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Commercial Land with Existing Residence
New
For Sale
$850,000

1111 Ovilla Road, Waxahachie, TX 75167

CommercialSale, Waxahachie, TX

Property SizeContact for details
Lot Size2.45 Acres
Days on Market4

Property Features for 1111 Ovilla Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Residential currently, Commercial in Future Land Use Plan
Subdivision Irwin Branch- Rev
Lot features Acreage
Directions Hard corner of Ovilla Rd and Marshall Rd on the north side of Waxahachie.
Standard status Active
APN 290745
Lot size 2.45 Acres

Taxes and HOA fees

Tax Description E 500 OF 1 IRWIN BRANCH LOT 1R-B 2.4504 ACRES
Tax Annual Amount 4578
Legal Description E 500 OF 1 IRWIN BRANCH LOT 1R-B 2.4504 ACRES

Utilities

Sewer type Public Sewer

Building Details

Year built 1986
Floors in Building 1
Number of units 1
Building materials Brick
Listing Agency: Tero Real Estate
Listed By: Tim Cummings · License #616082
Added: Oct 4 Changed: Oct 5 Last Checked: Oct 7 at 12:06PM
MLS# 21403276

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.

Investment Insights

Based on property information with market context.

This 2.4505-acre commercial land parcel is platted and occupies a hard corner. An existing 2,169-square-foot brick residence, built in 1986, may serve as office space or be leased while commercial entitlements are pursued. Water and public sewer are available. The tract is currently zoned SFR, while the Future Land Use Plan designates the site for commercial use.

Ovilla Road runs along the property, where TxDOT is expanding the roadway to four lanes with a two-lane turning median. The right-of-way dedication is complete and accounted for in the plat’s net acreage. IH-35 is to the east, and Highway 287 is to the south. A planned residential development of more than 1,200 homes is northwest of the site; manufacturing and data facilities are east of the property.

Key Highlights

  • 2.4505‑acre platted tract at a hard corner
  • Existing 2,169‑square‑foot brick residence built in 1986
  • Water and public sewer available

Property Analytics

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Current Use

Commercial land

Suggested Use

Top Pick Building Supply Auto Repair Shop HVAC Service Auto Parts Store Carpet & Flooring Store Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby

Demographics for 75167, TX

12,455
Population
4,298
Households
2.9
Avg Household Size
39
Median Age
34%
College-Educated
89%
High-School Grad
95.8 sq mi
ZIP Area
130
Density / Sq Mi
$113,409
Median Household Income
$50,161
Median Earnings
$1,934
Median Rent
$369,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - A platted corner tract offers water and sewer availability alongside a residence suitable for office use.
Where is this commercial land located?
The property is located at 1111 Ovilla Road 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: 2.4505‑acre platted tract at a hard corner; Existing 2,169‑square‑foot brick residence built in 1986; Water and public sewer available
More about this property
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