FM 878 , Waxahachie, TX 75165(Ellis County)

FM 878

Nice investment property in the path of future residential development. Almost perfectly rectangular in shape with good frontage on FM 878. Currently leased to agricultural tenant thru 2016 crop year with agricultural exemption in place. Verify any rollback taxes in change of use. Owners will consider owner financing with a minimum of 25% down. Owners are retaining 80% of royalty mineral interest but will convey 100% of the executive rights.