$1,700,000
2411 W Fm 813 · Palmer, TX, 75152
About this home
This 9 acre tract is located in Ellis County along West FM 813, offering a rare combination of utility access, and development flexibility in a rapidly growing area of Ellis County. Positioned for multi-family development. The existing triplex and property layout are primed for additional units, with county location enabling streamlined approval process. Located on W FM 813 in Palmer, this property sits in a high growth pocket of Ellis County with strong fundamentals for multifamily development. The surrounding area benefits from proximity to Waxahachie's expanding employment and retail corridor, easy access to I-45, I-35E, and the broader Dallas Fort Worth metroplex while still offering the lower land costs and streamlined county level approvals that many developers seek. With limited existing multifamily inventory relative to population growth in southern Ellis County, the site is well positioned for additional units that can capture steady renter demand from families and workforce residents looking for quality housing outside the higher priced northern suburbs. Investment highlights: Utilities: Rockett water 16 line, septic, electric already available to the site. Zoning & Restrictions: Situated in the county with no deed restrictions, providing maximum flexibility for buyers giving the property more utility. Surroundings: Adjacent to subdivisions and multi-family developments, creating natural compatibility with residential and mixed-use development. Access: Current access is via W FM 813. Location on FM 813 with high traffic and demand for multi family. Growing residential demand in the Ellis County area. Strong potential for value-add through infrastructure upgrades. Centrally located between expanding Data Center projects in Red Oak and Palmer. All Info deemed reliable, not guaranteed by Seller or List Agent-Broker. Buyer & buyers agent to verify all Information including but not limited to schools SqFt measurements, features, condition, taxes, etc.
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Listing courtesy of Tero Real Estate. Listing data provided by the participating MLS via Trestle (CoreLogic). Information deemed reliable but not guaranteed.