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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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501 Ovilla Rd , Waxahachie, TX 75167
$7,632,065
Est. Payment: $39,293.19/mo
0 Bed
0 Bath
0 Sqft
Status: pending | Days on site: 101
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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.

Highlights

Listed by Chris Oliver , Oliver Realty , North Texas Real Estate Information Systems

Property Type

Vacant Land

Lot/Acreage
120.19

County

Ellis

Neighborhood

E Horton

School District

Waxahachie ISD

Listing ID

21262774

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:

Exterior Features

Lot:Acreage,Agricultural,Waterfront,Over 100 Acres,Lake Front
Zoning:SF-1
Principal Interest
$39,293
Taxes
$180

Home Price

$7,632,065

Loan Details

30 yrs
6.674%

Down Payment

20%
$1,526,413
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$39,293.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $39,293.19 $180.42 $0.00 $39,473.60
Yearly $471,518.22 $2,165.00 $0.00 $473,683.22
Total $14,145,546.63 $64,950.00 $0.00 $14,210,496.63

Today's Rates

30 Year

6.67%

20 Year

6.37%

15 Year

5.93%

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Market insight data is pulled from the same city as the listing being viewed (Waxahachie, TX).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by North Texas Real Estate Information Systems Multiple Listing Service, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-08-24T21:21:41.390Z

© 2026 North Texas Real Estate Information Systems