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$519,900

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 2 Full Baths
  • 1 Partial Bath
  • 2.59 Acres
  • 2 Car Garage
  • Updated 1 day ago
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**$80,000 PRICE REDUCTION - NOW PRICED BELOW APPRAISAL!** Rarely does a private waterfront property with acreage, major system updates, and exceptional value become available at this price point. Nestled behind a gated entrance on 2.6 scenic acres, this move-in ready country retreat offers the perfect combination of privacy, space, and modern comfort. A stocked pond with a private fishing pier creates a true backyard oasis, delivering peaceful water views, wildlife, and the serene lifestyle buyers dream of when searching for acreage properties. Whether you're enjoying your morning coffee by the water, fishing from your own dock, or relaxing as you watch spectacular sunsets, this property offers the ultimate private escape just minutes from everyday conveniences. Inside, the flexible floor plan features 3 spacious bedrooms plus a dedicated home office, flex room, or hobby space. Multiple living and dining areas, including a media room, provide endless possibilities for entertaining, multigenerational living, remote work, or simply spreading out and enjoying the home's generous layout. The well-appointed kitchen features a gas range and ample workspace for cooking and gathering. Engineered wood flooring, new carpet, and abundant natural light create a warm, inviting atmosphere throughout. The major updates have already been completed, including a NEW ROOF (2025) and NEW HVAC SYSTEM (2025), offering peace of mind and reducing future maintenance expenses. A storage building provides additional space for tools, equipment, outdoor gear, or workshop needs. Properties offering **gated entry, acreage, a stocked pond, a private fishing dock, a media room, a home office, updated mechanical systems, and below-appraisal pricing** are increasingly difficult to find. If you're searching for a waterfront property, country estate, recreational property, or private retreat with room to breathe, this exceptional home delivers unmatched value and lifestyle.

Full Property Details for 4927 Fm 878

General

  • Price: $519,900
  • Taxes: $6,592
  • Status: Active
  • Type: Single Family
  • Source: NTREIS
  • MLS ID: 21175226
  • Updated: 7/23/2026
  • Added to Site: 161 day(s) ago

Interior

  • Interior Features: Cable TV
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas, Living Room
  • Appliances: Some Gas Appliances, Dishwasher, Gas Cooktop, Disposal, Gas Oven, Microwave, Plumbed For Gas
  • Flooring: Carpet, Ceramic Tile, Engineered Hardwood

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 3

Other Rooms

  • Laundry: Washer Hookup, Dryer Hookup, Laundry in Utility Room

Additional Information

  • Security/Safety: Prewired, Smoke Detector(s)

Exterior

  • Exterior Features: Dock, Rain Gutters
  • Porch/Patio/Deck: Rear Porch, Front Porch, Covered

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 2
  • Covered Spaces: 2
  • Parking Features: Driveway

Location

  • County: Ellis
  • Subdivision: J Plunkett
  • Driving Directions: Take US 287 to FM 878 and go north towards Palmer. The home is on the left side after construction light.

School Information

  • Elem School District: Palmer ISD
  • Midd School District: Palmer ISD
  • High School District: Palmer ISD
  • Elementary School: Palmer
  • Middle School: Palmer
  • High School: Palmer

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s)
  • Heating Type: Central, Fireplace(s), Natural Gas

Utilities

  • Sewer: Aerobic Septic, Septic Tank
  • Water: Rural
  • Cable Available: Yes
  • Utility Description: Electricity Available, Septic Available, Cable Available

Structural Information

  • Architectural Style: Traditional, Detached
  • Structure Type: House
  • Detached/Attached: Attached
  • Construction: Brick
  • Roof: Shingle
  • Windows: Window Coverings
  • Stories/Levels: 2
  • Living Area: 2,546 Sq. Ft.
  • Year Built: 2005

Additional Structures

  • Other Structures: Shed(s)

Lot Features

  • Lot Size (Acres): 2.59
  • Lot Size (Sq. Ft.): 112,820.4
  • Lot Size Source: Public Records
  • Lot Features: Acreage, Back Yard, Lawn, Many Trees
  • Fencing (Description): Fenced, Partial, Pipe

Water Features

  • Water Front: Yes
  • Water Front Desc.: Boat Dock/Slip

Financial Considerations

  • For Sale/Rent/Lease: For Sale
  • Tax Amount: $6,592
  • Terms: Cash, Conventional, 1031 Exchange, FHA, Other, Texas Vet, USDA Loan, VA Loan

Disclosures and Reports

  • Documents Avail.: Aerial
  • Legal Description: 826 J PLUNKETT 2.59 ACRES
  • Property ID: 189049

Listed by OnDemand Realty, Jackie McDonald

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Listing agent

— 4927 Fm 878 —

  • Jackie McDonald

    OnDemand Realty

214-202-4074

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 4927 Fm 878

School District:Palmer Independent School District
NameGradesDistance
Palmer Middle School
118 F M 813, Palmer, TX 75152
4-82.1 mi
Palmer Elementary School
303 Dick St, Palmer, TX 75152
PK-32.2 mi
Palmer High School
422 West Jefferson Street, Palmer, TX 75152
9-122 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 4927 Fm 878 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
6/08/2026
Price Reduced
$519,900
-5.47%
MLS
4/21/2026
Price Reduced
$550,000
-5.16%
MLS
3/26/2026
Price Reduced
$579,900
-3.33%
MLS
2/13/2026
Listed
$599,900
—
MLS
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 4927 Fm 878

Year
Property Taxes
Change
Tax Assessment
Change
2024
$4,928
1%
$462,890
10%
2018
$4,857
—
$420,809
10%
2018
$4,857
—
$382,554
-18%
2018
$4,857
—
$464,363
47%
2018
$4,857
—
$316,160
-4%
2018
$4,857
-10%
$329,960
7%
2019
$5,414
3%
$308,704
10%
2018
$5,235
-1%
$280,640
3%
2016
$5,285
6%
$271,220
9%
2015
$4,983
31%
$248,260
7%
2013
$3,809
—
$231,140
6%
2013
$3,809
—
$218,450
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 4927 Fm 878

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Listed by OnDemand Realty, Jackie McDonald

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4927 Fm 878, Waxahachie, TX 75165 (MLS# 21175226) is a Single Family property with 3 bedrooms, 2 full bathrooms and 1 partial bathroom. 4927 Fm 878 is currently listed for $519,900 and was received on February 13, 2026. Want to learn more about 4927 Fm 878? Do you have questions about finding other Single Family real estate for sale in Waxahachie? You can browse all Waxahachie real estate or contact a Coldwell Banker agent to request more information.

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