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$514,000

NAL Estimated Property Value

1015 Red River Drive, Waxahachie, TX, 75167

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,844 Sq Ft
price_per_sqft$187.09 / sqft
Year BuiltBuilt in 2002

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop
FlooringCeramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size1.05 acres

Building Information

Year Built2002
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.9116.901.021.00.112
Lot Number21
SubdivisionWaterford Crossing Ph Ii
Land UseResidential
Legal DescriptionLOT 21 BLK A WATERFORD CROSSING PH II 1.049 AC
Census Tract061100
Assessed Land Value$140,000
Assessed Improvement Value$351,859
Assessment Year2025

About this property

BACK ON THE MARKET!!! You will enjoy every aspect of this HOME and LAND! A Beautiful 4 bdrm, 2 bth on 1 ACRE has everything you need with NO HOA. This home features a open concept kitchen and living area. The converted garage has a space for your at home office and gym. The backyard OASIS you have to see it to appreciate the pool, with waterfall, surrounded by a stoned patio and a nice covered gazebo great for entertaining or simply relaxing and enjoy. The guest house features a Livingroom, bedroom and a bathroom. Plenty of storage space for your tools, equipment in the storage shed building along with a side gate for backyard parking.

Investor Tools

Property Icon
$514,000
Estimated Property Value
$260,489Estimated Mortgage Balance
$253,511Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,084 /month
Positive
Cash Flow Estimate:
$1,028 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$746/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,377
$491,859
2025
$140,000
$351,859
$491,859
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,377
$491,859

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$288,000
No
First
May 12, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,489
$253,511
49%
51%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$1,727/mo
+$1,463/mo
7.4%

City: Waxahachie

1015 Red River Drive | Property Details | No Agent List