Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Residential Land in Waxahachie, TX Title is generated by Realmo AI

    101 Will Street, Waxahachie, TX 75165

    View on Map
    Claim this Listing
    Picture of Land at 101 Will Street, Waxahachie, TX
    For Sale
    Under Contract
    Contact for pricing

    Unimproved Land - Waxahachie, TX

    Type:Unimproved Land
    Lot size:
    0.11 Acres
    Added:
    Sep 27, 2021
    Days on Market:
    1703
    Last Refresh:
    May 26 at 10:06 am

    Property Features for 101 Will Street

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active Under Contract
    APN
    173218
    Lot size
    0.11 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Daniel Poppe

    Listing agent Daniel Poppe

    Listing office The Brokerage House 2591 Dallas Parkway #300, Frisco, TX

    Listing date Sep 27, 2021

    MLS# 14677814 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large lot set back off the street.
    • Surrounded by nature offering a country living feel.
    • Opportunity to build a new home.
    • Enjoy the convenience of city living.
    • Country living feel.
    • Location: [-96.84173,32.38087]

    Overview

    This 0.109-acre lot is located in Waxahachie, Texas. The property is an unimproved land suitable for residential development. Situated off the street, the lot offers a natural setting. The location provides a country-like feel with the convenience of city living, making it suitable for building a new home.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.841725
    Latitude
    32.380869

    Nearby Similar for Sale

    • $575,000

      Versatile Commercial Property on 2+ Acres

      Two warehouses, office space, truck parking, endless potential.
      316 Howard Road, Waxahachie, TX 75165
      View Details
    • $650,000

      Victorian Commercial Building Near Downtown

      Charming Victorian building near downtown Waxahachie with high visibility.
      500 W Main Street, Waxahachie, TX 75165
      View Details
    • $548,999

      Prime Land in Waxahachie, TX

      2.04-acre tract on high-traffic thoroughfare in growing industrial corridor.
      1651 Fm 66, Waxahachie, TX 75167
      View Details
    • $1,400,000

      7 Acres Commercial Land Opportunity

      7 acres of commercial land near I-35 in Waxahachie, TX.
      1315 Fm 1446, Waxahachie, TX 75167
      View Details
    • $450,000

      Waxahachie Land with High Visibility

      3.5 acres of prime commercial and agricultural land.
      5014 E FM 875 Road, Waxahachie, TX 75167
      View Details
    • $559,200

      Waxahachie Land Ready for Builder

      Unimproved land in Waxahachie, TX, ready for development.
      Pod 1 Shadowbrook Lane, Waxahachie, TX 75165
      View Details
    • $1,090,000
      3,048 SF

      Versatile Ranch with Spacious Home

      38.38-acre property with a 3,048 sq ft home.
      2403 Greathouse Road, Waxahachie, TX 75167
      View Details
    • $999,999

      Versatile Ranch Property Near Development

      38.5 acres between Waxahachie and Midlothian with equestrian facilities.
      1001 Ovilla Road, Waxahachie, TX 75167
      View Details
    • $964,900
      920 SF

      42-Acre Rural Retreat in Waxahachie

      42.76 acres with shop, office trailer, utilities, and agricultural exemption.
      4031 Greathouse Road, Waxahachie, TX 75167
      View Details
    • $420,000

      3.7 Acres of Prime Land

      Flat, well-maintained land in a rapidly growing area.
      0002 Robnett Road, Waxahachie, TX 75165
      View Details
    • $627,500

      Prime Commercial Lot in Waxahachie

      1.6-acre commercial land suitable for retail, office, or service businesses.
      Tbd Corporate Parkway, Waxahachie, TX 75165
      View Details
    • $1,190,000
      3,292 SF

      Waxahachie Farmhouse with Two Shops

      19.41+ acre property with stunning home and two shops.
      3511 Fm 66, Waxahachie, TX 75167
      View Details

    FAQs

    What type of property is this?
    Land - Unimproved lot for residential development in a convenient location.
    Where is this land located?
    The property is located at 101 Will Street Waxahachie, TX.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Large lot set back off the street.; Surrounded by nature offering a country living feel.; Opportunity to build a new home.
    (214) 245-4646
    We can help!
    Listing Contact
    Daniel Poppe
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    101 Will Street, Waxahachie, TX 75165
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!