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Industrial Land for Ground Lease
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FM 663 and Ovilla Road, Waxahachie, TX 75167

LAND - Other - Waxahachie, TX

Property SizeContact for details
Lot Size2.00 Acres
Days on Market167

Property Features for FM 663 and Ovilla Road

General Information

Property type Land
Property subtype Other
Zoning description Cattle, Horse, Farming
Subdivision Mc Naughtons Corner #2
Lot features Acreage, Agricultural, Backs To Greenbelt Park, City Lot
Elementary school Wedgeworth
High school Waxahachie
Elementary school district Waxahachie ISD
Middle school district Waxahachie ISD
High school district Waxahachie ISD
Directions see google maps
Standard status Active
APN 225527
Lot size 2.00 Acres

Taxes and HOA fees

Tax Description LOT 2 MC NAUGHTONS CORNER #2 9.036 AC
Tax Annual Amount 7636
Legal Description LOT 2 MC NAUGHTONS CORNER #2 9.036 AC

Utilities

Sewer type Aerobic Septic

Building Details

Year built 2002
Architectural style Other
Listing Agency: D&B Brokerage Services LLC
Listed By: Mani Raveendran · License #9010247
Added: Mar 12 Changed: Aug 1 Last Checked: Aug 25 at 8:06AM
MLS# 21202634

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.

Industrial land offered as a ground lease only, featuring an improved tract sized at 2 acres. The site is positioned behind the close of I-35E near the intersection of Marshall Rd and Ovilla Rd in Waxahachie.

Designed for flexible site use, the land supports single-tenant or multi-tenant options oriented toward trucking, parking, and storage operations, with other compatible operational uses noted. The property can be subdivided to accommodate specific acreage, with an option to expand gravel coverage as needed.

Infrastructure noted for the site includes an aerobic septic system. The property was built in 2002. Address: FM 663 and Ovilla Road, Waxahachie, TX 75167.

Key Highlights

  • Ground lease only industrial land
  • 2‑acre improved tract behind close of I‑35E near Marshall Rd and Ovilla Rd
  • Supports single‑tenant or multi‑tenant trucking, parking, and storage operations

Property Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

74
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

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Improved industrial land with aerobic septic, offered under ground lease, suitable for trucking, parking, and storage operations.
Where is this industrial land located?
The property is located at FM 663 and Ovilla Road Waxahachie, TX.
What are key features of this property?
This property features: Ground lease only industrial land; 2‑acre improved tract behind close of I‑35E near Marshall Rd and Ovilla Rd; Supports single‑tenant or multi‑tenant trucking, parking, and storage operations
More about this property
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