The Most Underrated City in DFW With Acre Lots — Lakeway In Waxahachie

Scott Baxter • November 15, 2025

Table of Contents

Overview: Why Waxahachie Is Underrated

If you want space, small-town character, and room to breathe without sacrificing a quality home, Waxahachie is a rare find in DFW. The south side of the metroplex still has wide-open land, acre-to-two-acre parcels, and neighborhoods that feel like real Texas living — not just subdivisions stacked on top of one another.

Lake access, ponds scattered through neighborhoods, and builders offering one-story plans that take advantage of large lots make this area especially attractive for families who want yard space, privacy, and outdoor activities without a long commute penalty.

Lakeway Estates At A Glance

Lakeway Estates sits right beside Lake Waxahachie, giving several lots direct or close water access and scenic views. The development mixes large private yards with thoughtfully placed ponds and preserved open spaces, creating a layout that actually feels like acreage rather than dense housing.

Two primary builders are active here. One delivers highly curated finish-outs and elevated design choices. The other focuses on a slightly different price point and plan mix. That competition is good for buyers — it means choices, varied timelines, and floorplans that range from practical to luxurious.

Inside The Catania Model — Chesmar Homes

The Catania is Chesmar Homes' standout single-story plan for Lakeway Estates. It’s a one-story layout, roughly 3,480 square feet, with four bedrooms, three-and-a-half baths, an office, a game room, and a three-car garage. The plan even includes a separate mother-in-law suite with its own living area — a layout many buyers appreciate for multigenerational living or long-term guests.

What sets this builder apart in this neighborhood is the finish-out level. Chesmar prioritizes higher-end materials and details: vaulted ceilings with exposed beams, double front doors that flood the entry with light, designer chandeliers, and thoughtfully planned circulation so primary and secondary spaces feel distinct and functional.

Bright open-plan living room with kitchen, seating area, stone fireplace, large windows and inset ceiling beams

The Catania is designed to feel expansive while still being practical. Here are the standout elements I look for when evaluating a home like this.

Entry & Living Areas

The entry opens under tall ceilings with beams and a dramatic chandelier. A formal living area centered on a gas fireplace creates a comfortable but elevated gathering space. The layout maximizes natural light while maintaining cozy furniture groupings.

Kitchen & Dining

The kitchen is built for real life: double ovens, a six-burner gas cooktop, space for an oversized refrigerator, a large pantry, and a double island configuration. The double island is a practical choice for families who entertain frequently or need clear staging zones for cooking, homework, or buffets during holidays.

Spacious Catalina kitchen with large marble island, three bar stools, pendant lights and open sightline to the dining area.

Utility & Garage

The mudroom and laundry are adjacent to the garage entry and include practical built-ins: hooks, a cubby, and a utility sink. Three-car garages in these plans are deep enough for trucks, toys, or an extra workshop bay. Chesmar also lets buyers choose design selections in-house — stone, tile, brick, roofing, countertops, and more.

Flex Spaces & Media

A dedicated media/flex room off the main living area comes with privacy doors and room for blackout treatments. This is a valuable bonus for families who want separation between the main living area and a dedicated TV or gaming space.

Media room showing wall-mounted TV, storage console, open privacy door and hallway access.

Secondary Bedrooms & Jack-and-Jill Bath

Two secondary bedrooms share a Jack-and-Jill bath with thoughtful storage and access. These rooms are deep and provide real closet capacity — not cramped kid-room footprints.

Primary Suite

The primary suite stands out with tall windows, accent ceiling color, and direct backyard access. The layout separates the bedroom from the wet areas for privacy. The primary bath includes his-and-her vanities, a freestanding tub, a large walk-in shower, and a roomy water closet. The closet is long and organized with natural light from a small window.

Primary bedroom with bay of tall windows, tray ceiling with accent color, bed and seating area

Mother-In-Law Suite

A true secondary suite with vaulted ceilings, its own bath, and private closet functions well for visiting parents, adult children, or as an income-generating guest suite. Having a separate living area within the home increases flexibility.

Secondary bedroom with bed, vaulted ceiling, window and bedside tables in the Catalina model

Other Chesmar Plans And Pricing

Chesmar offers multiple one-story plans in Lakeway Estates with varied square footages and starting prices. These are helpful benchmarks when comparing finish level and lot premiums.

  • Catania (model):~3,480 sq ft — starts around $751,190
  • Alexandria:~2,619 sq ft — starts around $649,000
  • Valencia:~2,734 sq ft — starts around $659,000
  • Bordeaux:~3,232 sq ft — starts around $699,000
  • San Marino:~3,437 sq ft — starts around $729,900
  • Loures:~4,680 sq ft — starts around $792,000
  • Astana:~4,530 sq ft — starts around $839,900
  • Two-Story Options: Marshall ~4,317 sq ft starts around $808,900; Verona ~4,436 sq ft starts around $811,999

These are starting prices and will vary depending on lot premiums, structural options, and interior selections. Expect the Chesmar finish level to be above what you might see from some other volume builders — and that shows in cabinetry, trim, and layout details.

Build Versus Move-In Ready: Timeline And Decisions

Buying in Lakeway Estates gives two clear paths: purchase a move-in ready home or build your own. Both have pros and cons.

Move-In Ready

  • Immediate occupancy or quick closing.
  • Less decision fatigue — selections already made.
  • Screaming deals can appear toward year-end as builders adjust inventories.

Custom Build

  • Full control of finishes and structural options.
  • Typical build times right now are around 6 to 9 months.
  • Good choice if you need time to sell your current home or want a personalized layout.

Practical timeline note: if you sign a build contract in December, you can reasonably expect a mid-year move-in window the following summer (June to August), assuming a 6–9 month schedule.

Aerial view of large lots and scattered homes with Lake Waxahachie visible on the horizon

Why Pay A Little More For Higher Finish-Outs

On acre lots, many builders prioritize lot development and sacrifice interior finish levels to hit a lower price point. Chesmar's approach is the opposite: they preserve lot space while delivering a level of finishes that feels more complete out of the box.

The difference shows in:

  • Trim, ceiling details, and beam work
  • Cabinetry and appliance packages (double ovens, six-burner cooktops)
  • Thoughtful floor plan separations (privacy doors, true mother-in-law suite)
  • Material selections available during the in-house design process

If your priority is acreage plus a home that doesn’t feel unfinished or “builder-basic,” accepting a premium for a higher finish level will save remodel time and money later.

Practical Tips For Buying Acre Lots In DFW

  1. Check utility connections: Confirm city gas and water availability and whether septic is in use for specific lots.
  2. Understand the lot premium: Waterfront or premium cul-de-sac lots will carry a price increase — budget accordingly.
  3. Ask about HOA and restrictions: Acre lots can come with specific landscaping, fencing, and outbuilding rules.
  4. Confirm the finish package: Get a clear list of what’s included versus upgrades to avoid surprises when pricing the final contract.
  5. Plan your timeline: Decide if you need speed (move-in ready) or control (building takes 6–9 months).
  6. Compare builders: Visit model homes from multiple builders in the same neighborhood to compare finish levels directly.

If you’re relocating to dallas and want expert help finding acreage near Waxahachie—move-in ready or a custom build—I’m here to help. Call or text me anytime: 945.244.0342. I’ll set up tours, compare lots, and walk you through timelines and finish options.

FAQ About Homes in Lakeway In Waxahachie

Is Waxahachie a good place for families who want acreage?

Yes. Waxahachie offers acre-to-two-acre lots, lakeside recreation, and a small-town feel that appeals to families. The area is growing, so you get the balance of open space now with long-term equity potential.

Are utilities available on lots in Lakeway Estates?

Most homes in the neighborhood have city gas and city water. Some lots may still use septic systems, so verify utility setup for each lot you consider.

How long does building a Chesmar home take?

Current estimates point to a 6–9 month build window for most plans. Exact timing depends on options, lot readiness, and permit schedules.

Can I buy a move-in ready home under $800,000?

Yes. Chesmar currently has move-in ready options for the Catania and other plans that start under $800,000. Pricing varies by lot and included features.

Do Chesmar homes offer customization?

Absolutely. Buyers select stones, tiles, countertops, roofing, exterior brick, and interior finishes through the builder’s design center.

What should I look for when choosing a lot?

Consider orientation (sun exposure), topography (drainage), proximity to the lake or ponds, views, privacy, and future neighboring builds. Lot premiums should align with these benefits.

Final Notes

Lakeway Estates in Waxahachie is a strong option for anyone relocating to Dallas who wants acreage and a home that’s already well thought out. Chesmar Homes’ Catania model shows what’s possible when a builder focuses on finish quality without sacrificing lot size. If you value space, strong floor plans, and higher-end standard finishes, this neighborhood deserves a close look.

If you’re serious about finding acreage near the water with ready options or building a custom plan, start by prioritizing lot location, finish level, and timeline. Those three choices will shape cost, convenience, and long-term satisfaction.

Relocating to Dallas? We’ve Got You! Whether you’re moving for work, lifestyle, or a fresh start, relocating to Dallas can feel overwhelming — but it doesn’t have to be. From choosing the right suburb to touring homes virtually, the Dallas Relocation Team helps you move with confidence and clarity!

Read More: Lakeway Estates Waxahachie TX: Affordable Homes on Acreage Lots

scott baxter

Local Realtor. Builder Expert. Relocation Pro.


Based in Rockwall, Scott helps buyers and families navigate new construction and relocation across the Dallas metro — with straightforward advice, real video tours, and unmatched builder insight.

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