3 months on rocket

727 E Ovilla Rd, Red Oak, TX, 75154

$1,900,000

20.00 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeUnimproved Land
MLS #20702256
Lot Size20.00 Acres
StatusActive

About 727 E Ovilla Rd

This is a rare opportunity to own 20 acres of prime land in Red Oak, Texas, situated on one of the most sought-after, visible roads in the area. The property offers a perfect blend of rural tranquility and convenient accessibility, making it ideal for a variety of uses or future development. With open spaces and mature trees at the back portion of the acreage, this expansive tract provides a natural beauty. Its strategic location offers close proximity to key amenities, schools, and major highways, ensuring high demand and growth potential. Whether you are looking to invest or develop, this land is a rare find in a rapidly growing community. No survey available. Buyer to purchase. In the photos, the area that is blacked out is not included in the sale of the property.

Property Details

Property Features

Listing Office:

  • Office Name: All City Real Estate, Ltd Co
  • Office Phone: (866) 277-6005
  • Listing Agent: Lorri Dyess

Virtual/3D Tour

  • Virtual Tour: 727 E Ovilla Rd
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Lot Features

Lot Information:

  • Lot Size: 20.00 Acres

Other

Directions Information:

  • Directions: GPS correct.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,900,000

Tax Information:

  • Annual Amount: $128
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Red Oak, TX.

Med. List Price

$400.9K

Med. Price/SqFt

$180

Avg. Days On Market

86

# of Sold Homes

31

727 E Ovilla Rd vs Red Oak

96 DAYS ON ROCKET

+10 Days

$1,900,000

+$1.4M More

KEY TAKEAWAY

This property is $1.4M more than the Median List Price in Red Oak, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: NTR
  • MLS Number: #20702256

Listing Office:

  • Office Name: All City Real Estate, Ltd Co
  • Office Phone: (866) 277-6005
  • Listing Agent: Lorri Dyess

IDX ©2024 North Texas Real Estate Information Systems. All rights reserved. The database information herein is provided from and copyrighted by the North Texas Real Estate Information Systems, Inc. NTREIS data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. The advertisements herein are merely indications to bid and are not offers to sell which may be accepted. All properties are subject to prior sale or withdrawal. All rights are reserved by copyright.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 11/25/2024, 4:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$128$457,760
2020$173$6,920
2019$229$6,920
2018$230$8,450
2017$239$8,920

History based on county public records data.

Payment Calculator

$9,550

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,763

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1287196
6
/10
  • Eastridge Elementary School

  • 725 E Ovilla Rd

  • 0.00 miles

  • Public District Grades PK-4

school-card-donut-1287197
6
/10
  • Red Oak Elementary School

  • 200 Valley Ridge Dr

  • 1.31 miles

  • Public District Grades PK-4

school-card-donut-1287198
7
/10
  • Wooden Elementary School

  • 200 Louise Ritter Dr

  • 2.22 miles

  • Public District Grades PK-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $80,811. The most common annual income of people living in Red Oak, TX is between $35k-100k. Typical family type is married, with kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 727 E Ovilla Rd

What is the listing price of this property?

The listing price of 727 E Ovilla Rd property is $1,900,000.

What type of property is this?

The property 727 E Ovilla Rd is land located in Red Oak, Texas, 75154.

Is this property for sale now?

Active Listing: 727 E Ovilla Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $128 (source: MLS/based on county public records data).

How much acreage is this property?

The property 727 E Ovilla Rd is 20.00 acres.
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Rocket HomesTexasEllis CountyRed Oak75154727 E Ovilla Rd

This home is located at 727 E Ovilla Rd in Red Oak, TX and zip code 75154. This home sits on a 20.00 acre lot. It has been listed on Rocket Homes since August 21, 2024 and is currently priced at $1,900,000.

Between September 2024 and October 2024, Red Oak, TX real estate market has seen increase in the number of listings by 9.7%. While the average time on the market in October 2024 was 86 days, the median list price was $400,926.

From Rocket Homes Real Estate and based on county public records data.

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