505 N State Highway 342Red Oak, TX, 75154
$ 239,000Bedrooms-- Baths0.0 Sq 6,350
for $239,000. This 6,350 square foot building was built in 1993 on a lot size of 0.516 Acres.
This is an excellent opportunity to invest in the rapidly growing area of Red Oak, TX. This property is a prime, over half acre, commercial lot zoned for retail use (C-1) with frontage on the highly trafficked Texas Hwy 342 (total vehicles of 15, 000 per day!) right in the middle of the rapidly developing 75154 zip code. This sought after property is located less than 5 minutes east of I-35E & immediately south of Ovilla Rd. The property is located in a high visibility, high traffic area, within approximately 1 mile of $71 million new high school, new elementary school, multiple retail centers, a sports complex, & surrounded by multiple large subdivisions giving you access to plenty of traffic on a daily basis.
Driveway Fenced Parking
Exterior Security Lighting
Lot Description Clear Lot
Road Frontage Asphalt Road State Road
Commercial Security System / Alarm
List By Andrew Boster
Keller Williams Arlington
- Monthly Principal & Interest
- Monthly Property Taxes
- Monthly Home Insurance
Default based on a 30-year fixed rate of 2.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Commerical listings in Red Oak, TX
Average List Price $1,058,070
Percent of Sale Price 343%
About Red Oak, TX
$ 65,728 Median Income
34.75 Median Age
38% Households with Children