801 E Ovilla Rd Lot | Résidentiel | 18,49 ha | À vendre | 5 015 778 € | Red Oak, TX 75154

The Cascade Development – Prime Investment Opportunity
Presenting The Cascade Development, an exceptional mixed-use project spanning 45.642 acres, strategically located within the newly annexed Red Oak city limits.
Commercial Component:Includes 6.089 acres of commercial land, subdivided into three individual lots, offering excellent frontage and flexibility for retail, office, or service-based development.Residential Component:
Features 39.553 acres of single-family residential land, thoughtfully planned into 53 generously sized lots, each a minimum of 0.50 acres, perfect for upscale custom homes or a boutique community.
Development Status:
Construction documents are in the final stage of approval from the City of Red Oak.
The property has been replatted and will be finalized upon issuance of permits.
TXDOT has approved plans for new entrances, ensuring seamless access.
Oncor has provided preliminary plans for underground electrical lines and transformer locations.
The developer is responsible for completing all infrastructure and improvements.
Incentives:
This property is part of a TEA-designated EB-5 zone, allowing developers to leverage EB-5 investment funding—a compelling advantage for domestic and international investors seeking U.S. permanent residency through capital investment.
This is a rare opportunity to acquire a ready-to-develop, city-approved property in a growing market with strong commercial and residential demand.