www.crexi.com - The Commercial Real Estate Exchange
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
Subscribe to Intelligence for full access
Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.
34271149
34271190

140 Buchanan Dr, Waxahachie, TX 75165 For Sale

CJ
TX TX 744350
DUWEST
FS
TX TX719860
DUWEST
Listed by DUWEST
Unpriced
10 days on market
Updated 3 days ago

SEC S Ring Rd & Lakecrest Dr

Details
Property Type Land
Sub Type Agricultural, Industrial
Acreage 219.200
Zoning Agricultural

Land | 219.2 acres

Marketing description

Located in Waxahachie, TX, this expansive 219.2-acre land parcel is positioned in a dynamic and fast-growing submarket. The parcel lies within the extra-territorial jurisdiction (ETJ) and agricultural zoning, presenting a unique opportunity for developers seeking to harness the momentum of residential expansion in Waxahachie. With established residential communities such as Dove Hollow, Bison Meadows, and Terra Vista Farms nearby, this property is poised at the forefront of a burgeoning residential corridor. The steady increase in new-home activity underscores a robust demand, while the steady progression towards a balanced lot supply positions this land as a compelling investment for strategic development ventures.

Apart from its substantial size, a notable advantage of the property is its strategic location that offers significant access via major routes such as I-35E, US-287, and US-77. As the county seat of Ellis County, Waxahachie provides the perfect blend of regional accessibility and relative affordability — a compelling alternative to the more expensive DFW suburbs. The planned South Ring Road will further enhance connectivity, rendering the land even more attractive in the near future. Infrastructure advantages, including being within Rocket SUD's water service area, provide a foundational platform for development, albeit with a need for evaluation and planning for sewer service due to existing constraints.

This offering provides investors with a rare chance to control large acreage on the path of progressive residential growth, complementing a strategic land banking or development approach. Waxahachie’s ongoing transformation reflects substantial investment potential, making this property an invaluable asset for those aiming to participate in shaping the city’s future landscape.

Investment highlights

  • The offering consists of approximately 219.2 acres located along Lakecrest Drive and the future South Ring Road in Waxahachie, Texas.
  • The property sits in a part of Waxahachie where single-family residential growth has already taken shape. Nearby communities such as Dove Hollow, Bison Meadows, and Terra Vista Farms show the
  • continued expansion of the submarket east of the city’s established core. Recent new-home activity points to continued buyer demand, while lot supply has begun moving toward a more balanced position.
  • Waxahachie benefits from its position as the county seat of Ellis County, regional access via I-35E, US-287, and US-77, and relative affordability compared to many closer-in DFW suburbs.
  • From a development standpoint, the property offers a large land position with frontage on Lakecrest Drive and future frontage on South Ring Road.
  • Most of the Property is outside the Waxahachie city limits, with approximately 40 acres located within the City due to an annexed strip through the site.

Listing Contacts

CJ
TX TX 744350
DUWEST
FS
TX TX719860
DUWEST
Listed by DUWEST

Valuation Calculator

Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
$
$
%
Loan Amount
$--
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--

Valuation Metrics

0
DSCR
--
Cap Rate
--
ROI

Broker Selected Comps View More Comps

Property History

Intelligence Badge

Tax History

Intelligence Badge

Similar Properties

View All

Additional Information

Name
Chris Janowski
License
TX 744350
Brokerage Phone
9728218182
Name
Felix Saenz
License
TX719860
Brokerage Phone
214.720.0004
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
Is there information that looks off?
For assistance, reach out to our support team at [email protected] or call 888.273.0423 . For press inquiries, contact [email protected]
Equal Housing Opportunity
5510 Lincoln Blvd #400, Los Angeles, CA 90094Commercial Real Estate Exchange, Inc.Crexi Technologies, LLCCXTechnology, LLC
© 2026 Commercial Real Estate Exchange, Inc. All Rights Reserved. DRE #02086591