Freestanding Medical Office
102 Ymca Drive, Waxahachie, TX 75165
For Sale
$1,700,000
CommercialSale, Waxahachie, TX
Property Size4,472 SF
Lot Size0.75 Acres
Price / SF$380.14
Days on Market50
Property Features for 102 Ymca Drive
General Information
Property type
Property subtype
Zoning description
Parking features
Security features
Subdivision
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Amenities
vaulted-ceiling reception
tile floors
kitchenette
laundry room
Building Details
Year built
Floors in Building
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
eXp Realty LLC
Listed By:
Londa Salazar · License #0747081
(888) 519-7431
Added: Sep 21
Changed: Sep 30
Last Checked: Nov 9 at 3:06AM
MLS# 21391275
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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding medical office property contains 4,472 square feet on a 0.745-acre lot and was built in 1986. Its layout includes ten windowed private offices, a large open workspace or meeting area, and a second larger room suitable for treatment or shared work. A kitchenette and laundry area has cabinetry, counters, a dishwasher, washer-and-dryer space, and storage. The building also has two multi-fixture restrooms, a rear service entrance, and tile flooring in common areas. The interior has been partially updated.
The property is on YMCA Drive in Waxahachie, a short drive from the retail corridor at I-35 and Highway 287. Baylor Scott & White Medical Center – Waxahachie is identified as an anchor of the nearby healthcare corridor. The paved parking lot has 32 spaces, including accessible parking near the front entrance, with additional side parking for staff.
The property is on YMCA Drive in Waxahachie, a short drive from the retail corridor at I-35 and Highway 287. Baylor Scott & White Medical Center – Waxahachie is identified as an anchor of the nearby healthcare corridor. The paved parking lot has 32 spaces, including accessible parking near the front entrance, with additional side parking for staff.
Key Highlights
- 4,472‑square‑foot freestanding building on a 0.745‑acre lot
- Ten private offices with windows, plus a large open workspace and a second larger room
- 32‑space paved parking lot with accessible parking near the front entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$74,803
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,496,060
$1.5M
Cap Rate 7%
$1,068,614
$1.1M
Cap Rate 9%
$831,144
$831.1K
Market Conditions
NOI Build-Up for 4,472 SF
Gross rent
$137.4K $30.72/SF
− Vacancy
−$37.6K −$8.42/SF
EGI
$99.7K $22.30/SF
− OpEx
−$24.9K −$5.58/SF
NOI
$74.8K $16.73/SF
Area
Ellis County, TX
Vacancy
27.40%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,496,060
Cap Rate 7%
$1,068,614
Cap Rate 9%
$831,144
Alternative Uses
Best Use
Office B
$1.07M
$935.0K – $1.25M
NOI $74,803 @ 7.0% cap · market cap 4.40%
Second Best
Healthcare Medical
$809.6K
$708.4K – $944.5K
NOI $56,669 @ 7.0% cap · market cap 3.33%
Theoretical Best
Multifamily LT 5
$48.80M
$42.70M – $56.93M
NOI $3,415,782 @ 7.0% cap · market cap 200.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 75165, TX
49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Medical Office Space - The interior combines private offices, treatment rooms, and larger areas for meetings or shared work.
Where is this medical office space located?
The property is located at 102 Ymca Drive Waxahachie, TX.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4,472‑square‑foot freestanding building on a 0.745‑acre lot; Ten private offices with windows, plus a large open workspace and a second larger room; 32‑space paved parking lot with accessible parking near the front entrance
