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501 Ovilla Road , Waxahachie, TX 75167

$7,632,065
  • 501 Ovilla Road , Waxahachie, TX 75167 Main Photo

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Active
LOT SIZE 120.190 acres MLS#21262774
STATUSActive PROPERTY TYPELand - Residential SUBDIVISIONE Horton SCHOOLWaxahachie ISD

Property Description

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.

501 Ovilla Road | MLS# 21262774

This land located at 501 Ovilla Road , Waxahachie, TX 75167 is currently listed for sale with an asking price of $7,632,065. The property has approximately 120.19 Acres. Ovilla Road is located within the Waxahachie ISD school district. Search Waxahachie real estate on baileygonzales.kellyrealtors.com today.

Property Features

Property Type: Land - Residential
Lot Size: 120.19 Acres

Feature Descriptions

Days on Site: 12
Lot: Acreage, Agricultural, Waterfront
Parcel#: 185241
Utilities: City Sewer, City Water, Sewer Available, Underground Utilities
Water Features: Lake Front

Local Schools

Elementary School: Wedgeworth
School District: Waxahachie ISD

Listed By / Shown By

Listed By

Agency Name: Oliver Realty
Agency Contact: 972-921-5797
Agent Name: Chris Oliver

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Shown By

Agent Name: Bailey Gonzales
Agent Phone: (979) 220-6587
Agency Title: Kelly, Realtors

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Estimate Your Payment

Estimated Payment

$ 19,211.69 per month $16,985.67 Principal & Interest $0.00 Property Tax (data not provided by mls) $2,226.02 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 05/20/2026. The listing information on this page last changed on 05/20/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 05/20/2026 12:27:07 AM EST) or NTREIS (last updated Tue 05/19/2026 11:48:37 PM EST) or SABOR MLS (last updated Tue 05/19/2026 11:52:12 PM EST) or CTXMLS (last updated Tue 05/19/2026 11:34:25 PM EST). Real estate listings held by brokerage firms other than Kelly, Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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