Paragon Realtors Real Estate

490 N State Highway 342Red Oak, TX 75154Price: $900,000

  • Price: $900,000
  • 52 Days on Market
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Federal 30-year interest rate: 6.48% last updated on Jun 4, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $900,000List Price
  • 1.73Acreage

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Listed by Dalton Davis of Fathom Realty
Positioned along highly visible N State Highway 342 in the growing community of Red Oak, 490 N State Highway 342 offers an exceptional opportunity for investors, business owners, or developers seeking strong frontage and accessibility. This property benefits from steady daily traffic counts and excellent exposure, making it ideal for a wide range of commercial uses. Located just minutes from Interstate 35E, the site provides convenient connectivity to the greater Dallas-Fort Worth metroplex while maintaining a strategic position within a rapidly expanding trade area. Surrounding development includes established retail, service based businesses, and residential growth, supporting both immediate usability and long term upside potential. The property's layout and positioning allow for flexible use, whether for owner-occupancy, redevelopment, or investment purposes. With strong visibility, easy ingress and egress, and proximity to major thoroughfares, this location is well suited for businesses looking to capture drive by traffic and serve the local community. Whether you're looking to establish a presence in a high-growth corridor or add a well-located asset to your portfolio, this property delivers on location, exposure, and opportunity.

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Based on information submitted to North Texas Real Estate Information Services as of June 10, 2026 10:09 PM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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