Listing provided courtesy of TX Real Estate Partners- MLS# 21206790MLS ProviderContact Information: Erica Tito

525 Lake Park AvenueWaxahachie, TX 75165

Vacant Land · 7.89 Acres
$699,990 Active

525 Lake Park Avenue Overview

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Prime 7.89-acre residential development opportunity in the heart of Waxahachie with a conceptual 10-lot subdivision already studied and ready for builder vision. This residential development land presents an exceptional builder opportunity with strong subdivision potential in one of North Texas’ fastest-growing areas. The property currently features a single-family ranch-style home built in 1971 with 3 bedrooms, 2 baths, and approximately 1,675 square feet, but the true value lies in the land’s development potential. A completed plat study has already explored the concept for Lake Park Estates, offering shovel-ready potential for an infill development project with nearby infrastructure and city sewer and water available. Located just minutes from Lake Waxahachie, historic downtown Waxahachie, H-E-B, and major highway access, this property sits in a prime growth corridor with strong demand for new housing. This is a rare opportunity for builders and developers seeking entitled concept plan potential and residential development land within the city.

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525 Lake Park Avenue Facts & Features

  • Type Vacant Land
  • Lot 7.89 Acres

Details

General

Association/HOA

  • Association: No

School Information

  • School District: Waxahachie ISD
  • Elementary School: Northside
  • High School: Waxahachie

Building Information

  • Year Built: 1971

Business Information

  • Current Use: Development

Location/Region

  • Country: US
  • County Or Parish: Ellis
  • Postal City: WAXAHACHIE
  • Subdivision Name: Town

Community/Development

  • Development Status: Zoned

Rent/Lease Information

  • Land Lease: No

Tax Information

  • Tax Annual Amount: 6356.0

General Information

  • Listing Terms: Cash,Conventional,FHA,VA Loan
  • Parcel Number: 171592
  • Property Sub Type: Unimproved Land
  • Property Type: Land
  • Senior Community: No

Interior

Exterior

Lot Information

  • Lot Features: Acreage
  • Lot Size Acres: 7.891
  • Lot Size Area: 7.891
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 343731.96
  • Lot Size Units: Acres
  • Water Source: Public

Waterfront/View

  • Waterfront: No

General Information

  • Road Frontage Type: City Street
  • Sewer: Public Sewer
  • Utilities: Sewer Available,Water Available

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

525 Lake Park Avenue Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

525 Lake Park Avenue Market Data

Based on the last 30 days in this zip code

$504,365
Average List Price
$187
Average Price per Square Foot
79
Properties Sold
265
Average Days on Market
649
Properties for Sale
Calculations provided by Reliance Network


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