15 Acres – Hwy 287 & Parks School House Rd
±15 Acres – Hwy 287 & Parks School House Rd
Marketing description
This ±15-acre tract at the hard corner of Hwy 287 & Parks School House Rd offers a rare opportunity to develop in one of Waxahachie’s fastest-growing corridors. With ±479 feet of frontage along Hwy 287, the site provides excellent visibility and access for retail, office, or multifamily projects.
The property features dual zoning—the front portion zoned FD (Future Development) and the back portion currently unzoned—allowing flexibility for a wide range of uses. Located across from Oliver E. Clift Elementary and surrounded by new DR Horton residential phases, the tract is positioned to capture strong demand from both community-serving retail and residential growth.
Designated within an Opportunity Zone, the site offers potential tax advantages for investors and developers. Its strategic location near the Waxahachie Sports Complex, Texas Motorplex, and historic downtown Waxahachie further enhances long-term value.
Investment highlights
±15 acres (653,400 SF) with prime Hwy 287 frontage
Flexible zoning: FD front portion, unzoned back portion – ideal for rezoning to retail, office, or multifamily
Opportunity Zone designation offers potential tax incentives for qualifying projects
Strong residential growth nearby – multiple DR Horton phases and new subdivisions under construction
Community anchor: Across from Oliver E. Clift Elementary School
High visibility: ±479 feet of Hwy 287 frontage with daily traffic exposure
Strategic location: Easy access to I-35E and the greater DFW metroplex
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