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Executive Summary

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.

Property Facts

Price $3,695,841 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Proposed Use
Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Apartment Units - Dorms
  • Apartment Units - Senior
  • Apartment Units - Subsidized
  • Planned Unit Development
  • Religious Facility
  • Schools
  • Single Family Development
  • Single Family Residence
Total Lot Size 20.80 AC
Zoning Apartments MF-2 - Multi Family

1 Lot Available

Lot

Price $3,695,841 CAD
Price Per AC $177,684.66 CAD
Lot Size 20.80 AC

Call Austin Olsen 602-614-9383 Zoned MF-2 Multi-Family Apartment Land (20+ units per acre) $2.99 SF, 20.8 +/- acres Adjacent to $600 Million in Fortune 500 Co. Water 300ft away Sewer 1300ft away Limited sewer capacity (see property description below)

Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
235323
Land Assessment
$2,405 CAD
Improvements Assessment
$0 CAD
Total Assessment
$2,405 CAD
  • Listing ID: 23541984

  • Date on Market: 2021-06-29

  • Last Updated:

  • Address: 1057 Rudd Rd, Ennis, TX 75119

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