Current Use by Public Records
- Land
Property Details for I-35 E & Hwy
- Lot size
- 10.19 lot acres
- Property type
- Land
Description
This exceptional 10.191-acre tract in Ellis County, Texas, presents a remarkable multifamily development opportunity. Priced at $2,885,480 ($6.50 per square foot), this Planned Development zoned land offers 443,919 square feet of potential. The property boasts a convenient location near the Waxahachie Civic Center, with easy access to shopping, schools, and churches. Currently featuring two existing units, this site is ideally positioned for expansion. Future development will require extension of Alliance Boulevard through the property, creating a significant 70-foot frontage. All utilities are readily available, ensuring seamless infrastructure integration for any new construction. This prime location and substantial acreage make this an unparalleled investment opportunity in the thriving Waxahachie market. The property is situated in Waxahachie, TX, zip code 75165, at the intersection of I-35 E and Hwy 287. This presents a unique chance to capitalize on the growing demand for multifamily housing in this desirable area. The existing infrastructure and planned development zoning streamline the development process, minimizing potential delays and maximizing return on investment.
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
- -96.7708
- Latitude
- 32.3783
