About This Home

This 3-bedroom, 3-bathroom single family at 2411 W Fm 813 in Palmer, TX is listed for $1,700,000 ($599 per sqft). Built in 1995, the home offers 2,839 sqft of living space on a 9.00 acres lot.

Key Features

  • Built in 1995
  • 9.00 acre lot
  • 2 stories

Property Details

2 stories
2 full, 1 half
2-car garage
1995
Listing Description

This 9 acre tract is located in Ellis County along West FM 813, offering a rare combination of utility access, and development flexibility in a rapidly growing area of Ellis County. Positioned for multi-family development. The existing triplex and property layout are primed for additional units, with county location enabling streamlined approval process.

Located on W FM 813 in Palmer, this property sits in a high growth pocket of Ellis County with strong fundamentals for multifamily development. The surrounding area benefits from proximity to Waxahachie's expanding employment and retail corridor, easy access to I-45, I-35E, and the broader Dallas Fort Worth metroplex while still offering the lower land costs and streamlined county level approvals that many developers seek.

With limited existing multifamily inventory relative to population growth in southern Ellis County, the site is well positioned for additional units that can capture steady renter demand from families and workforce residents looking for quality housing outside the higher priced northern suburbs.

Investment highlights: Utilities: Rockett water 16 line, septic, electric already available to the site. Zoning & Restrictions: Situated in the county with no deed restrictions, providing maximum flexibility for buyers giving the property more utility.

Surroundings: Adjacent to subdivisions and multi-family developments, creating natural compatibility with residential and mixed-use development. Access: Current access is via W FM 813. Location on FM 813 with high traffic and demand for multi family. Growing residential demand in the Ellis County area.

Strong potential for value-add through infrastructure upgrades. Centrally located between expanding Data Center projects in Red Oak and Palmer. All Info deemed reliable, not guaranteed by Seller or List Agent-Broker. Buyer & buyers agent to verify all Information including but not limited to schools SqFt measurements, features, condition, taxes, etc.

Monthly Cost Estimate

$9,092/mo

20% down · 6.5% · 30 years

Principal$1,229
Interest$7,367
Insurance$496

Estimates only. Actual payments may vary.

Location

2411 W Fm 813

Palmer, TX 75152

J R Riggs

Property Details

Parking

CarportGarage

Questions & Answers

This 3-bedroom, 3-bathroom single family at 2411 W Fm 813 is listed at $1,700,000 ($599/sqft). The estimated monthly payment is $9,092 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1995, 9.00 acre lot, 2 stories.

This property is listed by William Sanders.

WS

William Sanders

Agent at Tero Partners

Listed by Tero Partners · Broker phone: 972-777-4141 · View on Broker Site

MLS# 21424459· Source: North Texas Real Estate Information Systems, Inc.· Added to PropertySimple today

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2411 W Fm 813, Palmer, TX 75152

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