Lakefront Residential Development
For Sale
$7,632,065
501 Ovilla Road, Waxahachie, TX 75167
120-acre waterfront tract with direct lake frontage, mature hardwoods, and an existing water line at the street.
Property SizeContact for details
Lot Size120.00 Acres
Days on Market119
Property Features for 501 Ovilla Road
General Information
Standard status
Active
Lot size
120.00 Acres
Property subtype
Unimproved Land
Zoning
SF-1
Taxes and HOA fees
Annual Taxes
$2,165
Listing Agency:
Oliver Realty
Listed By:
Chris Oliver · License #0562685
(972) 921-5797
Source:
Senderopropertiesllc
Added: May 7
Changed: Aug 14
Last Checked: Aug 14 at 7:08AM
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 offering is a 120-acre waterfront land tract with direct lake frontage and mature scattered hardwoods across the site. The property is currently zoned SF-1, providing a starting point for residential development planning.
The tract sits flanked by two established residential communities zoned SF-2 and PD-SF-3. A 24-inch water line at the street is noted as being in place, which can help reduce early infrastructure uncertainty when designing site and utility plans.
For developers and buyers evaluating residential subdivision or planned development concepts, the combination of waterfront character, on-site natural amenities, and the stated existing water line at the street may support a range of layout and phasing approaches. The adjacent zoning context of SF-2 and PD-SF-3 can also be relevant for feasibility discussions around future entitlements. Please note that any rezoning or planned development outcomes would require verification through the appropriate local processes and approvals.
The tract sits flanked by two established residential communities zoned SF-2 and PD-SF-3. A 24-inch water line at the street is noted as being in place, which can help reduce early infrastructure uncertainty when designing site and utility plans.
For developers and buyers evaluating residential subdivision or planned development concepts, the combination of waterfront character, on-site natural amenities, and the stated existing water line at the street may support a range of layout and phasing approaches. The adjacent zoning context of SF-2 and PD-SF-3 can also be relevant for feasibility discussions around future entitlements. Please note that any rezoning or planned development outcomes would require verification through the appropriate local processes and approvals.
Key Highlights
- 120‑acre waterfront tract with direct lake frontage.
- Currently zoned SF‑1 with nearby established communities zoned SF‑2 and PD‑SF‑3.
- Mature scattered hardwoods on the property.
Property Analytics
Property Profile
Current Use
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - 120-acre waterfront tract with direct lake frontage, mature hardwoods, and an existing water line at the street.
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 nearby established communities zoned SF‑2 and PD‑SF‑3.; Mature scattered hardwoods on the property.
