Sierra Grande St 2.78 Acres of Commercial Land Offered at $1,046,400 CAD in Red Oak, TX 75154

Exceptional development opportunity in the growing Red Oak corridor of southern Dallas County. This 2.78± acre tract is fully entitled and approved for a 32-unit senior multi-family project. City zoning approval is in place. Highlights • Entitled for 32 senior multi-family units • City of Red Oak approvals in place • All utilities available to site • Excellent access to I-35E, Ovilla Road, and major retail corridors • Strong area demographics and limited senior housing supply • Flat, efficient site layout ideal for development Located just minutes from I-35E and within easy reach of Dallas and Waxahachie, this site benefits from convenient connectivity while maintaining a community-oriented environment. The area continues to experience rapid population growth and infrastructure investment, driving sustained demand for quality senior housing. Investment Summary • Lot Size: 2.78± Acres • Approved Units: 32 • Zoning: Multifamily (Senior Housing Use Approved) • Utilities: Water, Sewer, and Electric available • Municipality: City of Red Oak, Ellis County, Texas An outstanding site positioned for development or land banking. Ideal for builders, investors, or senior housing operators seeking entry into a high-growth, low-supply submarket.