342 Highway 342

Red Oak, TX 75154

$1,750,000
Price
316,681 / 7.27
Lot Size / Acres
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Description

Hard corner, 7.27 acres. This property is located at the northwest corner of SH 342 and E Ovilla Road in Red Oak, TX. The 7.27 acre parcel has 3,163sf of frontage along SH 342 and just under 100ft of frontage along E Ovilla, which is currently being expanded. Located 1.8 miles East of I-35, 1.45 miles south of Loop 9, and within a few steps of the Google Data Center. Please contact Listing Agent Blake Bailey for more information or questions regarding this property.Hard corner, 7.27 acres. This property is located at the northwest corner of SH 342 and E Ovilla Road in Red Oak, TX. The 7.27 acre parcel has 3,163sf of frontage along SH 342 and just under 100ft of frontage along E Ovilla, which is currently being expanded. Located 1.8 miles East of I-35, 1.45 miles south of Loop 9, and within a few steps of the Google Data Center. Please contact Listing Agent Blake Bailey for more information or questions regarding this property.
  1. Listed by Blake Bailey • TREC #0660457 • Keller Williams Rockwall • 972-772-7000

Property Details for 342 Highway 342

Subdivision Name
E E Sherly
Lot Size Dimensions
3163x114x3156x96
Zoning Description
Ag/Tim
LISTING UPDATED: 04/20/2026 03:48 PM

Property Details for 342 Highway 342

StatusActive
MLS #21245178
Days on Market26
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLots & Acreage / Unimproved Land
Year Built-
Lot Size7.27 AC
CountyEllis County
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Location

Listing Courtesy of Keller Williams Rockwall, Blake Bailey
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Building Information for 342 Highway 342

Lot Size7.27 AC

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$8,812 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,812

Property Taxes

$0

HOA Dues

$0

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Property Information for 342 Highway 342

Summary
Location and General Information
  • Directions: Please use GPS to find the intersection of SH 342 and E Ovilla Road. This property is located at the northwest corner of SH 342 and E Ovilla Road.
  • Elementary School: Red Oak
  • Elementary School Name: Red Oak
  • High School: Red Oak
  • High School Name: Red Oak
  • Middle School: Red Oak
  • Senior Community Yes/No: No
  • School District: Red Oak ISD
  • Geocode Confidence: High
  • Latitude: 32.53
  • Longitude: -96.79
  • State: Texas
Taxes and HOA Information
  • Tax Legal Description: 1013 E SHIRLEY 6.3585 AC
  • Association Type: None
Interior and Exterior Features
Exterior Features
  • Number Of Tanks And Ponds: 0
  • Number Of Wells: 0
  • Waterfront: No
Property
Utilities
  • Utilities: Concrete, Electricity Available, Overhead Utilities, Sewer Available
Property and Assessments
  • AG Exemption: Yes
  • Exclusions: Mineral Rights
  • Financing Proposed: 1031 Exchange, Cash, Conventional, Other
  • Concessions YN: Yes
  • Loan Type: Treat As Clear
  • Restrictions: No Known Restriction(s)
  • Documents Available: Survey
  • Property Match: APN
  • Surface Rights: Easement, Exist
Lot Information
  • Development: City Limits, Unzoned
  • Easements: Access, Telephone, Utilities
  • Frontage Feet: 3163
  • Lot Features: Acreage, Cleared, Undivided
  • Lot Size: 5 to < 10 Acres
  • Lot Size Acres: 7.27
  • Lot Size Area: 7.27
  • Lot Size Source: See Remarks
  • Lot Size Units: Acres
  • Lot Size Square Feet: 316681.2
  • Multi Parcel ID: Yes
  • Number Of Lots: 1
  • Parcel Number: 268128
  • Parcel Number 2: 289841
  • Road Assessment: No
  • Road Frontage: Highway
  • Road Frontage Distance: 3163
  • Soil Type: Black, Clay
  • Current Use: Agricultural
  • Number Of Lakes: 0
  • Road Surface Type: Concrete
Farm Information
  • Number Of Barns: 0
Rent Information
Rent Information
  • Land Leased: No

Property History for 342 Highway 342

DateEvent & SourcePriceAppreciation
Apr 20, 2026

Listed (Active)

NTREIS #21245178

$1,750,000—
Jan 1, 2016

Expired

NTREIS #13181582

—
May 18, 2015

Listed (Active)

NTREIS #13181582

$97,574—
DateEvent & SourcePrice
04/20/2026

Listed (Active)

NTREIS #21245178

$1,750,000
01/01/2016

Expired

NTREIS #13181582

—
05/18/2015

Listed (Active)

NTREIS #13181582

$97,574

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 342 Highway 342

This home is within Red Oak Independent School District.
Rating
School
Type
Grades
Distance
Red Oak Elementary School
Public - PK to 5
Red Oak Middle School
Public - 6 to 8
Red Oak High School
Public - 9 to 12
Russell P Schupmann Elementary School
Public - PK to 5
Rating
School
Distance
Red Oak Elementary School
PublicPK to 5

Red Oak Middle School
Public6 to 8

Red Oak High School
Public9 to 12

Russell P Schupmann Elementary School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 342 Highway 342, Red Oak, TX 75154

342 Highway 342 is a 7.27 ac of land for sale in Red Oak, TX 75154. This property was listed for sale on April 20, 2026 by Keller Williams Rockwall, it's currently listed at $1,750,000. This listing's school district is Red Oak Independent School District. Nearby schools include Red Oak Elementary School, Red Oak Middle School and Red Oak High School. 342 Highway 342 is a 0-bed, 0-bath, 7.27 ac of land on a 316,681 sq. ft. / 7.27 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Rockwall, Blake Bailey

The information being provided by North Texas Real Estate Information Systems (NTREIS) and Greater Tyler Association of REALTORS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. This website may reference real estate listing(s) held by a brokerage firm other than Compass and its related brokerages. Any information relating to real estate for sale in Dallas, Texas comes from NTREIS. Listings marked with an icon are provided courtesy of the NTREIS Internet Data Exchange database. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be verified through personal inspection by and/or with appropriate professionals.The data contained herein is copyrighted by NTREIS and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 North Texas Real Estate Information Systems. All rights reserved. Date last updated: 04/20/2026 03:48 PM