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3921 S Highway 287, Waxahachie, Texas– $1,800,000
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  • $1.8M Price
  • 2.97 Acres
  • 2012 Year Built
  • Study
  • Game Room
  • Media
  • Pool
  • $1.8M Price
  • 2.97 Acres
  • 2012 Year Built
  • Study
  • Game Room
  • Media
  • Pool

3921 S Highway 287
Waxahachie, Texas 75165-7454

County: Ellis G Carpenter

Exceptional opportunity to acquire a 10,000+ square foot commercial property on almost 3 acres, currently operating as a restaurant and event center. Conveniently located along U.S. 287 between I-35E and State Highway 45, the property offers excellent regional accessibility and a strategic location for a variety of commercial uses. The property features substantial existing improvements designed to accommodate both restaurant operations and private or public events. The versatile layout and existing infrastructure provide an excellent foundation for a future owner-user, investor, restaurant operator, event venue, or other commercial concept and can accommodate from 1 to 285 guests. With three beautifully appointed event spaces as follows: Bluebonnet Stage Room: Part of the main restaurant floor that can be closed off for private events with the glass garage doors. The main stage can be used for award ceremonies, banquets, events, and parties of all kinds. This flexible space can be opened to both the main dining room and the smaller private room. Bluebonnet Station: The perfect private party room for your next birthday, anniversary, reunion, shower, or corporate event. This room features three insta-worthy walls, flexible and stationary serving areas, and views of the gorgeous backyard. Throw open the barn doors and rent this space alongside the Bluebonnet Stage Room. The Bluebonnet Retreat: Rustic and laid-back, featuring its own private kitchen and bar area, a 900 square foot covered porch, outside pavilion and on-site bathrooms. The porch features dreamy views of the landscaped backyard and pond and offers the perfect retreat for your guests. The current business is relocating, creating a unique opportunity to acquire the real property only without assuming the existing business. Property is located outside of city limits in Ellis County.

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Essential Information

  • Price$1,800,000
  • Cumulative Days on MarketUnlock
  • MLS® #21374812
  • Acres2.97
  • Year Built2012
  • Built Desc.Preowned
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive Under Contract
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Quick Valuation Analysis from 2 Active Listings

Pricing Trends from 2 Active Listings in G Carpenter

This Home's Price $1,800,000 This Home's Price Per SqFt $
Average Price $1,075,000 Average Price Per SqFt $
Highest Price $1,800,000 Highest Price Per SqFt $
Lowest Price $350,000 Lowest Price Per SqFt $

Property Details

Community

  • Address3921 S Highway 287
  • SubdivisionG Carpenter
  • CityWaxahachie
  • CountyEllis
  • StateTexas
  • Zip Code75165-7454
  • UtilitiesAerobic Septic, Co-op Water, Concrete, Electricity Connected, Gravel/Rock, Individual Water Meter, Propane, Sidewalk

Amenities

  • SecuritySecurity System Owned
  • GaragesAggregate, Common, Concrete, Electric Gate, Parking Lot

Interior

  • FloorsCombination, Concrete, Painted/Stained
  • Stories1

Exterior

  • Lot DescriptionAcreage, Cleared

Construction Details / Floorplan

  • Stories1
  • RoofMetal
  • FoundationCombination, Slab, Other
  • ConstructionBrick, Metal Siding

Energy Efficiency / Green Features / Heating & Cooling

  • HeatingCentral, Electric

Additional Information

  • ZoningEllis County No Zoning. Currently used for Restaurant and Event Center.

Private Listing Information (Registration Required)

Listing Details

  • AgentMelissa Mcclain
  • OfficeColdwell Banker Realty

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Listing information last updated on October 21st, 2026 at 3:33pm CDT.