Paragon Realtors Real Estate

3921 S Highway 287Waxahachie, TX 75165Price: $1,800,000

  • Price: $1,800,000
  • 0 Day on Market
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Federal 30-year interest rate: 6.66% last updated on Aug 27, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $1,800,000List Price
  • 2.97Acreage

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Listed by Melissa McClain of Coldwell Banker Realty (972-351-5000)
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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Based on information submitted to North Texas Real Estate Information Services as of September 2, 2026 12:04 AM UTC. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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