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.
Lot/land
$699,990
525 Lake Park Ave, Waxahachie, TX 75165
--beds
--baths
7.89Acres
Unimproved Land
Built in 1971
7.89 Acres Lot
$495,300 Zestimate®
$--/sqft
$-- HOA
What's special
- 168 days
- 80
- 0
Zillow last checked:
Listing updated:
Listed by:
Erica Tito 0569899,
TX Real Estate Partners 817-617-2020
Source: NTREIS,MLS#: 21206790
Facts & features
Interior
Video & virtual tour
Property
Lot
- Size: 7.89 Acres
- Features: Acreage
Details
- Parcel number: 171592
- Zoning description: Single-Family Residential-2 (SF2). (a)General purpose and description: The Single-Family Residential-2 (SF2) Zoning District
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Town
HOA
- Has HOA: No
Location
- Region: Waxahachie
Financial & listing details
- Tax assessed value: $309,728
- Annual tax amount: $6,356
- Date on market: 3/13/2026
- Cumulative days on market: 169 days
- Listing terms: Cash,Conventional,FHA,VA Loan
Estimated market value
$495,300
$416,000 - $584,000
$2,367/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/30/2026 | Price change | $699,990-6.5% |
Source: NTREIS #21206790 Report a problem | ||
| 3/13/2026 | Listed for sale | $749,000 |
Source: NTREIS #21206790 Report a problem | ||
| 11/24/2015 | Listing removed | $1,325 |
Source: FBM Property Management - Edmond Graham Report a problem | ||
| 11/17/2015 | Price change | $1,325-3.6% |
Source: FBM Property Management - Edmond Graham Report a problem | ||
| 10/21/2015 | Price change | $1,375-1.8% |
Source: FBM Property Management - Edmond Graham Report a problem | ||
| 10/2/2015 | Listed for rent | $1,400 |
Source: FBM Property Management - Edmond Graham Report a problem | ||
| 4/23/2015 | Listing removed | $1,400 |
Source: FBM Property Management Report a problem | ||
| 4/10/2015 | Listed for rent | $1,400 |
Source: FBM Property Management Report a problem | ||
| 4/11/2014 | Listing removed | $1,400 |
Source: Hometown Realty #12112497 Report a problem | ||
| 3/28/2014 | Listed for rent | $1,400 |
Source: Hometown Realty #12112497 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,356 +6.6% | $309,728 +6.6% |
| 2024 | $5,962 -18.2% | $290,538 -18.2% |
| 2023 | $7,288 -0.5% | $355,000 +9.2% |
| 2022 | $7,321 | $325,000 +12.3% |
| 2021 | -- | $289,400 -3.5% |
| 2020 | -- | $300,000 +27.1% |
| 2019 | $3,255 +5.9% | $235,970 +7.9% |
| 2018 | $3,072 | $218,670 +1.4% |
| 2017 | $3,072 +15.2% | $215,720 +17.3% |
| 2016 | $2,666 +9.2% | $183,890 -24.6% |
| 2015 | $2,442 | $243,830 |
Find assessor info on the county website
Monthly payment
Climate risks
Neighborhood: 75165
Nearby schools
Schools provided by the listing agent
- Elementary: Northside
- High: Waxahachie
- District: Waxahachie ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



