or end-users seeking scale, flexibility, and location advantage in the DFW area.

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0000 FM 983 SW Fm 983 Corner Facts & Features

  • Type Vacant Land
  • Lot 112.00 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Red Oak ISD
  • Elementary School: Red Oak
  • Middle Or Junior School: Red Oak
  • High School: Red Oak

Business Information

  • Current Use: Agricultural,Pasture

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: RED OAK
  • Subdivision Name: L Vaughn

Community/Development

  • Development Status: Other

Rent/Lease Information

  • Land Lease: Yes

Tax Information

  • Tax Annual Amount: 363.0

General Information

  • Listing Terms: Cash,Conventional,Other,See Agent,USDA Loan
  • Parcel Number: 191712
  • Possible Use: Agricultural,Cattle,Commercial,Dairy,Farm,Industrial,Investment,Livestock,Multi-Family,Other,Pasture,Ranch,Residential,Retail,Single Family,See Remarks,Warehouse
  • Property Sub Type: Ranch
  • Property Type: Land

Interior

General Information

    Exterior

    Lot Information

    • Cultivated Area: 112.0
    • Lot Features: Acreage
    • Lot Size Acres: 112.0
    • Lot Size Area: 112.0
    • Lot Size Source: Other
    • Lot Size Square Feet: 4878720.0
    • Lot Size Units: Acres
    • Road Surface Type: Asphalt
    • Vegetation: Grassed
    • Water Source: Public

    Waterfront/View

    • Waterfront: No

    General Information

    • Fencing: None
    • Other Structures: None
    • Road Frontage Type: Interstate
    • Sewer: None
    • Utilities: Sewer Not Available,Water Available

    Schools

    School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

    0000 FM 983 SW Fm 983 Corner Monthly Cost

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    * All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

    0000 FM 983 SW Fm 983 Corner Market Data

    Based on the last 30 days in this zip code

    $491,299
    Average List Price
    $180
    Average Price per Square Foot
    53
    Properties Sold
    274
    Average Days on Market
    470
    Properties for Sale
    Calculations provided by Reliance Network


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