New Construction Homes in Waxahachie Under $400K

by Dave Budny

Yes, you can still buy a brand new home in Waxahachie for under $400,000. As of October 2026, at least seven Waxahachie communities have a builder with homes starting below that mark, from about $315,000 in Saddlebrook to right around $400,000 at Ridge Crossing and Dominion Park. The catch is that the starting price is rarely the price you pay, so it pays to know what's behind the number.

Which Waxahachie communities start under $400K?

Here's what builders were advertising in Waxahachie in October 2026. Starting prices are the lowest advertised base price, usually for the smallest plan, and they change often.

Community	Builder	Starts from (Oct 2026)	Part of town
Saddlebrook	D.R. Horton	about $319,000	South, off US-287
Saddlebrook Estates	CastleRock Communities	about $315,000 (Sep 2026)	South, off US-287
Myrtle Creek	Impression Homes	about $329,000	South, Wintergrass Dr
Sheppard's Place	HistoryMaker Homes	about $365,000	Northwest, off Ovilla Rd
North Grove	Bloomfield Homes	about $375,000	North, Hwy 77 at FM 813
Dove Hollow	Centre Living Homes	about $385,000	Waxahachie
Myrtle Creek	Highland Homes	about $398,000	South, Wintergrass Dr
Ridge Crossing	DRB Homes	about $400,000	West, Station Dr
Dominion Park	Lillian Custom Homes	about $400,000	Waxahachie

Across the city, NewHomeSource counted about 609 move-in ready new homes and 354 under construction in Waxahachie in October 2026. That's a lot of inventory, which is good news for buyers who negotiate.

What do you get for under $400K?

At the low end, think about 1,300 to 2,000 square feet on a standard lot. Saddlebrook plans run roughly 1,320 to 2,820 square feet, and Sheppard's Place roughly 1,770 to 3,290. In most of these communities, a base price under $400K means one of the smaller floor plans with standard finishes.

Amenities vary a lot. Saddlebrook has a community pool and Jimmie Ray Elementary inside the neighborhood. Myrtle Creek is a master plan with a lazy river. Sheppard's Place is smaller and quieter, and one of the few Waxahachie communities that advertises no PID and no MUD.

Why the starting price isn't the real price

Three things push the number up:

Lot premiums. Corner lots, greenbelt lots and bigger lots often cost extra.
Options and upgrades. Flooring, cabinets, a covered patio or a third car bay can add tens of thousands.
Taxes and assessments. Many Waxahachie communities are financed with a Public Improvement District, which adds an annual assessment on top of property tax. That can push the effective rate from about 2.05 percent to 2.5 percent or higher. CastleRock lists a total tax rate near 2.03 percent and HOA dues of about $53 a month in Saddlebrook Estates.

On the other side, builders are offering incentives right now, usually rate buydowns or help with closing costs. A buydown can lower your payment more than a price cut would. The only fair way to compare two homes is the total monthly payment: principal, interest, taxes, PID, HOA and insurance.

Move-in ready or build from scratch?

With hundreds of finished homes sitting in Waxahachie, a move-in ready spec home is often where the best deals are. Builders want those homes closed before year end, and they tend to put their strongest incentives on them. A to-be-built home gives you more choices, but takes longer and you'll usually pay more for options.

Do you need your own agent on a new build?

The person in the model home works for the builder. Your own agent costs most buyers nothing extra, since the builder typically pays the agent. Many builders require your agent to be registered at your first visit, so bring your agent or have them confirm it in writing before you go.

Dave also runs a general contracting company that builds metal roofs, concrete, fences and outbuildings. He reads the contract, the lot premium, the PID notice and the incentive sheet with you, and he knows which upgrades are worth paying the builder for and which are cheaper to add after closing.

FAQ

What's the cheapest new construction in Waxahachie right now?

As of October 2026, Saddlebrook has the lowest starting prices, with CastleRock Communities from about $315,000 and D.R. Horton from about $319,000. Prices change often, so confirm before you visit.

Do new homes under $400K in Waxahachie have a PID?

Some do and some don't. Sheppard's Place advertises no PID and no MUD. In other communities, ask for the PID notice on the specific lot and include the assessment in your monthly payment.

Which school district are these homes in?

All of the communities above are in Waxahachie ISD. A second high school is scheduled to open in 2027-28, and attendance zones will be redrawn, so ask which high school a lot is zoned to.

Start your search

See every Waxahachie new construction community in one place, or look at Saddlebrook, Sheppard's Place and North Grove in detail. When you're ready, send Dave a message before your first model home visit. Selling a home first? Start with a free home value estimate.x