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$3,750,000 Just Listed
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Property Description
SHOP TOP HOUSING. LIVE WORK UNITS. VERTICAL MIXED USE. 24 Unit Brick Two Story Vertical Mixed Use or Shop Top Housing in Excellent Condition and nearly full. Fantastic Financial Position and Little to No Differed Maintenance. 9 of 10 Retail Office Commercial Spaces on Level One are Leased. 9 of 10 Residential Apartments on Second Level are Leased. Ample Parking, Urban Forward Architecture is Very Aesthetically Attractive and Clean.
Full Property Details
Full Property Details for 213 S State Hwy 342
General
- Price: $3,750,000
- Taxes: $65,821
- Status: Active
- Type: Commercial Service
- Source: NTREIS
- MLS ID: 21218420
- Updated: 3/25/2026
- Added to Site: 1 day(s) ago
Business
- Business Type: Commercial, Mixed, Professional/Office, Professional
Parking
- Parking Features: Additional Parking, Concrete
Location
- County: Ellis
- Subdivision: Minyard Add
- Driving Directions: On Spur 342 S of Ovilla RD and N of US77, across from Red Oak High School
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Brick
- Roof: Flat
- Stories/Levels: 2
- Square Feet: 24,000
- Sq. Ft. Source: Owner
- Year Built: 2007
Lot Features
- Lot Size (Acres): 1.332
- Lot Size (Sq. Ft.): 58,021.92
- Lot Size Source: Appraiser
- Frontage: City Street, Farm to Market Road
- Potential Use: Office, Other, Retail, Wholesale
- Zoning: Mixed
Financial Considerations
- Tax Amount: $65,821
- Terms: Cash, Conventional, 1031 Exchange
- Tenant Pays: All Utilities
Disclosures and Reports
- Legal Description: LOT 1 BLK A MINYARD ADDITION 1.332 AC
- Inclusions: Building Only
- Property ID: 179852
- Block: A
- Lot Number: 1
Listed by Hi View Real Estate, JL Smith
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Schools
Schools serving 213 S State Hwy 342
School District:Red Oak Independent School District
| Name | Grades | Distance |
|---|---|---|
Wooden Elementary School 200 Louise Ritter Boulevard, Red Oak, TX 75154 | PK-5 | 0.9 mi |
Red Oak Middle School 152 Louise Ritter Boulevard, Red Oak, TX 75154 | 6-8 | 0.5 mi |
Red Oak High School 220 South State Highway 342, Red Oak, TX 75154 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 213 S State Hwy 342
Date
Details
Price
Change
Source
3/25/2026
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 213 S State Hwy 342
Year
Property Taxes
Change
Tax Assessment
Change
2024
$64,120
19%
$3,238,272
5%
2023
$53,763
—
$3,091,361
19%
2023
$53,763
885%
$2,590,955
30%
2022
$5,460
-85%
$2,000,000
33%
2021
$35,529
29%
$1,500,000
6%
2018
$27,468
—
$1,412,000
34%
2018
$27,468
1%
$1,050,000
—
2017
$27,113
-1%
$1,050,000
—
2016
$27,327
-23%
$1,050,000
-26%
2019
$35,336
18%
$1,412,000
23%
2014
$29,930
5%
$1,150,000
—
2013
$28,629
—
$1,150,000
5%
2013
$28,629
—
$1,100,000
—
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 213 S State Hwy 342
213 S State Highway 342, Red Oak, TX 75154 (MLS# 21218420) is a Commercial Service property. 213 S State Highway 342 is currently listed for $3,750,000 and was received on March 25, 2026. Want to learn more about 213 S State Highway 342? Do you have questions about finding other Commercial Service 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.

