
Mixed-Use Land for Sale in Waxahachie, Texas
501 Ovilla Rd, Waxahachie, TX 75167
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
- County
- Ellis County
- Community
- E Horton
- Elevation
- 647 feet
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
466 E HORTON 79.813 ACRES
Resources
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
Lot
- Waterfront
- Lake Front, Waterfront
Nearby schools
| Name | Type |
|---|---|
| Wedgeworth | Elementary |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| May 8, 2026 | New listing | $7,632,065 | — | NTREIS |
























