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Owner Contacts

$263,000

NAL Estimated Property Value

102 Modene Ave, Waxahachie, TX, 75165

Off Market

3 Beds

2 Bath

1,314 Sq Ft

$201.6 / sqft

Built in 1991

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Garage Available

Heating Central

Cooling

AppliancesDishwasher, Disposal, Electric Range, Microwave

FlooringCarpet, Laminate, Vinyl

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage

Lot Size8,538 sqft

Building Information

Year Built1991

Stories1

Roof Type105

Garage Spaces2

Land Information

APN90.4450.000.196.00.112

Lot Number196

SubdivisionGingerbread Village Ph 1 & 2

Land UseResidential

Legal DescriptionLOT 196 GINGERBREAD VILLAGE PH 1 & 2 0.196 AC

Census Tract060300

Assessed Land Value$60,000

Assessed Improvement Value$183,397

Assessment Year2025

About this property

Welcome to 102 Modene Avenue, in the heart of Waxahachie! This charming 3-bedroom, 2-bath home offers comfort, updates, & thoughtful features throughout. Step inside to an inviting living area complete with a gas-starter woodburning fireplace, perfect for cozy evenings at home. The kitchen is equipped with recently replaced dishwasher & electric range, built-in microwave, and a built-in pantry with pull-out drawers. Fresh, modern paint colors throughout with some recently replaced flooring. Master bedroom features a walk-in closet and ensuite bath with dual sinks. A dedicated linen closet adds extra storage and organization. Major updates bring peace of mind, including a new roof November 2025, new gutters November 2025, new water heater 2024, and new HVAC system 2020. With its blend of updates, comfort, and location near Northside Elementary, this home is truly move-in ready and waiting for its next owner to love it! Let it be YOUR next Waxahachie address!

Investor Tools

$263,000

Estimated Property Value

$139,926Estimated Mortgage Balance

$123,074Estimated Equity

46% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$1,589 /month

Positive

Cash Flow Estimate:

$530 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$339/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$2,749

$213,544

2025

$60,000

$183,397

$243,397

Tax History

Year

Tax Paid

Assessed Value

2024

$2,749

$213,544

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

First Financial Bank Na

Credit Line (Revolving) / Heloc

$72,807

First

Mar 8, 2024

Mar 2039

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$139,926

$123,074

46%

53%

$874/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$1,972/mo

$874/mo

+$1,098/mo

9.0%

Learn About the Market: Opportunity in Texas

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Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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