501 Ovilla Road, Waxahachie, TX 75167

Waxahachie
Local realty services provided by:ERA Empower
501 Ovilla Road,Waxahachie, TX 75167
$7,632,065
Virtual Tour
  • 120.19 Acres
  • Lots / Land
  • Active
Listed by: chris oliver
Office: oliver realty
MLS#:21262774
Source:GDAR

Price summary

  • Price:$7,632,065

About this home

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...

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Home facts

  • Listing ID #:21262774
  • Added:52 day(s) ago
  • Updated:June 29, 2026 at 11:53 AM

Structure and exterior

  • Lot area:120.19 Acres
  • Lot Features:Acreage, Agricultural, City Lot, Waterfront

Schools

  • High school:Waxahachie
  • Elementary school:Wedgeworth

Finances and disclosures

  • Price:$7,632,065
  • Tax amount:$2,165
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated June 29, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Empower.

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