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$900,000 Just Listed
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Property Description
Positioned along highly visible N State Highway 342 in the growing community of Red Oak, 490 N State Highway 342 offers an exceptional opportunity for investors, business owners, or developers seeking strong frontage and accessibility. This property benefits from steady daily traffic counts and excellent exposure, making it ideal for a wide range of commercial uses. Located just minutes from Interstate 35E, the site provides convenient connectivity to the greater Dallas-Fort Worth metroplex while maintaining a strategic position within a rapidly expanding trade area. Surrounding development includes established retail, service based businesses, and residential growth, supporting both immediate usability and long term upside potential. The property's layout and positioning allow for flexible use, whether for owner-occupancy, redevelopment, or investment purposes. With strong visibility, easy ingress and egress, and proximity to major thoroughfares, this location is well suited for businesses looking to capture drive by traffic and serve the local community. Whether you're looking to establish a presence in a high-growth corridor or add a well-located asset to your portfolio, this property delivers on location, exposure, and opportunity.
Full Property Details
Full Property Details for 490 N State Hwy 342
General
- Price: $900,000
- Taxes: $13,581
- Status: Active
- Type: Warehouse
- Source: NTREIS
- MLS ID: 21242498
- Updated: Today (4/20/2026)
- Added to Site: Today
Business
- Business Type: Other
Interior
- Flooring: Concrete
Parking
- Parking Features: Concrete
Location
- County: Ellis
- Subdivision: Nail Bus Park
- Driving Directions: From Interstate 35E, take the exit toward Red Oak and merge onto N State Highway 342 heading north. Continue about 1 mile; 490 N State Highway 342 will be on the right.
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Construction: Metal Siding
- Roof: Metal
- Stories/Levels: 1
- Square Feet: 2,844
- Sq. Ft. Source: Owner
- Year Built: 1997
Lot Features
- Lot Size (Acres): 1.729
- Lot Size (Sq. Ft.): 75,315.24
- Lot Size Source: Owner
- Frontage: Highway
- Lot Features: Acreage, Few Trees
- Potential Use: Other
Financial Considerations
- Tax Amount: $13,581
- Terms: Cash, Conventional
- Tenant Pays: None
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: LOT 1 NAIL BUSINESS PARK 1.729 AC
- Inclusions: Land & Improvements
- Property ID: 201757
- Lot Number: 1
Listed by Fathom Realty, Dalton Davis
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Schools
Schools serving 490 N State Hwy 342
School District:Red Oak Independent School District
| Name | Grades | Distance |
|---|---|---|
Eastridge Elementary School 725 East Ovilla Road, Red Oak, TX 75154 | PK-5 | 1.1 mi |
Red Oak Middle School 152 Louise Ritter Boulevard, Red Oak, TX 75154 | 6-8 | 1.5 mi |
Red Oak High School 220 South State Highway 342, Red Oak, TX 75154 | 9-12 | 0.9 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 490 N State Hwy 342
Date
Details
Price
Change
Source
4/20/2026
Listed
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 490 N State Hwy 342
490 N State Highway 342, Red Oak, TX 75154 (MLS# 21242498) is a Warehouse property. 490 N State Highway 342 is currently listed for $900,000 and was received on April 20, 2026. Want to learn more about 490 N State Highway 342? Do you have questions about finding other Warehouse 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.

