TX
Ellis
Waxahachie
75167
501 Ovilla Road
501 Ovilla Road, Waxahachie, TX 75167
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Listing Type
Lots/Land
Listing Status
Active
25
$7,632,065

Home Details for 501 Ovilla Road

Price
$7,632,065
Type
Land
Lot size acres
120.19
County
Ellis
Days on site
1
MLS Listing#
21262774
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.

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Property Features
  • Utilities
    • Sewer Available
    • Underground Utilities
  • Waterfront and Water Access
    • Lake Front
  • Water Features
    • Public
School Information
School Information for 501 Ovilla Road, Waxahachie, TX 75167
Elementary School
Wedgeworth
Middle School
Evelyn Love Coleman
High School
Waxahachie
Listing Courtesy: Oliver Realty - 972-921-5797
Presented by: Chris Oliver
Dallas MLS - N.T.R.E.I.S. logoThe data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.
Last Updated: 2026-05-08 04:00:24
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EXIT REALTY ELITE
129 S. Main St, Ste 260, Grapevine, TX 76051
Jerry Hawn
License #: 0706288
Sales Representative
Office
817 925 5503
Agent
817 905 9019
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