118 Jim Street
Waxahachie, TX 75165
754 sqft | 1 bed | 1 bath | 0.43 acres | #20958082
Description
TEARDOWN - New CONSTRUCTION OPPORTUNITY. **Not in any Floodplain 100yr, 500yr etc**
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.
Property Details
- Utility FeaturesCity Water, Electricity Available
- Property SubtypeSingle Family Residence
- FoundationPillar/Post/Pier
- School DistrictWaxahachie ISD
- Elementary SchoolOliver Clift
- Property TypePurchase
- MLS #20958082
- MLS #20958082
- Acres0.4270
- Square Feet754.00
- InteriorOther
- StyleOther
- SubdivisionFears
- CountyEllis
- Cost50000
- Year Built1900
- Bedrooms1
- Bathrooms1
- Full Baths1
Location
Legal
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Last Updated: . Source: NTREIS
Listing Courtesy
Listing Agent: Preston Carter (#0691700), Phone: (888) 455-6040
Listing Office: Fathom Realty (#FATH01)
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