501 Ovilla Road, Waxahachie, TX 75167

Local realty services provided by:CENTURY 21 Elite
501 Ovilla Road,Waxahachie, TX 75167
$7,632,065
  • 120.19 Acres
  • Lots / Land
  • Active
Listed by: chris oliver
Office: oliver realty
MLS#:21262774
Source:GDAR

Price summary

  • Price:$7,632,065

About this home

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an independent agent affiliated with the CENTURY 21®  brand to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an independent agent affiliated with the CENTURY 21®  brand is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ).
 I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Listing ID #:21262774
  • Added:6 day(s) ago
  • Updated:May 14, 2026 at 11:52 AM

Structure and exterior

  • Lot area:120.19 Acres
  • Lot Features:Acreage, Agricultural, City Lot, Waterfront

Schools

  • High school:Waxahachie
  • Elementary school:Wedgeworth

Finances and disclosures

  • Price:$7,632,065
  • Tax amount:$2,165
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated May 14, 2026 Listings with the NTREIS logo are listed by brokerages other than CENTURY 21 Elite.