4221 Ensign RdEnnis, TX 75119

For Sale
Call for price

19.8 Acres, Prime Ennis Location

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional 19.8-acre commercial land parcel presents a unique investment opportunity in the thriving city of Ennis, Texas. Strategically located near the intersection of Ensign Road and US Highway 287, this property boasts a Regional Mixed Use zoning designation and is situated within a Qualified Opportunity Zone, offering significant tax advantages. All utilities are readily available. The property includes two existing rental homes generating immediate cash flow, located at 4211 Ensign Rd, Ennis, TX 75119. This prime location benefits from the proximity to a major residential development project underway. Lennar Homes is currently developing a 500-acre community (1065 homes) just south of this tract, with site plans approved, two phases platted, and infrastructure nearing completion. Home construction is anticipated to begin this summer, creating significant future demand and value appreciation for this commercial land. Lot sizes within the Lennar development range from 5,000 to 14,000 square feet. The land is priced at $5 per square foot. This presents a compelling opportunity for developers, investors, and businesses seeking a strategic location in a rapidly growing area. Detailed property information and a land ID map are available upon request.

Highlights

  • Qualified Opportunity Zone designation.
  • All utilities available.
  • Adjacent to a Lennar Homes 500-acre, 1065-home community development (site plans approved, infrastructure nearing completion).
  • Two existing rental homes at 4211 Ensign Rd, Ennis, TX 75119, providing immediate cash flow.
  • Regional Mixed Use zoning.

Property Details for 4221 Ensign Rd

Property type
Other land, Land
Lot Size (sq. ft)
862,488 SF

Location Insight

City
Ennis
County
Ellis
State
Texas
Latitude
32.28912067
Longitude
-96.62206014
4221 Ensign Rd, Ennis, Texas

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4221 Ensign Rd
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