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Property profile & analytics
OFF-MARKET
Retirement homes

901 Highway 77 Waxahachie, TX 75165

5 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Retirement homes
Lot 5 ac (217,800 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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