US-287 & Park School House Rd Waxahachie, TX 75165
- Land
- 78.68 lot acres
Current Use by Public Records
- Land
Property Details for US-287 & Park School House Rd
- Lot size
- 78.68 lot acres
- Property type
- Land
Description
This ±78.681-acre commercial land parcel, located at the intersection of US-287 and Parks School House Road in Waxahachie, Ellis County, Texas (zip code 75165), presents a compelling investment opportunity. The property, identified by APN 180960, is zoned AG (Agricultural) and sits within both an Opportunity Zone and the Waxahachie ETJ (Extra Territorial Jurisdiction), offering significant tax advantages. Utilities are readily accessible, including City of Waxahachie water and sewer (sewer expansion is currently in the engineering phase), and Oncor Electric. The asking price is $2,990,000, translating to approximately $38,000 per acre. This undeveloped tract is strategically positioned off Highway 287, approximately 40 miles south of Dallas, and within the Waxahachie ISD school district. Its location adjacent to the rapidly expanding Saddlebrook Estates development, a master-planned community with over 1,770 existing lots and an additional 1,135 planned lots, and over 200 homes constructed annually, provides exceptional access to a thriving residential area with commercial and retail spaces, schools, pools, parks, and trail systems. The property's proximity to a robust and growing community, coupled with its Opportunity Zone designation and attractive pricing, makes it an exceptional prospect for developers and investors seeking significant returns in a high-growth area.
Value Estimation
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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
- -96.7683
- Latitude
- 32.3504
