Current Use by Public Records
- Land
Property Details for 0 Sec - Hwy. 287 & Palmetto Rd
- Lot size
- 62.05 lot acres
- Property type
- Land
Description
This exceptional 62.05-acre tract presents a rare development opportunity in rapidly growing Waxahachie, Texas. Located at the intersection of Hwy 287 and Palmetto Rd, this property boasts PD zoning permitting both townhome and multifamily development. The site is ideally situated just 2.64 miles from a vibrant retail corridor along Hwy 77, featuring major retailers like Chick-fil-A, Academy, Atwoods, Home Depot, HEB, and Walmart. Its proximity to I-35 (4 miles) provides convenient access to Downtown Dallas, a mere 35-minute commute. Waxahachie's impressive growth is evident, with 30% of its current residents having moved there within the last two years, and an additional 3,500 lots currently approved for development within city limits. This is the last entitled multifamily and townhome property in Waxahachie, offering a unique vision for future development. The property's location also benefits from its proximity to the revitalized downtown Waxahachie, featuring a variety of dining and entertainment options. This presents a compelling investment opportunity in a thriving Texas market. The Ellis County location and 75165 zip code further enhance its appeal.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Waxahachie
- County
- Ellis
- State
- Texas
- Longitude
- -96.8022
- Latitude
- 32.3951
