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$424,031

NAL Estimated Property Value

11 Maree Ct, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$113.64 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size1.28 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces4

Land Information

APN00.2844.003.024.00.112
Lot Number24
SubdivisionCarlton Estates Ph 2
Land UseResidential
Legal DescriptionLOT 24 BLK 3 CARLTON ESTATES PH 2 1.2800 AC
Census Tract060212
Assessed Land Value$150,000
Assessed Improvement Value$314,160
Assessment Year2025

About this property

Spacious Home on 1.4 Acres – Investment Opportunity with Character and Charm Set on a sprawling 1.4-acre lot, this 3-bedroom, 2-bathroom home with over 2,200 square feet of living space offers the perfect blend of space, potential, and location. Whether you're a savvy investor or a handy homeowner looking for a project, this property is bursting with opportunity. Enjoy the peaceful feel of country living with room to roam, garden, or even build — all while being just minutes from the heart of Waxahachie. This home’s location is ideal for lovers of outdoor activities and rich local culture. Spend weekends at Lake Waxahachie, explore the scenic trails of Getzendaner Memorial Park, or take in the beauty of Chautauqua Auditorium and the Ellis County Courthouse. Dive into history at the Ellis County Museum or enjoy quirky fun at the Munster Mansion. The vibrant Historic Downtown District offers shopping, dining, and events year-round. If you’re looking for space, character, and the chance to make a home truly your own — or create a standout investment property — this is the one

Investor Tools

Property Icon
$424,031
Estimated Property Value
$250,739Estimated Mortgage Balance
$173,292Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,544 /month
Positive
Cash Flow Estimate:
$848 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$302/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,500
$424,031
2025
$150,000
$314,160
$464,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,500
$424,031

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Valliance Bank
Commercial
$254,460
No
First
Jul 7, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,739
$173,292
40%
59%
$1,526/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,526/mo
+$446/mo
5.6%

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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