801 E Fm-664 Rd, Red Oak, TX, TX 75154

Property Description

HE CASCADE DEVELOPMENT Exceptional mixed use development opportunity consisting of approximately 45.642 acres within the Red Oak City Limits. Approximately 39.553 acres are planned for single family residential development with 53 lots, each with a minimum lot size of approximately 0.50 acre. An additional 6.089 acres are designated for commercial use and divided into 3 separate commercial lots. Property has been annexed into the City of Red Oak and re platted, with final plat completion anticipated upon issuance of required City permits. Construction documents are currently in the final stages of City approval. TxDOT has approved plans for new entrances, and Oncor has provided preliminary designs for transformer locations and underground electrical infrastructure. Property is represented as being located within a Targeted Employment Area that may provide potential EB5 investment opportunities, subject to independent verification. Site plans, plats, engineering documents, available City approvals, TxDOT plans, and Oncor preliminary plans are available for review. Buyer and Buyers Agent to independently verify acreage, zoning, lot count, development requirements, permits, utilities, approvals, and TEA and EB5 eligibility