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Industrial Land Tract with Farmhouse
For Sale
$800,000

1651 Fm 66, Waxahachie, TX 75167

2.04-acre tract with a distressed 1940 farmhouse, positioned for redevelopment with visibility and access on a major thoroughfare.

Property Size1,824 SF
Price / SF$438.60
Days on Market50

Property Features for 1651 Fm 66

General Information

Standard status Active
Size 1,824 SF

Building Details

Year Built 1940
Listing Agency: NextHome Property Advisors
Listed By: Candi Cryer
Source: Minteerteam
Added: Jul 29 Changed: Sep 8 Last Checked: Sep 15 at 7:13PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NextHome Property Advisors

Investment Insights

Based on property information with market context.

Industrial land on a 2.04-acre tract at 1651 FM 66, offering flat, usable redevelopment space with prominent visibility and access along a high-traffic major thoroughfare just outside Waxahachie, Texas. The property is positioned in an industrial corridor surrounded by established industrial and commercial development.

At the center of the tract is a farmhouse built in 1940. The structure is currently in distressed condition and would require restoration, but it provides a physical opportunity for adaptive reuse, including potential conversion into character-oriented office, studio, or other commercial space while preserving the existing history.

The primary value is the land itself, with easy connectivity to a major arterial road and close proximity to Highway 35, supporting a range of future uses for new facilities, expansion, industrial operations, or redevelopment scenarios.

Key Highlights

  • 2.04‑acre industrial land tract at 1651 FM 66, flat and usable for redevelopment
  • Visibility and access along a high‑traffic major thoroughfare just outside Waxahachie
  • 1940 built farmhouse on‑site in distressed condition requiring restoration

Property Analytics

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Current Use

Industrial land

Suggested Use

Top Pick Hair Salon Plumbing Service Furniture & Home Goods Big Box & Wholesale Store Grocery & Convenience Store Kitchen & Bath Showroom

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

83
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
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - 2.04-acre tract with a distressed 1940 farmhouse, positioned for redevelopment with visibility and access on a major thoroughfare.
Where is this industrial land located?
The property is located at 1651 Fm 66 Waxahachie, TX.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2.04‑acre industrial land tract at 1651 FM 66, flat and usable for redevelopment; Visibility and access along a high‑traffic major thoroughfare just outside Waxahachie; 1940 built farmhouse on‑site in distressed condition requiring restoration
More about this property
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