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0000 FM 983 FM 983 Corner

Red Oak, TX 75154

$8,960,000

Ranch · 112 ac

Acres112 acres
Price per acre$80,000 / acre
WaterCity Water
FencingNone
Ag exemptionAgricultural
Road accessInterstate
TypeRanch

What it costs to own

Taxes$363 per year
MUDNone listed
HOANone listed
Price per acre$80,000
Exemptions notedAgricultural

Taxes shown reflect the current owner's exemptions and may change after purchase.

An agricultural exemption ends when the land sells — taxes will be reassessed. Verify with the county appraisal district.

About this home

Exceptional development opportunity in one of North Texas's fastest-growing corridors. This 112-acre multi-use land portfolio is strategically located between I-35 and I-45, spanning the Red Oak and Ferris areas. Both tracts are eligible for annexation and offer unmatched potential for residential, commercial, mixed-use, or private estate development.

Located just 5 miles from the planned 166-acre Google Data Center and near the upscale Shiloh Downs community. The property is also adjacent to the proposed 155-acre Oncor Dallas II campus expansion, offering 262 MW of infrastructure-supported capacity.

Key Features:

112 acres of unrestricted land

Two contiguous tracts; can be sold together or separately

Eligible for annexation (Red Oak and Ferris)

Ideal for subdivision, mixed-use, multifamily, or estate use

Water available; potential sewer connection approx. 3.5 miles away

No zoning restrictions

Approx. 30-minute drive to downtown Dallas

Rapid regional growth in residential, commercial, and healthcare sectors makes this a prime investment opportunity. Ideal for developers, investors, or end-users seeking scale, flexibility, and location advantage in the DFW area.

The details

HeatingNone
CoolingNone

Lot featuresAcreage
FencingNone
Water sourceCity Water
SewerNone per listing

ZoningAgriculture
RestrictionsNone
EasementsElectric
Surface rightsOther

Mineral rights aren't stated in this listing — verify with the title company before purchase.

CropsOther
Current useAgricultural, Pasture
Possible useAgricultural, Cattle, Commercial, Dairy, Industrial, Investment, Livestock, Multi-Family, Pasture, Ranch, Residential, Retail, Single Family, Truck Farm, Warehouse, See Remarks, Other
Soil typeOther

SubdivisionL Vaughn

ElementaryRed Oak
Middle schoolRed Oak
High schoolRed Oak
DistrictRed Oak ISD

MLS #21072867
Source
Price changeIncreased by $2,251,200 · Apr 13, 2026
On the market353 days
CountyEllis

Around this home

One moment…

Everyday life

Nearest groceryBrookshire Brothers · 4.4 mi
Nearest parkShaw Creek Community Playground · 3.6 mi

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Listing courtesy of REKonnection, LLC — Bernard Sengoll.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21072867. Information last updated July 10, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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