Waterfront Development Land with Lake
For Sale
$7,632,065
Pending
501 Ovilla Road, Waxahachie, TX 75167
120-acre site with direct lake frontage, mature hardwoods, and SF-1 zoning for potential residential development.
Property Size1 SF
Lot Size120.00 Acres
Days on Market174
Property Features for 501 Ovilla Road
General Information
Standard status
Pending
Size
1 SF
Lot size
120.00 Acres
Property subtype
Vacant Land
Zoning
SF-1
Additional Details
Utilities to Site
Yes
Listing Agency:
Oliver Realty
Listed By:
Chris Oliver · License #0562685
(972) 921-5797
Source:
Reflectrealestate
Added: Apr 5
Changed: Sep 19
Last Checked: Sep 22 at 3:36AM
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 Oliver Realty
Investment Insights
Based on property information with market context.
This 120-acre waterfront tract for sale at 501 Ovilla Rd in Waxahachie, TX features direct lake frontage and mature, scattered hardwoods. The property is currently zoned SF-1, providing a residential baseline for proposed development plans. A 24-inch water line at the street is identified as an existing utility improvement that may help reduce infrastructure risk and support project planning.
The site is flanked by two established residential communities, which are zoned SF-2 and PD-SF-3. This surrounding zoning context may be relevant to buyers evaluating entitlement pathways, including potential rezoning or planned development approaches, subject to local approvals. The property is located within the DFW Metroplex, offering a setting that blends natural amenities with nearby residential development.
For land investors, developers, and builders, this tract is well suited for projects that can incorporate lakefront amenities and preserve natural features like the existing hardwood scatter. The SF-1 base zoning, combined with adjacent residential zoning (SF-2 and PD-SF-3), may appeal to buyers considering a range of residential product strategies, from planning-focused single-family concepts to denser planned development configurations. Any mixed-use components or increases in density would require appropriate approvals.
The site is flanked by two established residential communities, which are zoned SF-2 and PD-SF-3. This surrounding zoning context may be relevant to buyers evaluating entitlement pathways, including potential rezoning or planned development approaches, subject to local approvals. The property is located within the DFW Metroplex, offering a setting that blends natural amenities with nearby residential development.
For land investors, developers, and builders, this tract is well suited for projects that can incorporate lakefront amenities and preserve natural features like the existing hardwood scatter. The SF-1 base zoning, combined with adjacent residential zoning (SF-2 and PD-SF-3), may appeal to buyers considering a range of residential product strategies, from planning-focused single-family concepts to denser planned development configurations. Any mixed-use components or increases in density would require appropriate approvals.
Key Highlights
- 120‑acre waterfront tract with direct lake frontage
- Currently zoned SF‑1, with adjacent communities zoned SF‑2 and PD‑SF‑3
- Mature scattered hardwoods on the property
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
54
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 120-acre site with direct lake frontage, mature hardwoods, and SF-1 zoning for potential residential development.
Where is this waterfront land located?
The property is located at 501 Ovilla Road Waxahachie, TX.
What is the asking price?
The asking price for this property is $7,632,065.
What are key features of this property?
This property features: 120‑acre waterfront tract with direct lake frontage; Currently zoned SF‑1, with adjacent communities zoned SF‑2 and PD‑SF‑3; Mature scattered hardwoods on the property
