118 Jim Street new Save Request In-Person Tour Request Virtual Tour
Waxahachie,TX 75165
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 754 sqft
Price per Sqft $66
Subdivision Fears
MLS Listing ID 20958082
Style Other
Bedrooms 1
Full Baths 1
Year Built 1900
Annual Tax Amount $1,935
Lot Size 0.427 Acres
Property Sub-Type Single Family Residence
Property Description
TEARDOWN - New CONSTRUCTION OPPORTUNITY. **Not in any Floodplain 100yr, 500yr etc** NEW CONSTRUCTION VALUES ranging around $350,000. **Frontage access supported by the city, per, Shon Brooks directly, head of new development, from Jim St between the church and 110 Jim St. Unpaved dirt driveway direct access to subject property is the approved easement driveway access point from Jim St to the property lot.
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.
Location
State TX
County Ellis
Rooms
Dining Room 0
Interior
Heating None
Cooling None
Flooring Wood
Fireplaces Type None
Laundry None
Exterior
Fence None
Utilities Available City Water,Electricity Available
Roof Type Composition
Building
Story One
Foundation Pillar/Post/Pier
Structure Type Siding,Wood
Schools
Elementary Schools Oliver Clift
High Schools Waxahachie
School District Waxahachie Isd
Others
Acceptable Financing Cash,Other
Listing Terms Cash,Other
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/20958082