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$410,000

NAL Estimated Property Value

1026 Red River Dr, Waxahachie, TX, 75167

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
price_per_sqft$185 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesNone
FlooringCarpet

Exterior

Lot Size1.06 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.9116.902.003.00.112
Lot Number3
SubdivisionWaterford Crossing Ph Ii
Land UseResidential
Legal DescriptionLOT 3 BLK B WATERFORD CROSSING PH II 1.059 AC
Census Tract061100
Assessed Land Value$140,000
Assessed Improvement Value$69,000
Assessment Year2025

About this property

This is a fixer-upper opportunity in an excellent neighborhood. Three bedroom, two bathrooms, a two car garage all on over one acre OUTSIDE the city limits. This home LIKELY WILL NOT QUALIFY for most home loans so the buyer likely needs either private financing or cash. The seller is an estate and have no means to clean or change the property's current condition. The purchase is AS-IS, WHERE-IS, with absolutely no improvements to be made before closing.

Investor Tools

Property Icon
$410,000
Estimated Property Value
$352,987Estimated Mortgage Balance
$57,013Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,460 /month
Positive
Cash Flow Estimate:
$820 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$561/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,684
$209,000
2025
$140,000
$69,000
$209,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,684
$209,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Fha
$358,388
Yes
First
Jun 14, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$352,987
$57,013
13%
86%
$2,192/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,192/mo
+$248/mo
7.1%

Learn About the Market: Opportunity in Texas

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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waxahachie

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1026 Red River Dr | Property Details | No Agent List