Fogelman Buys 288-Unit Ovilla at Legacy Square in Red Oak
Fogelman Properties has acquired the 288-unit Ovilla at Legacy Square in Red Oak. The 2023-vintage community was 95 percent occupied at closing.
Fogelman Properties has acquired Ovilla at Legacy Square, a 288-unit garden-style community at 241 N Overlook Dr in Red Oak. The property sits about 18 miles south of Downtown Dallas near I-35E and Ovilla Road. Completed in 2023, it was sold by a partnership between Thompson Realty Capital and Trez Capital.
The community spans roughly 18 acres within the Legacy Square master-planned development, with three-story residential buildings and a clubhouse. Units range from 600 to 1,351 square feet, averaging 901 square feet.
Amenities include a resort-style pool, clubhouse, outdoor gas grills and a dog park. Select units offer direct-access garages and private yards.
IPA, a division of Marcus & Millichap, brokered the sale. The property was roughly 95 percent occupied at closing.
- Address
- 241 N Overlook Dr, Red Oak, TX 75154
- Units
- 288
- Floors
- 3
- Completion
- 2023
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