LAND FOR SALE

SEC of Brown St and N Grove Blvd, Waxahachie, TX 75165
CONTACT BROKER

Property Type
Land

INVESTMENT HIGHLIGHTS

  • 3-over-1 Mixed Use Development opportunity in booming North Grove Development corridor
  • Opportunity to build roughly 110-115 residential units with bottom-floor retail
  • Located in the heart of the North Grove PD, surrounded by single-family communities
  • Fully entitled with utilities delivered to the site located in PD #3002
  • Rapidly growing area boasting great demographics: 
    • 1-Mi Median HH Income: $105,682
    • 1-Mi Average HH Income: $126,622
    • 1-Mi 5-Year Population Growth Estimate (2022-2027): 3.2% increase
    • 1-Mi Population Annual Growth from 2010-2022: 12%
  • Average Class-A Multifamily Rents & Unit Sizes in Waxahachie:
    • 1-Bed: ±758 SF | $1404/unit | $1.86/ft
    • 2-Bed: ±1063 SF| $1825/unit | $1.71/ft
    • 3-Bed: ±1252 SF| $2162/unit | $1.72/ft
  • Average Retail Rent/SF: $28 PSF
  • Nearby Community Amenities include North Grove Community Center, Max H Simpson Elementary School, North Grove Community Park, Eddie Finley Jr High School, and more

 


Broker of Record

  • Patrick Graham
  • License No. 9005919 (TX)
  • (866) 889-0550
  • Matthews Real Estate Investment Services, Inc
  • 8300 Douglas Ave.,
    Ste. 750, Dallas, TX 75225