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Entitled Multifamily/Townhome Development Opportunity
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SEC - Hwy. 287 & Palmetto Rd, Waxahachie, TX 75165

Last entitled multifamily/townhome property in rapidly growing Waxahachie, Texas.

Property SizeContact for details
Lot Size62.05 Acres
Days on Market1507

Property Features for SEC - Hwy. 287 & Palmetto Rd

General Information

Standard status Active
Lot size 62.05 Acres
Property subtype Land
Zoning PD - TH - Will Subdivide & PD - MF - 1
Listing Agency: Davidson & Bogel Real Estate LLC
Listed By: Christopher Khoury · License #TX741101
Source: Crexi
Added: Jun 30, 2022 Changed: Aug 8 Last Checked: Aug 8 at 4:30AM

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 Davidson & Bogel Real Estate LLC

Investment Insights

Based on property information with market context.

This 62.05-acre property represents the last entitled opportunity for multifamily and townhome development in Waxahachie, Texas. Situated off Highway 287, it is located 2.64 miles from the Highway 77 retail area, which includes grocers and stores such as Chick-Fil-A, Academy, Atwoods, Home Depot, HEB, and Walmart. The site is 4 miles from I-35, providing a 35-minute commute to Downtown Dallas. Currently, 3,500 lots are approved and ready for development within Waxahachie city limits. The area has experienced rapid growth, with 30% of current residents having moved in within the past two years. Downtown Waxahachie, located 1.7 miles away, offers dining and entertainment options such as Prime115 Steak and Seafood, Twisted Double M, and Cork & Keg. The ongoing improvements to Downtown Waxahachie are being led by the same developer responsible for the redesign of the Bishop Arts District in Dallas, suggesting a similar vision for the area. This property offers a significant opportunity for development in a rapidly expanding city.

Key Highlights

  • Last entitled Multifamily and Townhome property in Waxahachie.
  • Prime location off HW 287, near HW 77 retail (Chick‑Fil‑A, Academy, Atwoods, Home Depot, HEB, Walmart).
  • Significant growth area: 30% of Waxahachie residents are new within the last two years.

Property Analytics

Current Use

Residential land & home ...

Location Intelligence

Trade Area within ½ mile

8
Businesses Nearby

Demographics for 75165, TX

49,805
Population
18,940
Households
2.6
Avg Household Size
36
Median Age
28%
College-Educated
90%
High-School Grad
118.0 sq mi
ZIP Area
422
Density / Sq Mi
$84,780
Median Household Income
$45,677
Median Earnings
$1,473
Median Rent
$308,100
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential land & home lot - Last entitled multifamily/townhome property in rapidly growing Waxahachie, Texas.
Where is this residential land & home lot located?
The property is located at SEC - Hwy. 287 & Palmetto Rd Waxahachie, TX.
What are key features of this property?
This property features: Last entitled Multifamily and Townhome property in Waxahachie.; Prime location off HW 287, near HW 77 retail (Chick‑Fil‑A, Academy, Atwoods, Home Depot, HEB, Walmart).; Significant growth area: 30% of Waxahachie residents are new within the last two years.
(214) 526-3626 Call to check price and availability
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