525 Lake Park Ave, Waxahachie, TX 75165

$699,990

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List Price
$699,990
Price Change
▼ $49,010 1777598876
MLS#
21206790
Status
ACTIVE
Type
Land
Subtype
Land
Year Built
1971
Acres
7.89
County
Ellis
City
Waxahachie
Subdivision
Town

Property Description

Prime 7.89-acre residential development opportunity in the heart of Waxahachie with a conceptual 10-lot subdivision already studied and ready for builder vision. This residential development land presents an exceptional builder opportunity with strong subdivision potential in one of North Texas’ fastest-growing areas. The property currently features a single-family ranch-style home built in 1971 with 3 bedrooms, 2 baths, and approximately 1,675 square feet, but the true value lies in the land’s development potential. A completed plat study has already explored the concept for Lake Park Estates, offering shovel-ready potential for an infill development project with nearby infrastructure and city sewer and water available. Located just minutes from Lake Waxahachie, historic downtown Waxahachie, H-E-B, and major highway access, this property sits in a prime growth corridor with strong demand for new housing. This is a rare opportunity for builders and developers seeking entitled concept plan potential and residential development land within the city.

Additional Information

Unexempt Taxes
$6,356
Lot Size
343,731
Acres
7.89
School District
Waxahachie Isd
Elementary School
Northside
High School
Waxahachie
Possession
CloseOfEscrow

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Calculator source: Real Geeks

Listing courtesy of Erica Tito from TX Real Estate Partners. Contact: