2411 W Fm 813, Palmer, TX 75152
2411 W Fm 813, Palmer, TX 75152
2411 W Fm 813, Palmer, TX 75152
2411 W Fm 813, Palmer, TX 75152
2411 W Fm 813, Palmer, TX 75152
2411 W Fm 813, Palmer, TX 75152
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$ 1,700,000
Est. payment | /mo

3 Beds

3 Baths

2,839 SqFt


$ 1,700,000
Est. payment | /mo

3 Beds

3 Baths

2,839 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,839 sqft

Subdivision J R Riggs

MLS Listing ID 21424459

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N None

Year Built 1995

Annual Tax Amount $5,517

Lot Size 9.000 Acres

Acres 9.0

Property Sub-Type Single Family Residence

Property Description

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.

Location

State TX

County Ellis

Direction From Rockett head East on FM 813 in 1.2 miles property will be on your left. Sign in yard.

Rooms

Dining Room 2

Interior

Interior Features Other

Appliance Other

Exterior

Garage Spaces 2.0

Carport Spaces 2

Utilities Available Aerobic Septic, Co-op Electric, Co-op Water

Total Parking Spaces 4

Garage Yes

Building

Story Two

Level or Stories Two

Schools

Elementary Schools Palmer

Middle Schools Palmer

High Schools Palmer

School District Palmer Isd

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by William Sanders • Tero Real Estate

Nearby Locations

Melissa Dennis

+1(817) 917-4893

melissadennis@mtsapphire.com

2626 Cole Avenue Ste 300, Dallas, TX 75204, United States

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2411 W Fm 813