Hwy 287 1
Waxahachie, TX 75165
Waxahachie Residential Land Development · Land For Sale · 162.00 AC

Marcus & Millichap is pleased to announce the exclusive offering of the Waxahachie Residential Land Development Portfolio with a potential of approximately 162 acres primed for residential development and approximately 20 acres designated for retail development. The southern 66 acres has a SF-2 Planned Development Ordinance approved by the city that a developer can amend to increase density. In addition, this southern 66–115-acre section is in an opportunity zone. The portfolio offers land developers an opportunity to build a large-scale residential community. The sites can be subdivided or purchased as whole to the appropriate developer.
The Properties are located 25 miles south from downtown Dallas and 35 miles southeast from downtown Fort Worth. All the properties in the portfolio offer highway frontage with Interstate 35 in proximity. A stone’s throw from the Dallas Metroplex, Waxahachie is a vibrant, authentic small town Texas community and the “Crape Myrtle Capital of Texas!” During the summer, the City’s historic streets are lined with hundreds of beautiful pink crape myrtles in full bloom. The city celebrates several festivals throughout the year providing an unforgettable experience for residents and visitors. This community provides a small town feel with all the luxuries of a larger suburban city. The recent additions of the Baylor Scott and White Facility and several retails developments along Hwy 287 are just the beginning of the uses needed to serve this growing community. Since 2010, Waxahachie’s average households have increased by 27 percent and is projected to increase to 43 percent in average households by 2025. The growth in communities like Waxahachie are due to the continued explosion in the Dallas-Fort Worth Metroplex in population, corporate relocations, and the need for affordable housing. With residential zoning in place, the Waxahachie Residential Land Development Portfolio offers developers expedited opportunities to create neighborhoods and investments that will last a lifetime.