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$477,999

104 Watauga Dr, Waxahachie, TX, 75165

$505,307 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,426 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197.03 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Water Heater, Microwave

Exterior

Lot Size2 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.8592.903.010.00.112
SubdivisionTecumseh Park Estates #2 - Rev
Land UseResidential
Legal Description10 C TECUMSEH PARK ESTS #2 REV2 ACRES
Census Tract060219
Assessed Land Value$180,000
Assessed Improvement Value$273,376
Assessment Year2025

About this property

Welcome to 104 Watauga Dr in Waxahachie, a spacious 3 bed, 2 bath home with 2,426 sq. ft. of living space nestled on approximately 2 acres in the peaceful Tecumseh Park Estates subdivision. Built in 1996, this property is priced under $500,000, giving you an incredible opportunity to own acreage without the acreage price tag. If you’ve been dreaming of wide open space, room for a garden, a shop, or maybe even a place for the dogs to run, this is your spot. The home features a traditional layout with plenty of room to spread out, and while it shows well, it’s calling for a buyer who is ready to bring some updating and personalize it to their taste. Here’s the kicker... the seller is offering up to $12,000 toward the buyer’s closing costs, with an acceptable offer, to help sweeten the deal. Use that toward closing expenses, buying down your interest rate, or jump-starting your updates, it’s your call. That kind of incentive paired with land like this doesn’t come around every day. Located just minutes from town but with a serene, country feel, this property blends peace with everyday convenience. Schools are in the Waxahachie ISD, and you’ll love the feel of acreage living without sacrificing accessibility. If you’re not afraid of a little sweat equity and have been longing for space that you can truly make your own, 104 Watauga Dr is worth your serious look. Bring your vision and imagine the possibilities.

Investor Tools

Property Icon
$453,376
Estimated Property Value
$405,000Estimated Mortgage Balance
$49,545Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$505,306
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,868 /month
Positive
Cash Flow Estimate:
$956 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$279/month
$105/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,080
$453,376
2025
$180,000
$273,376
$453,376
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,080
$453,376

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
A&D Mortgage Llc
Conventional
$405,000
No
First
Mar 12, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$403,831
$49,545
10%
89%
$2,429/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,534/mo
$-562/mo
5.2%

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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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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