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$699,990
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Property Description
Prime 7.89-acre residential development opportunity in the heart of Waxahachie with a conceptual 10-lot subdivision already studied and ready for builder vision. This residential development land presents an exceptional builder opportunity with strong subdivision potential in one of North Texas' fastest-growing areas. The property currently features a single-family ranch-style home built in 1971 with 3 bedrooms, 2 baths, and approximately 1,675 square feet, but the true value lies in the land's development potential. A completed plat study has already explored the concept for Lake Park Estates, offering shovel-ready potential for an infill development project with nearby infrastructure and city sewer and water available. Located just minutes from Lake Waxahachie, historic downtown Waxahachie, H-E-B, and major highway access, this property sits in a prime growth corridor with strong demand for new housing. This is a rare opportunity for builders and developers seeking entitled concept plan potential and residential development land within the city.
Full Property Details
Full Property Details for 525 Lake Park Ave
General
- Price: $699,990
- Taxes: $6,356
- Status: Active
- Type: Lots/Land
- Source: NTREIS
- MLS ID: 21206790
- Updated: 5/4/2026
- Added to Site: 117 day(s) ago
Location
- County: Ellis
- Subdivision: Town
- Driving Directions: Please use GPS
School Information
- Elem School District: Waxahachie ISD
- Midd School District: Waxahachie ISD
- High School District: Waxahachie ISD
- Elementary School: Northside
- High School: Waxahachie
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- Detached/Attached: Detached
- Current Bldg. Use: Development
- Year Built: 1971
Lot Features
- Lot Size (Acres): 7.891
- Lot Size (Sq. Ft.): 343,731.96
- Lot Size Source: Public Records
- Frontage: City Street
- Lot Features: Acreage
- Development Status: Zoned
- Zoning: Single-Family Residential-2 (SF2). (a)General purpose and description: The Single-Family Residential-2 (SF2) Zoning District
Financial Considerations
- Tax Amount: $6,356
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial, Plat, Survey
- Legal Description: LOT 1-2 BLK 245 & 246 TOWN & 290 B B DAVIS 7.
- Property ID: 171592
- Block: 245 & 246
- Lot Number: 1-2
Listed by TX Real Estate Partners, Erica Tito
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Schools
Schools serving 525 Lake Park Ave
School District:Waxahachie Independent School District
| Name | Grades | Distance |
|---|---|---|
Northside Elementary School, Waxahachie, TX 801 Brown Street, Waxahachie, TX 75165 | K-5 | 1 mi |
Eddie Finley Sr J H 2401 Brown Street, Waxahachie, TX 75165 | 6-8 | 1.8 mi |
Waxahachie High School 3001 Us Hwy 287 Bypass, Waxahachie, TX 75167 | 9-12 | 4.6 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 525 Lake Park Ave
Date
Details
Price
Change
Source
4/30/2026
Price Reduced
$699,990
-6.54%
MLS
3/13/2026
Listed
$749,000
—
MLS
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
Tax History for 525 Lake Park Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$5,962
-18%
$309,728
7%
2023
$7,288
—
$290,538
-18%
2023
$7,288
40%
$355,000
9%
2022
$5,199
-23%
$325,000
12%
2021
$6,782
112%
$289,400
-4%
2020
$3,200
-2%
$300,000
130%
2019
$3,255
4%
$130,580
9%
2018
$3,123
2%
$119,920
3%
2017
$3,072
15%
$116,950
16%
2016
$2,666
6%
$100,710
6%
2015
$2,522
5%
$95,250
-2%
2013
$2,402
—
$96,820
2%
2013
$2,402
—
$95,210
—
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
Estimate the Cost for 525 Lake Park Ave
525 Lake Park Avenue, Waxahachie, TX 75165 (MLS# 21206790) is a Lots/Land property with a lot size of 7.891 acres. 525 Lake Park Avenue is currently listed for $699,990 and was received on March 13, 2026. Want to learn more about 525 Lake Park Avenue? Do you have questions about finding other Lots/Land real estate for sale in Waxahachie? You can browse all Waxahachie real estate or contact a Coldwell Banker agent to request more information.

