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501 Ovilla Road

Waxahachie, Texas 75167
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Acres120.19

Acres(Lot)

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 popula tion 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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Detail Ic Property Details

Property Type : Land

Price : $7,632,065

AD Id : 78046252

MLS Id : 561198331

Lot Size : 120.19 Acres(Lot)

County : Ellis

Subdivision: E Horton

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Map

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Feature Features

  • Utilities

    City Sewer,City Water,Sewer Available,Underground Utilities

  • Lot Information

    Lot Size (Acr): 120.1900 Lot Size Units: Acres Lot Size Square Feet: 5,235,476 Lot Features: Acreage,Agricultural,Waterfront
  • Property Information

    Property Type: Land Property Sub Type: Unimproved Land Subdivision: E Horton City: Waxahachie State: Texas Directions: From 287, Exit FM 664 and head south on FM 664 (Ovilla Road) Property will be on your Right, past the first community Property Status: Active

  • Listing Price Information

    Original List Price: $7,632,065
  • Listing Information

    Possession: Closing/Funding

  • Tax Information

    Parcel Number: 185241 Tax Legal Description: 466 E HORTON 79.813 ACRES Unexempt Taxes: $2,165

  • Homeowners Association Information

    HOA Type: None

  • School Information

    Elementary School: Wedgeworth High School: Waxahachie Junior High School: Evelyn Love Coleman School District: Waxahachie ISD
  • Utility Information

    Utilities: City Sewer,City Water,Sewer Available,Underground Utilities
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
TBD Oak Tree, Waxahachie, TX, 75167 $200,000 -- -- -- 4.57 Acres(Lot)
149 Mulkey Road, Waxahachie, TX, 75167 $175,000 -- -- -- 1.55 Acres(Lot)
TBD Grainery Road, Waxahachie, TX, 75167 $7,469,472 -- -- -- 69.99 Acres(Lot)
TBD Fm- 876, Waxahachie, TX, 75167 $6,959,700 -- -- -- 154.66 Acres(Lot)
TBD Fm 66, Waxahachie, TX, 75167 $480,000 -- -- -- 4.14 Acres(Lot)
000 Fm 663 And Ovilla R.., Waxahachie, TX, 75167 $3,000 -- -- -- 2 Acres(Lot)
1001 Ovilla Road, Waxahachie, TX, 75167 $999,999 -- -- -- 35.37 Acres(Lot)
441 Mayberry Way, Waxahachie, TX, 75167 $115,000 -- -- -- 1.13 Acres(Lot)
TBD Fm876, Waxahachie, TX, 75167 $5,140,000 -- -- -- 128.51 Acres(Lot)
TBD FM 664 Fm-664, Waxahachie, TX, 75167 $2,500,000 -- -- -- 18.71 Acres(Lot)
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Disclosure: Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2026. All rights reserved

ByOwner last updated this listing 07/18/2026 @ 17:42

MLS: 561198331 LISTED BY: Chris Oliver, Oliver Realty 817-858-0055 SOURCE: NTREIS - North Texas Real Estate Information

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