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$82,491

NAL Estimated Property Value

1001 Ovilla Road, Waxahachie, TX, 75167

Off MarketInfo
Baths0 Bath
RanchRanch

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size35.37 acres

Land Information

APN00.5110.000.006.04.112
SubdivisionIrwin Branch- Rev
Land UseOther / Unknown
Legal DescriptionPT 6 IRWIN BRANCH 35.374 ACRES
Census Tract060211
Assessment Year2025

About this property

Rare opportunity with 38.5 acres ideally situated between Waxahachie and Midlothian. This versatile property offers the perfect blend of privacy and accessibility, located just minutes from established neighborhoods and growing commercial developments. As you wind back to the larger part of the property you will pass under a canopy of trees to find and impressive 8,000+ square foot pole barn built in 1996. It was thoughtfully designed for equestrian use, featuring 19 horse stalls, 11 paddock runs (eight fully enclosed), a designated stud stall, and a vet stanchion box. Each stall on the south side of the barn has its own tack room. The layout supports both professional operations and private ranch living. The barn can easily be adapted for a workshop, storage space or other uses if equestrian facilities aren't needed. The possibilities for this property are wide open. Create a stunning private ranch estate, develop a custom neighborhood with large acreage lots, or restore the grounds into a premier equestrian facility. The combination of location, acreage, and existing infrastructure makes this a rare and flexible investment opportunity in one of the area’s fastest-growing corridors.

Investor Tools

Property Icon
$82,491
Estimated Property Value
$0Estimated Mortgage Balance
$82,491Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,000 /month
Positive
Cash Flow Estimate:
$2,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$122/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,049
$82,491
2025
N/A
N/A
$1,130,664
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,049
$82,491

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$82,491
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waxahachie

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1001 Ovilla Road | Property Details | No Agent List