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$7,632,065
1 Day On Site

501 Ovilla Road
Waxahachie, TX 75167

For Sale|Unimproved Land|Active
0
Beds
0
Total Baths
Subdivision:
E Horton
County:
Ellis
501 Ovilla Road501 Ovilla Road501 Ovilla Road501 Ovilla Road
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Monthly Payment (Est.)

$34,821
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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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Listing Snapshot
Price 
$7,632,065
Days On Site 
1 Day
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
120.19 Acres
Year Built 
N/A
MLS® Number 
21262774
Status 
Active
Property Tax 
$2,165
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
15 hours agoListing updated with changes from the MLS®
yesterdayListing first seen on site
General Features
Acres 
120.19
Additional Property Use 
Cattle
Property Sub Type 
Unimproved Land
Sewer 
Public Sewer
Special Circumstances 
Standard
Utilities 
Sewer AvailableUnderground Utilities
Water Source 
Public
Zoning 
SF-1
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Exterior Features
Frontage 
1300
Lot Features 
AgriculturalWaterfront
Waterfront 
Yes
Waterfront Features 
Lake Front
Community Features
Financing Terms Available 
CashConventional
School District 
Waxahachie ISD
Schools
School District
Waxahachie ISD
Elementary School
Wedgeworth
Middle School
Evelyn Love Coleman
High School
Waxahachie
Listing courtesy of Chris Oliver of Oliver Realty chris@oliver-realty.com



© 2020 North Texas Real Estate Information Systems. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed, or used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Last checked: 2026-05-08 07:14 PM CDT

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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