Farm to Market Rd 878 , Waxahachie, TX 75165(Ellis County)

Homesteaders come build your dream right outside of town. This land has been cultivated for hay production for years and will make a remarkable base to start your garden, raise livestock, or anything else you can think of! Existing Ag Exemption makes for an easy transfer to you! Ellis County Requirements: 6 Bee hives of more than hobby use, 1 animal unit per 3-5 Acres, or continue the Hay exemption with only 2 Cuts required per year. Don't need a full 12.7 acres? This estate can be subdivided! One of the pictures above shows what a potential separation of the property into two 6-acre properties could look like for you and your family. 6-acre lots in Ellis County are listed from $225,000-$325,000, allowing you to recoup a significant portion of your investment! The seller also has already had plans drawn up for a 6,000 sqft estate that would have been built on the property that would go with any new owner should they desire. One picture above shows the renderings of the home.

INVESTORS:

For the investor, this property has the ability to be subdivided into 2-acre (minimum) tracts making an ideal luxury development of 6 homes and a road. Not ready to build just yet? Well, the current Ag Exempt is provided by a local Hay farmer who would love to continue to provide this Money Saving service for you! With Custom Builders already buying up tracts and building on Farm to Market 878 you will be right in the middle of luxury living in this location. To the East on Ike Rd are 7 custom-built homes on 1-acre lots and to the West, about Mile on FM 878 is a small luxury planned community of 13 custom-built homes by Stella Rose. 2-4 acre lots are listed in Ellis County at $200,000-300,000 ($70-80,000/acre), and the Stella Rose division lists their 1+/- Acre lots at roughly $120,000/acre. There is great potential for a substantial return on your investment and time!