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.
Listed By
Agency Name: Oliver Realty
Agency Contact: 972-921-5797
Agent Name: Chris Oliver
Shown By
Agent Name: Karen Schaeper
Agent Phone: (254) 723-0902
Agency Title: Kelly, Realtors
Estimated Payment
$ 19,211.69 per month $16,985.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,226.02 Homeowner's Insurance
501 Ovilla Road | MLS# 21262774
This land located at 501 Ovilla Road , Waxahachie, TX 75167 is currently listed for sale with an asking price of $7,632,065. The property has approximately 120.19 Acres. Ovilla Road is located within the Waxahachie ISD school district. Search Waxahachie real estate on karenschaeper.kellyrealtors.com today.