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    5001 Fm 877 Waxahachie, TX 75165

    Sponsored
    For Sale
    Contact for pricing

    Prime Ellis County development opportunity.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 926-acre tract of land presents a unique investment opportunity in Ellis County, Texas, just south of Waxahachie. Located at 5001 FM 877, Waxahachie, TX 75165 (APN 179744), this expansive property is zoned for Agricultural, Commercial, and Residential uses, offering unparalleled flexibility for diverse development projects. The sheer size of the parcel allows for substantial scale, accommodating large-scale residential communities, commercial ventures, or a combination thereof. While currently lacking formal surveys, all necessary due diligence can be incorporated into a suitable Letter of Intent. The sellers are open to considering proposals involving subdivision or phased development to facilitate a mutually beneficial transaction. This property's location near Waxahachie provides convenient access to existing infrastructure and amenities, making it an attractive proposition for developers seeking a strategic location in a growing area of Texas. The property's potential is significant, and its versatility makes it suitable for a wide range of development plans. Serious inquiries are encouraged to explore the possibilities of this remarkable land offering. Note that direct contact with the owners is prohibited.

    Property Features for 5001 Fm 877

    General Information

    Property type
    Farms
    Lot Size
    40,336,560 SF

    HighLights

    • 926‑acre tract in Ellis County, Texas, near Waxahachie.
    • Located at 5001 FM 877, Waxahachie, TX 75165 (APN 179744).
    • Zoned for Agricultural, Commercial, and Residential uses.
    • Suitable for large‑scale residential, commercial, or mixed‑use development.
    • Seller open to subdivision or phased development proposals.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.773569
    Latitude
    32.319102

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    FAQs

    What type of property is this?
    Farm - Prime Ellis County development opportunity.
    Where is this farm located?
    The property is located at 5001 Fm 877 Waxahachie, TX.
    What are key features of this property?
    This property features: 926-acre tract in Ellis County, Texas, near Waxahachie.; Located at 5001 FM 877, Waxahachie, TX 75165 (APN 179744).; Zoned for Agricultural, Commercial, and Residential uses.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5001 Fm 877 Waxahachie, TX 75165
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