Excellent investment opportunity to acquire approximately 121.797 acres of prime land with an agricultural exemption, strategically located south of Waxahachie in Ellis County, Texas. This property falls within the Waxahachie ETJ. This expansive property features around 2,300 feet of frontage along FM 55, offering exceptional access and visibility. It is an attractive option for both agricultural use and potential development. Water and electricity are available on site, with no known floodplain or restrictions. The property is near to the planned 1,230-acre Lake Waxahachie development (Haven-Ranch subdivision), which could introduce up to 2,600 residential lots, enhancing its investment potential. Prospective buyers need to verify all information provided. Public Driving Directions: The property is located on the east side of FM 55, south of Waxahachie. Google Maps coordinates: 32 degrees 19'05.1 N 96 degrees 50'40.4 W