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    1111 Ovilla Rd Waxahachie, TX 75167

    For Sale
    $850,000

    Unimproved Land - Waxahachie, TX

    Type:Unimproved Land
    Lot size:
    2.45 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 11 at 3:06 pm

    Property Features for 1111 Ovilla Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    290745
    Lot size
    2.45 Acres

    Building Details

    Year built
    1986
    Building materials
    Brick
    Architectural style
    Other

    Tero Partners (972) 777-4141

    Listing agent Tim Cummings (972) 777-4141 License #0616082

    Listing date Nov 5, 2025

    MLS# 20704106 Listing URL

    Copyright © 2025 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.

    Overview

    Waxahachie Land For Sale

    This 2.4505-acre platted lot is located on a hard corner in Waxahachie, offering an excellent location for a convenience store, local retail, or a professional office center. Water and sewer utilities are available. Situated on a major arterial thoroughfare on the north side of Waxahachie, the property benefits from TxDOT's expansion of Ovilla Rd into four lanes with a two-lane turning median. The ROW dedication is complete and reflected in the net acreage of the plat. The site provides direct access to IH-35 to the East and HWY 287 to the South. A planned residential development directly to the Northwest includes over 1,200 new homes, all of which funnel directly to this corner. Commercial development to the East includes new manufacturing and data facilities employing skilled labor. Currently zoned SFR, the Future Land Use Plan for this site is Commercial. An existing 2,169 square foot residence is included, which can be used as an office or leased until the site is entitled for commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Law Firm Clothing Store Building Supply Auto Repair Shop Auto Parts Store HVAC Service Women's Store Storage Facility Carpet & Flooring Store Florist

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

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.87425944
    Latitude
    32.44431967

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    FAQs

    What type of property is this?
    Commercial land - 2.45-acre commercial land suitable for retail or office development.
    Where is this commercial land located?
    The property is located at 1111 Ovilla Rd Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Prime location at a hard corner on a major arterial thoroughfare with direct access to IH-35 and HWY 287.; - Significant future commercial potential due to planned residential development of over 1,200 homes funneling traffic to the site.; - TxDOT expansion of Ovilla Rd into a four-lane road with a two-lane turning median, increasing accessibility.
    (972) 777-4141
    Request Owner's contact information
    1111 Ovilla Rd Waxahachie, TX 75167
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    Realmo Value Estimation

    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.

    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.

    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
    1111 Ovilla Rd Waxahachie, TX 75167
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