$2,668,485

Description

Prime Commercial Opportunity: 20.42 Acres in Waxahachie, TX This 20.42± acre tract at HWY 287 and Parks School House Rd. is a premier commercial property located in one of the fastest-growing and most affordable suburbs in the U.S. Situated in an Opportunity Zone, it offers significant tax advantages, including potential deferral or reduction of capital gains taxes. Size & Zoning: 20.42 acres, Property ID: 209772, zoned for commercial use, currently AG exempt with an active farm lease. Utilities: All utilities are available to be verified by Buyer through the city of Waxahachie. Accessibility: Convenient ingress & egress to HWY 287 with prime frontage: 1,435’ ft frontage on HWY 287. 1,245’ ft frontage on Parks School House Rd. Located along an active HWY 287 corridor surrounded by multiple residential subdivision developments. Waxahachie’s population has grown 51% from 2010 to 2023, cementing its status as a top choice for affordable suburban living near DFW. Whether you're planning a HWY commercial development, retail center, mixed-use project, or other commercial development, this property offers unmatched potential in a thriving market.

  • Property Details
      • Lot description:Acreage, Agricultural, Cleared, Corner Lot
      • Acres:20.4200
      • Property type:Purchase
      • Utility features:City Sewer, City Water, Electricity Available, Other
      • Subdivision:S M Durrett
      • School district:Waxahachie ISD
      • Elementary School:Oliver Clift
      • County:Ellis
      • MLS #:20785401
      • Cost:2668485
      • Property subtype:Unimproved Land
      • MLS #:20785401

Location

Phil HillReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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annually
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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