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Harrison Lilly

| Harrison Lilly Realty Dallas | Harrison Lilly Realty | PLACE

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3921 S Highway 287 , Waxahachie, TX 75165
$1,800,000
Est. Payment: $10,110.14/mo
10496 Sqft
2.97 Acres
Status: active | Days on site: 39
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CBRB93 - 0526763,0719390
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House Description

Exceptional opportunity to acquire a 10,000+ square foot commercial property on almost 3 acres, currently operating as a restaurant and event center. Conveniently located along U.S. 287 between I-35E and State Highway 45, the property offers excellent regional accessibility and a strategic location for a variety of commercial uses. The property features substantial existing improvements designed to accommodate both restaurant operations and private or public events. The versatile layout and existing infrastructure provide an excellent foundation for a future owner-user, investor, restaurant operator, event venue, or other commercial concept and can accommodate from 1 to 285 guests. With three beautifully appointed event spaces as follows: Bluebonnet Stage Room: Part of the main restaurant floor that can be closed off for private events with the glass garage doors. The main stage can be used for award ceremonies, banquets, events, and parties of all kinds. This flexible space can be opened to both the main dining room and the smaller private room. Bluebonnet Station: The perfect private party room for your next birthday, anniversary, reunion, shower, or corporate event. This room features three insta-worthy walls, flexible and stationary serving areas, and views of the gorgeous backyard. Throw open the barn doors and rent this space alongside the Bluebonnet Stage Room. The Bluebonnet Retreat: Rustic and laid-back, featuring its own private kitchen and bar area, a 900 square foot covered porch, outside pavilion and on-site bathrooms. The porch features dreamy views of the landscaped backyard and pond and offers the perfect retreat for your guests. The current business is relocating, creating a unique opportunity to acquire the real property only without assuming the existing business. Property is located outside of city limits in Ellis County.

Highlights

Listed by Melissa McClain , and Damon Bentley , Coldwell Banker Realty , North Texas Real Estate Information Systems

Property Type

Commercial Sale

Lot/Acreage
2.97

Year Built

2012

County

Ellis

Neighborhood

G Carpenter

Listing ID

21374812

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Interior Features

Air Cond:Central Air,Electric
Fireplaces:
Floor:Combination,Concrete,Painted/Stained

Exterior Features

Lot:Acreage,Cleared,1 to < 3 Acres
Zoning:Ellis County No Zoning. Currently used for Restaurant and Event Center.
Roof:Metal
Others:
  • ▪ Additional:Preowned
Parking Features:Aggregate,Common,Concrete,Electric Gate,Parking Lot
Principal Interest
$10,110
Taxes
$1,148

Home Price

$1,800,000

Loan Details

30 yrs
7.542%

Down Payment

20%
$360,000
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:
$10,110.14

Principal

Taxes

Principal Taxes HOA Total
Monthly $10,110.14 $1,147.50 $0.00 $11,257.64
Yearly $121,321.62 $13,770.00 $0.00 $135,091.62
Total $3,639,648.63 $413,100.00 $0.00 $4,052,748.63

Today's Rates

30 Year

7.54%

20 Year

7.2%

15 Year

6.73%

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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: 2026-10-11T12:07:25.737Z

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