FM Rd 878 - Residential LAND FOR SALE


Waxahachie, TX 75165 3,213,857 SF
$6,678,850 USD
214-556-1951
FM Rd 878, Waxahachie, TX for Sale
$6,678,850 USD
Residential LAND - FOR SALE
1/3
3,213,857 SF

FM Rd 878
Waxahachie, TX 75165


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 north, Perry Homes is selling homes up to $657,900 in their Myrtle Creek Subdivision.
  • Approximately 2.5 miles northwest of the Site, the intersection of Highway 287 and Highway 77 boasts numerous national retailers.
  • 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.
  • Ownership has preliminary construction plans for 223 single-family lots.
  • 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.

OVERVIEW

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. 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.

FOR SALE DETAILS

PRICE

$6,678,850 USD

PRICE/ACRE

$90,524/AC

PRICE/SF

$2 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

223 Paper Lots | Waxahachie, TX

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Development

LAND ACRES

73.78 AC

LAND SF

3,213,857 SF

OFFSITE IMPROVEMENTS

-

ZONING

PD-86- SF-2

APN/PARCEL ID

181799

ASK ABOUT THIS PROPERTY

Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

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Jordan CortezVanguard Real Estate AdvisorsMore Info
214-556-1951

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.