This exceptional 10.1-acre property in Waxahachie, Texas, presents a unique investment opportunity. Situated at 283 Old Church Rd, just off Highway 287, this expansive parcel is located within Waxahachie's Extraterritorial Jurisdiction (ETJ) and zoned for future rural estate use. The land offers a tranquil setting with no flood or wetland concerns, making it ideal for various uses, including residential development, agricultural pursuits, or a private estate. Its prime location provides easy access to Highway 287, ensuring seamless connectivity to the Dallas-Fort Worth metroplex. The property's proximity to local amenities, schools within the Waxahachie Independent School District, and recreational facilities enhances its appeal and potential. This versatile land offers significant development opportunities while maintaining a peaceful, rural atmosphere. The absence of flood or wetland issues minimizes potential development challenges, making this a highly attractive investment. The 10.1 acres provide ample space for a variety of projects, combining the benefits of rural living with convenient access to urban conveniences. This is a rare opportunity to acquire a substantial parcel of land in a rapidly growing area. The Ellis County location and 75165 zip code further enhance its desirability.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$4,048,046
Hospitality
$3,707,988
Educational
$3,085,003
Medical
$3,191,101
Retail
$4,798,894
Location Insight
City
Waxahachie
County
Ellis
State
Texas
Latitude
32.3341
Longitude
-96.7588
CBSA code
19100
CBSA name
DALLAS-FORT WORTH-ARLINGTON, TX METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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