$304,000
NAL Estimated Property Value108 Modene Avenue, Waxahachie, TX, 75165
Off Market
Property Lead Type:
Off-Market ListHigh Equity
Highlights
Interior
AppliancesElectric Range, Gas Oven
FlooringCarpet, Ceramic Tile, Vinyl
Exterior
Lot Size8,490 sqft
Building Information
Year Built1993
Stories1
Roof Type105
Garage Spaces2
Land Information
APN90.4450.000.193.00.112
Lot Number193
SubdivisionGingerbread Village Ph 1 & 2
Land UseResidential
Legal DescriptionLOT 193 GINGERBREAD VILLAGE PH 1 & 2 0.1949 AC
Census Tract060300
Assessed Land Value$60,000
Assessed Improvement Value$236,052
Assessment Year2025
About this property
*MULTIPLE OFFERS* Deadline for submitting offer is April 7, 2021 at noon. Good house in need of a little fixing up! Can't beat this floor plan. Nice kitchen with lots of cabinets. Open Living and Dining. Split bedrooms with great closet space. Large Living area has gas starter fireplace with logs. Master bedroom is large with vaulted ceilings. Plantation shutters. Big backyard with nice covered patio. Front porch for lazy nights!
Investor Tools
$304,000
Estimated Property Value
$164,344Estimated Mortgage Balance
$139,656Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,824 /month
Positive
Cash Flow Estimate:
$608 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,263
$296,052
2025
$60,000
$236,052
$296,052
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,263
$296,052
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Canopy Mortgage Llc
Fha
$169,922
Yes
First
Jul 2, 2024
Aug 2054
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,344
$139,656
45%
54%
$1,019/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,019/mo
+$953/mo
7.8%
