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    Tbd Fm-813 Waxahachie, TX 75165

    For Sale
    $2,000,000

    6.24 Acres, High-Growth Area

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    313
    This exceptional 6.24-acre commercial property in Waxahachie, TX, presents a unique investment opportunity in one of the nation's fastest-growing counties. Located on a hard corner, approximately one mile from Highway 77 and its major retail establishments, this Ellis County site is zoned for multi-family and retail uses, surrounded by thriving residential development. Waxahachie's population has experienced remarkable growth, nearly doubling between 2022 and 2023, reaching an estimated 47,201 residents in 2023. This surge is fueled by the city's expanding amenities, affordable housing, and convenient proximity to the Dallas-Fort Worth metroplex. The city's strategic investments in infrastructure, including road improvements and enhanced public amenities, further support this positive growth trajectory. The Highway 287 corridor showcases significant commercial expansion, featuring new shopping centers, dining, and entertainment venues, creating a vibrant local economy and reducing the need for residents to commute. This property's prime location and zoning offer significant potential for a variety of commercial ventures, capitalizing on Waxahachie's continued expansion and the resulting high return on investment. Projected continued growth ensures a strong future for this exceptional commercial land offering.

    Property Features for Tbd Fm-813

    General Information

    Property type
    Other commercial real estate
    Lot Size
    271,814 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.84421
    Latitude
    32.39244

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    FAQs

    What type of property is this?
    Commercial real estate - 6.24 Acres, High-Growth Area
    Where is this commercial real estate located?
    The property is located at Tbd Fm-813 Waxahachie, TX.
    What is the asking price?
    The asking price for this property is $2,000,000.
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    Tbd Fm-813 Waxahachie, TX 75165
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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

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    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
    Tbd Fm-813 Waxahachie, TX 75165
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