Listing provided courtesy of Oliver Realty- MLS# 21262774MLS ProviderContact Information: Chris Oliver - 972-921-5797

501 Ovilla RoadWaxahachie, TX 75167

Vacant Land · 120.19 Acres
$7,632,065 Active

501 Ovilla Road Overview

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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.

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501 Ovilla Road Facts & Features

  • Type Vacant Land
  • Lot 120.19 Acres

Details

General

Association/HOA

  • Association: No

Distance to Services

  • Distance To Street Numeric: 1300

School Information

  • School District: Waxahachie ISD
  • Elementary School: Wedgeworth
  • High School: Waxahachie

Business Information

  • Current Use: Cattle

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: WAXAHACHIE
  • Subdivision Name: E Horton

Community/Development

  • Development Status: Zoned

Tax Information

  • Tax Annual Amount: 2165.0

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 185241
  • Property Sub Type: Unimproved Land
  • Property Type: Land

Interior

Exterior

Lot Information

  • Lot Features: Acreage,Agricultural,Waterfront,City Lot
  • Lot Size Acres: 120.19
  • Lot Size Area: 120.19
  • Lot Size Square Feet: 5235476.4
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront Features: Lake Front,Waterfront
  • Waterfront: Yes

General Information

  • Sewer: Public Sewer
  • Utilities: Sewer Available,Underground Utilities,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

501 Ovilla Road Market Data

Based on the last 30 days in this zip code

$570,378
Average List Price
$202
Average Price per Square Foot
19
Properties Sold
285
Average Days on Market
230
Properties for Sale
Calculations provided by Reliance Network


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