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Investment Highlights

  • Over 2 acres of land suitable for redevelopment or expansion for commercial purposes.
  • Broad frontage along FM 66 with visibility to local and commuter traffic patterns.
  • Serves a growing trade area fueled by Ellis County’s residential and economic development trends.
  • Proximity to I-35E and US-287 for efficient regional connectivity to Dallas and Fort Worth.
  • Potential for adaptive reuse of existing structure for office or showroom use.
  • Located within minutes of Downtown Waxahachie and multiple retail and service nodes.

Executive Summary

This 2.04-acre property offers high visibility and accessibility on FM 66, a corridor poised for continued growth within the rapidly expanding Waxahachie market. Located just minutes from I-35E and US-287, the site connects directly to Downtown Waxahachie and serves as a convenient link to the Dallas-Fort Worth metroplex. Ellis County’s surge in population and economic activity creates strong demand for service-oriented businesses, retail operations, and mixed-use developments.
The property includes just over two acres of level land with an existing structure that could be adapted for office, showroom, or owner-occupied business use. Ample frontage and potential for signage provide branding advantages in a trade area supported by expanding residential communities and regional employment centers. Strategic positioning along FM 66 enhances suitability for users seeking growth markets and highway visibility.

Property Facts

Price $999,999
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units
  • Auto Repair
  • Bank
  • Daycare Center
  • Fast Food
  • Garden Center
  • Healthcare
  • Hold For Development
  • Hold For Investment
  • Office Park
  • Rehabilitation Center
  • Restaurant
  • Service Station
  • Strip Center
  • Warehouse
Total Lot Size 2.04 AC
No. Stories 1
Zoning No Zoning - Outside City Limits

1 Lot Available

Lot

Price $999,999
Price Per AC $490,195.59
Lot Size 2.04 AC

The property consists of approximately 2.04 acres improved with a 1,824 square foot building and is located along FM 66 in Waxahachie, Texas. The parcel is accessible to major highways, including Interstate 35E and US-287.

Description

The property consists of approximately 2.04 acres improved with a 1,824 square foot building and is located along FM 66 in Waxahachie, Texas. The parcel is accessible to major highways, including Interstate 35E and US-287, and positioned within an area characterized by both residential and commercial growth. The site’s size and access make it suitable for potential redevelopment or adaptive reuse for commercial, retail, professional services, or mixed-use applications.

Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
179033
Land Assessment
$170,000
Improvements Assessment
$209,528
Total Assessment
$379,528
  • Listing ID: 34890424

  • Date on Market: 2/20/2025

  • Last Updated:

  • Address: 1651 FM 66, Waxahachie, TX 75167

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