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Waterfront Development Land
For Sale
Under Contract
$7,632,065

501 Ovilla Road, Waxahachie, TX 75167

LAND - Waxahachie, TX

Property SizeContact for details
Lot Size120.19 Acres
Days on Market30

Property Features for 501 Ovilla Road

General Information

Property type Land
Property subtype Other
Zoning description SF-1
Subdivision E Horton
Lot features Acreage, Agricultural, Waterfront, City Lot
Elementary school Wedgeworth
Middle school Evelyn Love Coleman
High school Waxahachie
Elementary school district Waxahachie ISD
Middle school district Waxahachie ISD
High school district Waxahachie ISD
Directions From 287, Exit FM 664 and head south on FM 664 (Ovilla Road) Property will be on your Right, past the first community
Standard status Active Under Contract
APN 185241
Lot size 120.19 Acres

Taxes and HOA fees

Tax Description 466 E HORTON 79.813 ACRES
Tax Annual Amount 2165
Legal Description 466 E HORTON 79.813 ACRES

Utilities

Sewer type Public Sewer
Water source Public
Water front features Lake Front, Waterfront
Water front 1
Listing Agency: Oliver Realty
Listed By: Chris Oliver · License #0562685
Added: Jul 10 Changed: Aug 3 Last Checked: Aug 8 at 7:06AM
MLS# 21262774

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.

For sale is a waterfront land tract offering direct lake frontage and mature scattered hardwoods. The property is currently zoned SF-1 and sits flanked by two established residential communities zoned SF-2 and PD-SF-3, providing context for the surrounding development pattern.

Located at 501 Ovilla Road in Waxahachie, TX, the site features a 24-inch water line at the street, which may help reduce infrastructure risk and support faster project planning. This parcel is well suited for buyers evaluating residential and planned development opportunities consistent with the surrounding zoning framework.

With 120.19 acres of waterfront acreage, the property provides flexibility for large-scale planning where access to the lake and existing natural features are important considerations.

Key Highlights

  • 120‑acre waterfront tract with direct lake frontage
  • Currently zoned SF‑1
  • Adjacent communities zoned SF‑2 and PD‑SF‑3

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Auto Repair Shop Dental Office Garden Center Grocery & Convenience Store Big Box & Wholesale Store Pharmacy

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

66
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Waterfront Land - Waterfront tract with direct lake frontage, mature scattered hardwoods, and a 24-inch 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; Adjacent communities zoned SF‑2 and PD‑SF‑3
More about this property
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