Discover an exceptional investment opportunity in Waxahachie, TX with ~102 acres of prime land located at 2040 Lone Elm Rd. This expansive parcel offers a serene setting within Waxahachie's Extraterritorial Jurisdiction (ETJ) and is designated for future rural estate use. With a small pond and gentle flowing creek the property is prime for estate lots, agricultural pursuits, or as a home-site. The property is situated within the path of growth adjacent to city limits and Mingo’s 12,000 lot project currently in entitlement. The property provides the perfect blend of rural tranquility and urban convenience. Prime Location: Positioned in the growing community of Waxahachie, TX, with easy access to Interstate 35E, ensuring seamless connectivity to Dallas-Fort Worth and surrounding areas. Expansive Acreage: Offers 102.66 acres of versatile land, perfect for residential development, agricultural use, or a private estate. Development Potential: Located within Waxahachie's ETJ and designated for future rural estate use, providing significant development opportunities. Adjacent to City Limits: The property is adjacent to the current boundary of the Waxahachie City Limits Path of Growth: The property is squarely within the path of growth adjacent to Mingo’s project which they are currently planned for 12,000 lots
Minimal risk of a flood reaching the building in the next 30 years
5/10 Fire Factor
6% chance of being in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 22 days in 30 years
6/10 Wind Factor
27% chance of strong winds in next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 2 days in 30 years
Provided by First Street
Historical weather
Waxahachie, TX • 75167
Average low and high temperatures (°F)
55°
35°
66°
43°
77°
53°
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60°
83°
64°
90°
73°
94°
74°
93°
73°
90°
67°
83°
60°
73°
51°
64°
44°
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Sun exposure
100/ 100
Exceptional sunlight
Sunscore
This home ranks in the top 1% for direct sun exposure in Waxahachie. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
9.7 hrs
6.9 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 2040 Lone Elm Rd
$4,160,808
$429K under list price of $4.59M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $240K to $850K.