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$3,750,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 100 Lake Trail Dr
General
- Price: $3,750,000
- Taxes: $15,900
- Status: Active
- Type: Commercial Investment
- Source: NTREIS
- MLS ID: 21160428
- Updated: 1/21/2026
- Added to Site: Today
Business
- Business Type: Other
Location
- County: Ellis
- Subdivision: G C Parks
- Driving Directions: From IH35, head East on W. Red Oak Rd for .7 miles. Take a left onto Lake Trail Dr. and property will be on your right.
Utilities
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Other
- Stories/Levels: 1
- Sq. Ft. Source: Other
- Year Built: 2010
Lot Features
- Lot Size (Acres): 23.008
- Lot Size (Sq. Ft.): 1,002,228.48
- Lot Size Source: Public Records
- Frontage: City Street
- Lot Features: Acreage, Few Trees
- Potential Use: Other
- Zoning: Residential/multifamily Located within PD 6
Financial Considerations
- Tax Amount: $15,900
- Terms: Cash, Conventional, 1031 Exchange, Other
Disclosures and Reports
- Legal Description: 836 G C PARKS 23.008 ACRES
- Inclusions: Land Only
- Property ID: 277071
Listed by Tero Real Estate, Sam Jenkins
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Schools
Schools serving 100 Lake Trail Dr
School District:Red Oak Independent School District
| Name | Grades | Distance |
|---|---|---|
Red Oak Elementary School 200 Ridge Drive, Red Oak, TX 75154 | PK-5 | 0.8 mi |
Red Oak Middle School 152 Louise Ritter Boulevard, Red Oak, TX 75154 | 6-8 | 1.1 mi |
Red Oak High School 220 South State Highway 342, Red Oak, TX 75154 | 9-12 | 0.8 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 100 Lake Trail Dr
Date
Details
Price
Change
Source
1/21/2026
Listed
$3,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 100 Lake Trail Dr
Year
Property Taxes
Change
Tax Assessment
Change
2024
100%
$782,272
—
2023
100%
$782,272
6%
2021
100%
$736,256
60%
2020
100%
$460,160
33%
2019
—
$345,120
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 100 Lake Trail Dr
100 Lake Trail Drive, Red Oak, TX 75154 (MLS# 21160428) is a Commercial Investment property. 100 Lake Trail Drive is currently listed for $3,750,000 and was received on January 21, 2026. Want to learn more about 100 Lake Trail Drive? Do you have questions about finding other Commercial Investment real estate for sale in Red Oak? You can browse all Red Oak real estate or contact a Coldwell Banker agent to request more information.

