Hodges Ward Elliott (“HWE”) is pleased to offer the opportunity to acquire the Fairfield Inn & Suites Dallas Waxahachie (“Property” or “Hotel”), located in DFW’s southern growth corridor almost equidistant to Fort Worth and Dallas. Positioned at the intersection of I-35 and U.S. Highway 287, the Hotel benefits from Waxahachie’s booming population growth, strong industrial base, and thriving tourism sector. The city’s economy is anchored by major employers such as International Paper, Dart Container, Walgreens, and Baylor Scott & White Medical Center – Waxahachie, a 129-bed hospital serving the broader Ellis County region, which is currently undergoing a $240 million multi-phase expansion to meet the area’s increasing healthcare demands.
Additionally, Waxahachie is a robust cultural and tourism destination, hosting high-profile events like the Scarborough Renaissance Festival, Gingerbread Trail Festival, and Crossroads of Texas Film & Music Festival, which combined draw in hundreds of thousands of visitors annually. This fee simple offering presents a unique opportunity to acquire an institutional-quality select-service hotel in a rapidly expanding market, benefiting from diverse demand generators and excellent regional connectivity.
| Address: | |
| YEAR OPENED: | 2017 |
| KEYS: | 78 |
| STORIES: | 4 |
| SITE AREA: | ±1.45 Acres |
| MEETING SPACE: | 374 SF |
| AMENITIES: |
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| INTEREST CONVEYED: | Fee Simple |
| MANAGEMENT: | Unencumbered |
| LABOR: | Non-Union |
Investment Highlights
WAXAHACHIE – A THRIVING HUB IN DFW'S SOUTHERN GROWTH CORRIDOR
Waxahachie, strategically positioned in Ellis County along the I-35 corridor, is a rapidly growing city with a population exceeding 47,000. Located less than 30 minutes south of downtown Dallas, Waxahachie offers seamless connectivity to the DFW metroplex while preserving its rich history and small-town charm. Between 2020 and 2023, Ellis County’s 14.7% population growth has fueled Waxahachie’s transformation into a dynamic center for commerce, tourism, and industry.
The city’s economy is supported by a strong manufacturing and logistics presence, with major employers such as International Paper, Dart Container, Walgreens, and Baylor Scott & White Medical Center – Waxahachie. Its strategic location at the intersection of I-35 and U.S. Highway 287 ensures excellent regional access, while proximity to Mid-Way Regional Airport and Dallas/Fort Worth International Airport further enhances its connectivity.
Beyond its economic strength, Waxahachie is a major tourism and cultural destination, hosting signature events such as the Scarborough Renaissance Festival, which attracts 200,000 visitors annually, the Gingerbread Trail Festival, and the Crossroads of Texas Film & Music Festival. The city is also home to Nelson University and Navarro College - Waxahachie, growing institutions that bring students, faculty, and visitors to the area.
As Waxahachie continues its rapid expansion, its blend of economic opportunity, cultural attractions, and historic charm makes it a key player in North Texas’ sustained growth.
A Premier Tourism & Event Hub
Waxahachie’s dynamic tourism industry and annual events fuel consistent economic activity, drawing visitors year-round. Anchored by the historic Ellis County Courthouse, the city blends rich heritage with a thriving event scene.
The Scarborough Renaissance Festival, a six-week spring event, is among the largest Renaissance fairs in the nation, attracting 200,000 attendees and driving substantial lodging and retail demand. The Gingerbread Trail Festival celebrates Waxahachie’s historic homes, while the Crossroads of Texas Film & Music Festival offers a four-day experience featuring film screenings, live music, Waxahachie Walk of Fame dedications, and exclusive VIP receptions.
Ellis County Courthouse
Gingerbread Trail Tour
Scarborough Renaissance Festival
Crossroads of Texas Film & Music Festival
Adjacent to the Waxahachie Civic Center
The Fairfield Inn & Suites is steps away from the Waxahachie Civic Center, a premier regional venue offering approximately 26,000 square feet of column-free exhibit space with 20-foot ceilings. The Civic Center is capable of hosting a variety of events, including corporate meetings, conventions, expos, weddings, and other formal gatherings. This prime location positions the Fairfield Inn & Suites to capture a substantial share of the market, benefiting from the strong demand generated by the Civic Center’s diverse events.
Next Door to Waxahachie’s Flagship Hospital: Baylor Scott & White Medical Center
The Hotel is adjacent to Baylor Scott & White Medical Center – Waxahachie, a 129-bed, 300,000-square-foot facility serving Ellis County, including Midlothian, Red Oak, and surrounding communities. Located at the intersection of I-35 and Highway 287 on a 52-acre campus, the hospital features a 35-bed Emergency Department and a medical staff of over 600 physicians across multiple specialties.
Additionally, Baylor Scott & White Medical Center – Waxahachie has begun a $240 million multi-phase expansion to meet the region’s rapid growth. The project includes a six-story patient tower, expanding the emergency department, surgical services, NICU, labor and delivery, and imaging, along with a multilevel parking garage. Over the past five years, the hospital has seen a 53% increase in outpatient visits, a 41% rise in inpatient visits, and a 25% growth in births, reinforcing its role as a key healthcare provider in Ellis County.
Rendering of the Expansion
DALLAS/FORT WORTH ECONOMY - #1 IN JOB & POPULATION GROWTH
The Hotel is located at the southern growth corridor of the Dallas/Fort Worth Metroplex, which boasts one of the strongest and most insulated economies in the country. Consistently ranked as one of Forbes’ top business climates, Dallas/Fort Worth continues to attract corporate relocations and new residents (over 415 per day) at an unprecedented rate. In 2023, the Dallas/Fort Worth metro once again led the nation in job growth, adding 139,700 new jobs (outpacing 2nd place New York MSA’s 122,200), leading the U.S. by a wide margin.
Optimal Offering - Fee Simple, Non-Union, Unencumbered by Management
The Property is offered fee simple and free and clear of existing management and financing, affording new ownership maximum optionality in the future operation and capitalization of the Hotel.
