Land For Sale
501 Ovilla Road, Waxahachie, Texas 75167
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.
- Property Type:
- Land
- Listing Type:
- For Sale
- Listing ID:
- 21262774
- Price:
- $7,632,065
- Lot Area:
- 120.19 Acre
- Status:
- Pending
- Office Name:
- Oliver Realty
- Agent Name:
- Chris Oliver
- Listing Status:
- 3
- Property Sub Type:
- Unimproved Land
- Show Address:
- 1
- Waterfront Yn:
- 1
- Sewer:
- Public Sewer
- Utilities:
- Sewer Available, Underground Utilities, Water Available
- Waterfront Features:
- Waterfront, Lake Front
- Country:
- US
- State:
- TX
- County:
- Ellis
- City:
- Waxahachie
- Zipcode:
- 75167
- Street:
- Ovilla
- Street Number:
- 501
- Street Suffix:
- Road
- Longitude:
- W97° 7' 29.4''
- Latitude:
- N32° 25' 16.7''
- Directions:
- From 287, Exit FM 664 and head south on FM 664 (Ovilla Road) Property will be on your Right, past the first community
- Elementary School:
- Wedgeworth
- Elementary School District:
- Waxahachie ISD
- High School:
- Waxahachie
- High School District:
- Waxahachie ISD
- Middle School:
- Evelyn Love Coleman
- Virtual Tour:
- https://www.propertypanorama.com/instaview/ntreis/21262774
- Lot Features:
- Acreage, Agricultural, Waterfront, City Lot
- Current Use:
- Cattle
- Tax Annual Amount:
- 2165.0
- List Agent Mls Id:
- 0562685
- List Office Mls Id:
- OLVR01WA
- Listing Term:
- Cash, Conventional
- Mls Status:
- Pending
- Modification Timestamp:
- 2026-08-17T00:39:25Z
- Originating System Name:
- NTR
- Special Listing Conditions:
- Standard
- Status Change Timestamp:
- 2026-08-16T19:39:06Z


























