# 501 Ovilla Road, Waxahachie, TX 75167

> **TL;DR:** land, $7,632,065.
> Waterfront. Est. $33,072/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $7,632,065 |
| Lot Size | 5,235,476 sqft (120.19 acres) |
| Property Type | Land (Unimproved Land) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $33,072 |
| **Total** | **$33,072** |

## Nearby Schools

- **Elementary:** Wedgeworth

## Key Amenities

- Waterfront

## Property Highlights

- 120.19 acre lot
- Waterfront

## Description

### Agent 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.

## Location

- **Address:** 501 Ovilla Road, Waxahachie, TX 75167
- **County:** Ellis
- **Neighborhood:** E Horton
- **Coordinates:** 32.42130636, -96.87515774
- **Google Maps:** https://www.google.com/maps?q=32.42130636,-96.87515774

## Listing Agent

- **Name:** Chris Oliver
- **Brokerage:** Oliver Realty
- **Phone:** 9729215797
- **Email:** chris@oliver-realty.com

## Primary Photo

![501 Ovilla Road - Primary Photo](http://lh.rdcpix.com/4fc43f051c0956faef296eb57e755b50l-f3974668496r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/501-ovilla-road-waxahachie-tx-75167-21262774)*

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**MLS#:** 21262774 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/501-ovilla-road-waxahachie-tx-75167-21262774)

---

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