The south edge of Waxahachie is on track for a major shakeup, as a 75-acre mixed-use project called Palmetto Road lines up roughly 1,065 new homes alongside future retail. Plans call for about 915 garden-style multifamily units plus 150 single-family rentals, rolled out in multiple phases. Early filings put the first phase at an estimated $35 million, with a possible groundbreaking in September.
Alpine's plan: 1,065 units, mixed housing and retail
Developer Alpine Start Development pitches Palmetto Road as a 75-acre, master-planned community that combines garden-style multifamily housing, single-family rentals and credit retail in one package just off U.S. Highway 287 and minutes from downtown Waxahachie. The company describes the project as a phased, multiyear build, with construction scheduled to unfold in stages, according to Alpine Start Development.
Phase 1: $35M kickoff, 15 buildings and a clubhouse
A recent filing with the Texas Department of Licensing and Regulation pegs Phase 1 at about $35 million and indicates construction could start in September. The filing outlines 15 multifamily buildings, 198 tuck-under garages spanning roughly 326,967 square feet and a 5,590-square-foot clubhouse. Alpine did not respond to a request for comment by publication time, as reported by the Houston Chronicle.
Where it would sit and who's backing it
The development site is mapped to Palmetto and Palmer-Boyce roads next to U.S. Highway 287, about 30 miles south of Dallas. Public filings and a November 2025 press release identify Japan-based Nishi-Nippon Railroad as a joint venture partner alongside Alpine and list the project address as 878 Palmetto Road in Ellis County, according to PR Times.
What comes next
If the current schedule holds, Palmetto Road would introduce hundreds of new residents and a large block of rental housing to Waxahachie, adding strain to local roads, utilities and city services. Alpine already has multifamily construction underway elsewhere in North Texas, including a 312-unit project in Haltom City, and the pace at Palmetto Road will hinge on final plat approvals, utility work and broader market conditions, according to the Houston Chronicle.
