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FM Rd 878 - 223 Paper Lots | Waxahachie, TX 73.78 Acres of Residential Land Offered at $6,678,850 in Waxahachie, TX 75165
INVESTMENT HIGHLIGHTS
- The Site is in the southeast side of Waxahachie and strategically located less than half a mile from Highway 287.
- Approximately 2.5 miles northwest of the Site, the intersection of Highway 287 and Highway 77 boasts numerous national retailers.
- Ownership has preliminary construction plans for 223 single-family lots.
- Approximately 2.5 miles north, Perry Homes is selling homes up to $657,900 in their Myrtle Creek Subdivision.
- The Site is currently zoned in a Planned Development allowing for a minimum lot size of 70’ x 100’ and minimum home size of 2,000 square feet.
- Per the Texas Realtors, the Median Home Price in Waxahachie as of January 2025 was $382,000, a 3.3 percent increase year-over-year.
PROPERTY FACTS
| Price | $6,678,850 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | Single Family Development |
| No. Lots | 1 | Total Lot Size | 73.78 AC |
| Property Type | Land | ||
| Zoning | PD-86- SF-2 - Planned Development - Single Family | ||
| Price | $6,678,850 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 73.78 AC |
| Zoning | PD-86- SF-2 - Planned Development - Single Family |
1 LOT AVAILABLE
Lot
| Price | $6,678,850 | Lot Size | 73.78 AC |
| Price Per AC | $90,523.85 |
| Price | $6,678,850 |
| Price Per AC | $90,523.85 |
| Lot Size | 73.78 AC |
DESCRIPTION
Vanguard Real Estate Advisors (“VREA”) has been exclusively retained by Ownership to offer home builders and developers the opportunity to acquire 223 single family paper lots (“the Site”) located along FM 878 in Waxahachie, TX. The 73.78+/- acre site is located one block east of Highway 287 and 4 miles from Interstate 35. Ownership’s preliminary construction plans reflect 223 single family lots, consisting of primarily 70’ x 120 lots; Ownership indicated these plans will need to be resubmitted to the city prior to starting development. The Site is served by Waxahachie ISD, which holds an “A-” rating per Niche.com. This represents an exceptional opportunity to acquire entitled single family lots in a thriving DFW metroplex suburb at only $29,950 per paper lot. Seller Financing available for select groups. Please call for additional details. A 1.5% co-broker fee is available to a Co-Broker that sources a Principal that VREA has not previously contacted in any format or sent information to regarding this opportunity. A third-party broker must identify their client upon initial contact with VREA.
PROPERTY TAXES
| Parcel Number | 181799 | Improvements Assessment | $0 |
| Land Assessment | $25,369 | Total Assessment | $25,369 |
PROPERTY TAXES
CONTACTS
-
Jordan Cortez -
Justin Tidwell -
Reid Pierce -
Haley Birmingham -
Will Droese -
Mason John -
Alex Johnson -
Vanguard Real Estate Advisors
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FM Rd 878 - 223 Paper Lots | Waxahachie, TX
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