Wholesaling Real Estate in Ellis County, Texas
Wholesaling gives you a realistic way into Ellis County real estate, from Waxahachie to Midlothian, even when your savings are modest.
Most Texas foreclosures are trustee sales with no lawsuit, so Ellis County wholesalers win by contacting owners in the weeks between the posted sale notice and the first-Tuesday auction at the courthouse in Waxahachie.
In Ellis County the work comes down to three steps: spot a house you can buy below value, put it under contract and hand that contract to a cash investor who wants it.
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Ellis County, Texas housing market at a glance
Market data: Realtor.com Ellis County housing market, October 2026. Zillow Home Value Index for Ellis County: $371,935 (down 0.9% from a year earlier), August 2026. View homes on Zillow.
What makes Ellis County a wholesaling market?
An Ellis County wholesaler controls a house with a signed purchase contract and a small earnest money deposit, with no mortgage involved. Your end buyer pays for the rehab and manages the crew, and plenty of Ellis County assignments close in a few weeks.
Ellis County investors who watch probate cases, divorce filings and posted foreclosure notices, then reach owners early, land most of the good off-market deals in the county.
How an Ellis County wholesale deal comes together
Ellis County assignments generally move through these stages from first lead to your fee:
- Find a distressed property
Pull Ellis County owners with a real reason to sell, such as heirs, tired landlords or borrowers whose notice of sale was just filed with the Ellis County Clerk. - Run the numbers
Figure the after-repair value (ARV) from recent sales in the same Ellis County town, since a Midlothian comp will not price a house in Italy or Bardwell. - Sign a purchase contract
Negotiate a price with room for the end buyer's margin plus your assignment fee. - Find a cash buyer
Offer the deal to an Ellis County flipper, landlord or other cash buyer already on your list. - Assign the contract
Sign an assignment agreement that moves your contract rights to that buyer for the agreed fee. - Collect your fee
Count on the title company or closing attorney handling the Ellis County sale to pay your fee out of the closing funds.
Motivated sellers who want to liquidate fast
For this reason, ForeclosuresDaily.com’s off-market real estate platform covers every major distress signal in Ellis County, cross-referenced with tax rolls and property appraiser records.
Pricing an Ellis County wholesale offer
An Ellis County offer starts from the ARV, the price the house should fetch once the repairs are done.
Rehab buyers often apply the 70% Rule, capping their price at 70% of ARV minus repairs. Your fee comes out of that capped number, so the price you sign with an Ellis County seller must land below it.
Wholesale offer example
| Step | Amount |
|---|---|
| ARV | $479,998 |
| 70% of ARV − repairs ($38,000) | $297,999 |
| Your assignment fee | − $14,000 |
| Your contract price |
Ellis County ZIP codes worth tracking
Start with these Ellis County ZIP codes, then branch out as your buyers show you which towns they want. Each Ellis County ZIP below expands to show its own numbers.
ZIP 75101 · Bardwell · Wholesale
Market snapshot: Bardwell (75101)
Bardwell is a city in Ellis County, Texas. Population: 625 (2020 census).
Investor note: Bardwell is an incorporated city, so check its own code-violation, vacant-property and rental-registration records. With so few sales each year, verify every 75101 comp by hand and keep a short local buyer list. Probate, pre-foreclosure and absentee-owner leads are the most direct route to Bardwell sellers.
ZIP 75119 · Ennis · $284,995 · Negotiate
Market snapshot: Ennis (75119)
| Metric | Value |
|---|---|
| Median listing price | $284,995 ▼ 3.6% |
| Price per sq ft | $175 |
| Days on market | 59 days ▼ 16.2% |
| Median rent | $1,750 ▼ 7.9% |
| Active listings | 315 ▲ 14.2% |
| Gross rent yield | 7.4% |
Ennis' 75119 has a Zillow Home Value Index of $264,944 as of August 2026, down 2% from a year earlier.
Similarly, Ennis is a city in eastern Ellis County, Texas. Ennis is home to the annual National Polka Festival. It is part of the Dallas-Fort Worth metroplex. Population: 20,159.
Investor note: If an Ennis house falls inside a designated historic area, exterior changes may need city approval, so confirm that before you price the rehab.
Max offer when the ARV equals the median price: $284,995 × 70% − $23,000 repairs = $176,497 max offer
ZIP 75125 · Ferris · $321,250 · Buy & hold
Market snapshot: Ferris (75125)
| Metric | Value |
|---|---|
| Median listing price | $321,250 ▲ 2.3% |
| Price per sq ft | $182 |
| Days on market | 77 days ▲ 71.1% |
| Median rent | $2,350 ▲ 8.8% |
| Active listings | 93 ▼ 17.1% |
| Gross rent yield | 8.8% |
Ferris' 75125 shows a Zillow Home Value Index of $291,047 as of August 2026, a dip of 0.7% over the year.
Ferris is a city in Dallas and Ellis counties in the U.S. state of Texas. It is 20 miles south of downtown Dallas.
Max offer when the ARV equals the median price: $321,250 × 70% − $26,000 repairs = $198,875 max offer
ZIP 75152 · Palmer · $375,000 · Flip & wholesale
Market snapshot: Palmer (75152)
| Metric | Value |
|---|---|
| Median listing price | $375,000 ▲ 4.2% |
| Price per sq ft | $208 |
| Days on market | 88 days ▲ 72.5% |
| Median rent | $1,612 ▼ 2.3% |
| Active listings | 38 ▲ 5.4% |
| Gross rent yield | 5.2% |
Palmer's 75152 posts a Zillow Home Value Index of $321,319 as of August 2026, essentially flat at down 0.1%.
Palmer is a town in Ellis County, Texas. It is part of the Dallas–Fort Worth metroplex. Population: 2,393.
Max offer when the ARV equals the median price: $375,000 × 70% − $30,000 repairs = $232,500 max offer
ZIP 75154 · Ovilla · $409,450 · Wholesale
Market snapshot: Ovilla (75154)
| Metric | Value |
|---|---|
| Median listing price | $409,450 ▲ 2.7% |
| Price per sq ft | $181 |
| Days on market | 58 days ▼ 5.7% |
| Median rent | $2,300 ▲ 3.6% |
| Active listings | 292 ▲ 12.1% |
| Gross rent yield | 6.7% |
Ovilla's 75154 carries a Zillow Home Value Index of $348,717 as of August 2026, down 1.9% year over year.
Ovilla is a city in Dallas and Ellis Counties in the U.S. state of Texas. Population: 4,304 (2020 census).
Max offer when the ARV equals the median price: $409,450 × 70% − $33,000 repairs = $253,615 max offer
ZIP 75165 · Waxahachie · $455,000 · Wholesale
Market snapshot: Waxahachie (75165)
| Metric | Value |
|---|---|
| Median listing price | $455,000 ▲ 9% |
| Price per sq ft | $188 |
| Days on market | 56 days ▼ 14.5% |
| Median rent | $1,949 ▼ 1.9% |
| Active listings | 815 ▲ 1.4% |
| Gross rent yield | 5.1% |
Waxahachie's 75165 has a Zillow Home Value Index of $349,003 as of August 2026, a decline of 1.7% from a year before.
Waxahachie an exurb south of Dallas, is a city in and the county seat of Ellis County, Texas. The city was founded in 1850, and incorporated in 1871. Much of the employment is provided by a number of industries and by educational institutions, including primary and secondary schools, a community college and a private university. Population: 41,140.
Investor note: Waxahachie has a community college and a private university, which help keep rental demand steady for buy-and-hold investors in 75165.
Max offer when the ARV equals the median price: $455,000 × 70% − $36,000 repairs = $282,500 max offer
ZIP 76041 · Forreston · Wholesale
Market snapshot: Forreston (76041)
Forreston is an unincorporated community in Ellis County, Texas. It lies on U.S. Route 77, 8 miles south of the county seat of Waxahachie.
Investor note: Forreston is unincorporated, so Ellis County handles permits, liens and code enforcement there, and that is where to pull 76041 records.
ZIP 76064 · Maypearl · $396,900 · Flip & wholesale
Market snapshot: Maypearl (76064)
| Metric | Value |
|---|---|
| Median listing price | $396,900 ▲ 5.8% |
| Price per sq ft | $185 |
| Days on market | 83 days ▲ 15.3% |
| Median rent | n/a |
| Active listings | 19 ▼ 40.7% |
| Gross rent yield | n/a |
Maypearl's 76064 shows a Zillow Home Value Index of $375,093 as of August 2026, up 2.3% from twelve months earlier.
Maypearl is a city in Ellis County, Texas. Population: 939.
Max offer when the ARV equals the median price: $396,900 × 70% − $32,000 repairs = $245,830 max offer
ZIP 76065 · Midlothian · $549,900 · Wholesale
Market snapshot: Midlothian (76065)
| Metric | Value |
|---|---|
| Median listing price | $549,900 ▲ 2.7% |
| Price per sq ft | $205 |
| Days on market | 58 days ▼ 3.7% |
| Median rent | $2,184 ▲ 4% |
| Active listings | 917 ▲ 10.7% |
| Gross rent yield | 4.8% |
Midlothian's 76065 records a Zillow Home Value Index of $456,191 as of August 2026, a slip of 0.4% on the year.
Midlothian is a city in northwest Ellis County, Texas. The city is 25 miles southwest of Dallas. It is the hub for the cement industry in North Texas, as it is the home to three separate cement production facilities, as well as a steel mill. Population: 35,125.
Investor note: Midlothian's cement plants and steel mill are major local employers, so check how close a 76065 house sits to industrial sites before you set its ARV.
Max offer when the ARV equals the median price: $549,900 × 70% − $44,000 repairs = $340,930 max offer
ZIP 76651 · Italy · $319,990 · Negotiate
Market snapshot: Italy (76651)
| Metric | Value |
|---|---|
| Median listing price | $319,990 ▼ 7.8% |
| Price per sq ft | $183 |
| Days on market | 101 days ▲ 34.7% |
| Median rent | n/a |
| Active listings | 27 ▼ 22.5% |
| Gross rent yield | n/a |
Italy's 76651 carries a Zillow Home Value Index of $260,249 as of August 2026, a gain of 1.7% over the year.
Italy is a town in Ellis County, Texas. The community was named after Italy by a settler who had visited the European country. Population: 1,926.
Max offer when the ARV equals the median price: $319,990 × 70% − $26,000 repairs = $197,993 max offer
Gross rent yield on this page is 12 months of median rent divided by the median listing price, and the max offers assume repairs at 8% of that price.
Building an Ellis County cash buyers list
Line up Ellis County buyers before you sign a seller. The investors who matter close in cash and move quickly: flippers, landlords and small builders.
How Texas contract assignment works for Ellis County deals
Wholesaling rules vary from state to state, though most states allow it. Some activities can call for disclosures or a real estate license, so have a Texas real estate attorney review your Ellis County contracts before you start.
ForeclosuresDaily off-market opportunities before your competition
Ellis County at a glance
Texas foreclosures are usually nonjudicial.
Trustee sales are held at the county courthouse on the first Tuesday of the month after at least 21 days’ notice, and there is no right to buy the home back after a regular mortgage sale. In Ellis County, contracts signed before the sale date leave time to find a buyer.
Sources: U.S. Census Bureau QuickFacts, Ellis County, Texas (2020 to 2024 American Community Survey; population estimate for July 1, 2025) and state foreclosure law summary.
In fact, since 2004, ForeclosuresDaily.com has helped investors, wholesalers, flippers, and agents reach motivated sellers first.
Ellis County wholesaling FAQ
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Fresh off-market Ellis County data for Waxahachie, Ennis, Midlothian, Ferris and the smaller towns in between.