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    901 Highway 77 Waxahachie, TX 75165

    Sponsored
    For Sale
    Contact for pricing

    Texas Assisted Living Facility Site. Excellent Location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 5-acre tract of land presents a remarkable opportunity for the development of a 155-unit assisted living facility. Strategically located at the southeast corner of US Hwy 77 and Maplewood Drive in Waxahachie, Texas, this property boasts ±576.92 feet of frontage on US Hwy 77, providing unparalleled visibility and accessibility. The site's proximity to major transportation arteries, including I-35E and US-287, ensures convenient access for residents, staff, and visitors. Ellis County's thriving community offers a strong potential market for senior living services. The property is zoned C, including Assisted Living (PD-90), simplifying the development process and minimizing potential delays. This prime location, combined with the existing zoning and ample acreage, makes this an ideal investment for developers seeking to capitalize on the growing demand for assisted living facilities in the Waxahachie area. The property's location offers easy access to US-77, I-35E, and US-287, ensuring convenient commutes for both residents and staff. Detailed information and pricing are available upon request. This is a rare opportunity to acquire a well-positioned site ready for immediate development. Don't miss out on this chance to build a thriving assisted living community in a rapidly growing market.

    Property Features for 901 Highway 77

    General Information

    Property type
    Retirement homes
    Lot Size
    217,800 SF

    HighLights

    • 5‑acre land parcel in Waxahachie, TX.
    • Zoned for Assisted Living (PD‑90).
    • Located at the southeast corner of US Hwy 77 and Maplewood Dr, near I‑35E.
    • Offers ±576.92 feet of frontage on US Hwy 77.
    • Provides easy access to major highways US‑77, I‑35E, and US‑287.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retirement homes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Waxahachie
    County
    Ellis
    State
    Texas
    Longitude
    -96.854906658165
    Latitude
    32.36710627381

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    FAQs

    What type of property is this?
    Retirement home - Texas Assisted Living Facility Site. Excellent Location.
    Where is this retirement home located?
    The property is located at 901 Highway 77 Waxahachie, TX.
    What are key features of this property?
    This property features: 5-acre land parcel in Waxahachie, TX.; Zoned for Assisted Living (PD-90).; Located at the southeast corner of US Hwy 77 and Maplewood Dr, near I-35E.
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    901 Highway 77 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
    901 Highway 77 Waxahachie, TX 75165
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