




$450,000
511 Farrar Rd, Waxahachie, TX, 75165
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What if your next home wasn't perfect yet—but the land, the setting, and the bones were already there? A rare opportunity to own more than 3 acres of Texas countryside with a pond, a creek, established surroundings, and room to create something truly your own. Located outside the city limits with no HOA and served by Palmer ISD, this is the kind of property buyers search for when they are ready for more space, more privacy, and fewer restrictions. The house is ready for its next chapter. With 4 bedrooms and 3.5 baths, the size and layout provide a strong foundation for a full transformation. Yes, it needs work—but some of the beautiful updates have already begun, including a renovated kitchen that offers a glimpse of just how special this home could be. Bring your ideas, your vision, and breathe new life into a property with great bones and so much potential. Outside is where the dream really starts to take shape. Imagine time at the pond, afternoons exploring along the creek, a garden that finally has room to grow, chickens in the yard, or simply enjoying the quiet that comes with having more than 3 acres to call your own. The detached workshop adds valuable space for tools, equipment, projects, hobbies, or the person who can never have enough room to tinker. This isn't a polished, cookie-cutter home waiting for someone else's furniture. It's an acreage property in Ellis County waiting for the right buyer to write its comeback story. If you've been searching for a fixer-upper on acreage near Palmer, Texas, a 4-bedroom country home with a pond and creek, property outside the city limits with no HOA, or a Texas home with a detached workshop and room to make your own—511 Farrar Road may be the opportunity you've been waiting to find. Bring this house back to life. The country setting is already here.
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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.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waxahachie
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