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Mixed-Use Land for Sale in Waxahachie, Texas

501 Ovilla Rd, Waxahachie, TX 75167

$7,632,065
120 acres
Active sale
ago
Est $59,368/mo

Rarely does a site of this caliber come to market. This stunning 120-acre waterfront tract offers unmatched development potential in one of the DFW Metroplex's fastest-growing corridors. Currently zoned SF-1, the property sits flanked by two established residential communities zoned SF-2 and PD-SF-3, demonstrating a clear market precedent for density and providing a compelling case for rezoning or planned development designation. Direct lake frontage and mature scattered hardwoods create exceptional natural amenities that translate directly into premium lot values. A 24-inch water line at the street significantly reduces infrastructure risk and accelerates project timelines. With strong rooftop density surrounding the site, proven neighborhood absorption on both sides, and explosive population growth driving continued demand, this is a generational land play. Whether your vision is a master-planned residential community or a mixed-use development blending retail, commercial, and residential, this property delivers the location, infrastructure, and natural setting to execute at the highest level.

Location

Street address
501 Ovilla Rd
Community
E Horton
Elevation
647 feet
Coordinates
32.4213, -96.8752

Directions

From 287, Exit FM 664 and head south on FM 664 (Ovilla Road) Property will be on your Right, past the first community

Property details

Acreage
120.19 acres
MLS #
NTREIS 21262774
Posted

Parcels

  • 185241

Legal description

Resources

Details and features

Listing

Type
Land
Subtype
Unimproved Land

Lot

Waterfront
Lake Front, Waterfront

Nearby schools

NameType
WedgeworthElementary

Listing history

DateEventPriceChangeSource
May 8, 2026New listing$7,632,065NTREIS
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This 120.19-acre property is located at 501 Ovilla Rd in Waxahachie, TX 75167. The property is available for sale for $7,632,065 with a price per acre of $63,500.

Checked 2 hours ago — Updated

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