Listing provided courtesy of Fathom RealtyMLS# 21242498MLS ProviderContact Information: Dalton Davis
  • 71 days on site
  • 3 views

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.

Source: North Texas MLS, MLS#: 21242498

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  • Property Type
    Commercial Sale
  • Lot
    1.73 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 490 N State Highway 342


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/19/2026Source: North Texas MLS Added to Database
April 19, 2026