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    Neq - Ovilla Rd. & Marshall Rd Waxahachie, TX 75165

    For Sale
    Contact for pricing

    Prime Texas acreage, ideal for development. Excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 923.63-acre property in Ellis County, Texas, presents a significant development opportunity. Located near the intersection of Neq - Ovilla Rd. and Marshall Rd. in Waxahachie, TX 75165 (32.428905, -96.8735906), this expansive land parcel is zoned SF-1. Its strategic location offers easy access to major transportation routes, making it highly attractive for various commercial and residential ventures. The area is experiencing significant growth, as evidenced by recent large-scale developments nearby, including a new 600,000-square-foot e-commerce fulfillment center currently under construction in a nearby business park. This substantial landholding provides ample space for a diverse range of projects, catering to the increasing demand for both commercial and residential properties in this thriving Texas county. The property's size and zoning make it suitable for a variety of uses, presenting a unique investment opportunity with considerable future potential. Further details regarding permitted uses under the SF-1 zoning are available upon request.

    Property Features for 0 Neq - Ovilla Rd. & Marshall Rd

    General Information

    Property type
    Land
    Lot Size
    40,233,323 SF

    HighLights

    • 923.63 acres of land in Ellis County, Texas.
    • Located near the intersection of Ovilla Road and Marshall Road in Waxahachie, TX, zip code 75165.
    • Zoned SF‑1.
    • Suitable for residential and commercial development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.8735906
    Latitude
    32.428905

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    FAQs

    What type of property is this?
    Land - Prime Texas acreage, ideal for development. Excellent location.
    Where is this land located?
    The property is located at Neq - Ovilla Rd. & Marshall Rd Waxahachie, TX.
    What are key features of this property?
    This property features: 923.63 acres of land in Ellis County, Texas.; Located near the intersection of Ovilla Road and Marshall Road in Waxahachie, TX, zip code 75165.; Zoned SF-1.
    (214) 526-3626
    Request Owner's contact information
    Neq - Ovilla Rd. & Marshall Rd Waxahachie, TX 75165
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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
    Neq - Ovilla Rd. & Marshall Rd Waxahachie, TX 75165
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