Property profile

0 Fm 879 Waxahachie, TX 75165

OFF-MARKET
Commercial real estate
181.15 ac lot
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Property summary

AI-generated overview

Exceptional investment opportunity awaits with this expansive 181.15-acre tract of land situated in Waxahachie, Ellis County, Texas, zoned for commercial, hunting/recreational, and residential uses. Priced at $3,622,920 ($20,000/acre), this property boasts approximately 1103 feet of frontage on FM 879, providing convenient access to US Hwy 287, I-45, and I-35. The strategic location is further enhanced by its proximity to future Hines and D.R. Horton developments, suggesting significant growth potential. Utilities including city water, sewer, and electricity are readily available. A water easement exists with the adjacent Hines development. A Southern Pacific Railroad line runs east-west nearby. The property is currently ag-exempt. The seller is open to considering subdivision options. A recent survey is available for review. Buyers are responsible for verifying all provided information and utility availability. Detailed directions are available upon request. This versatile property presents endless possibilities for development and represents a compelling investment opportunity in a rapidly growing area.

Property profile

Verified
Property type Commercial real estate
Lot 181.15 ac (7,890,894 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Fm 879 Waxahachie, TX 75165
Waxahachie metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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