118 Jim Street Waxahachie, TX 75165
0.43 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Fears
MLS Listing ID 20968398
HOA Y/N None
Year Built 1900
Annual Tax Amount $1,935
Lot Size 0.427 Acres
Acres 0.427
Property Sub-Type Improved Land
Property Description
Water and sewer lines available confirmed per city. Zoning: Base zoning is SF-3 (single family residential) Parcel is in the infill overlay district in which the development standards will defer to whichever is less restrictive on the potential new build (another major positive)
Extremely low price relative to lot comps & relative to avg resell new build price for home on a large lot like ours. This is a hot up incoming new development area a stone's throw away from Downtown Waxahachie. Lot Sq Ft: 18,600 (largest lot on the street)
The county appraised value 2025 is $92,324, significantly higher in market value based on comps and Price per square foot.
A buyer or builder would be able to purchase this massively discounted near 50% of current appraised land value and even significantly less when looking at market value by way of comps.
Location
State TX
County Ellis
Zoning SF3
Direction **Frontage access supported by the city, per, Shon Brooks directly, head of new development, from Jim St between the church and 110 Jim St. Unpaved dirt driveway direct access to subject property is the approved easement driveway access point from Jim St to the property lot.
Interior
Heating None
Cooling None
Heat Source None
Exterior
Fence None
Utilities Available City Water, Electricity Available
Garage No
Building
Lot Description Interior Lot
Schools
Elementary Schools Oliver Clift
High Schools Waxahachie
School District Waxahachie Isd
Others
Restrictions No Known Restriction(s)
Ownership See Tax
Acceptable Financing Cash, Other
Listing Terms Cash, Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20968398

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