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Multi-Tenant Flex Property
For Sale
$900,000

3901 S Highway 287, Waxahachie, TX 75165

CommercialSale, Waxahachie, TX

Property SizeContact for details
Lot Size1.48 Acres
Days on Market96

Property Features for 3901 S Highway 287

General Information

Property type Commercial Sale
Property subtype Other
Subdivision G Carpenter
Directions From Waxahachie take U.S. Hwy. 287 towards Ennis and the property will be on your left.
Standard status Active
APN 278475
Lot size 1.48 Acres

Taxes and HOA fees

Tax Description 190 G CARPENTER 1.479 ACRES
Tax Annual Amount 12141
Legal Description 190 G CARPENTER 1.479 ACRES

Utilities

Sewer type Septic Tank
Heating system Central
Cooling system Electric, Central Air

Building Details

Year built 2004
Floors in Building 1
Number of units 4
Building materials MetalSiding, Rock, Stone
Roof type Metal
Listing Agency: Joe Rust Company
Listed By: Lance Rust · License #0511897
Added: Jun 11 Changed: Sep 5 Last Checked: Sep 14 at 4:06AM
MLS# 21298967

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 flex property combines office areas, warehouse space, and yard space on a 1.479-acre parcel. The 2004 improvements feature a metal roof, metal siding, rock and stone construction materials, central heating, electric cooling, and a septic tank system. Four tenants currently occupy the property under month-to-month leases.

The property is located at 3901 S Highway 287 in Waxahachie, along the highway corridor between Waxahachie and Ennis. It sits outside the city limits, with no known restrictions identified in the property information. The site offers a mix of enclosed commercial space and outdoor yard area suited to a range of flex-oriented operations.

Key Highlights

  • 1.479‑acre flex property with office, warehouse, and yard space
  • Four existing tenants, all on month‑to‑month leases
  • Frontage along Hwy. 287 between Waxahachie and Ennis

Property Analytics

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Current Use

AF Contracting, LLC Construction Company

Suggested Use

Top Pick HVAC Service Catering Service Real Estate Agency Grocery & Convenience Store Food Market Mobile Phone Store

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

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

95
Businesses Nearby
Well-served
Demand for This Use

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

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Bluebonnet BBQ 3921 US-287, Waxahachie, TX 75165

Frequently Asked Questions

What type of property is this?
Flex space - Office, warehouse, and yard components create a flexible commercial configuration with multiple existing occupants.
Where is this flex space located?
The property is located at 3901 S Highway 287 Waxahachie, TX.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 1.479‑acre flex property with office, warehouse, and yard space; Four existing tenants, all on month‑to‑month leases; Frontage along Hwy. 287 between Waxahachie and Ennis
More about this property
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