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$331,000

111 Gayleh Lane, Waxahachie, TX, 75165

Off MarketInfo
Beds6 Beds
Baths4 Bath
Baths3,449 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.97 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3.5Bathrooms Full 3.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave, Other
FlooringCarpet, Vinyl

Exterior

Lot Size14,375 sqft

Building Information

Year Built2003
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.5501.001.007.00.112
Lot Number7
SubdivisionKarsen Heights Inst 2 Ph 1
Land UseResidential
Legal DescriptionLOT 7 BLK 1 KARSEN HEIGHTS INST 2 PH 1 0.33 AC
Census Tract060217
Assessed Land Value$70,000
Assessed Improvement Value$316,294
Assessment Year2025

About this property

BACK ON THE MARKET BUYER FINANCING FELL THROUGH - This beautiful 2 story home offers 5 bed rooms, 1 study and 3.1 bath located minutes from major highways, a large selection of entertainment and much more. A thoughtful floor-plan made for everyday living with a well lit open concept living space, beautiful kitchen w island that overlooks the living area and plenty of cabinetry for storage. The master suite is located downstairs w a walk-in a master bathroom which includes a shower and garden tub. The study can be used as a 6th bedroom, living area, dining area. The upstairs offers 4 well layout bedrooms and 2 full baths with a game room area! The backyard is perfect for entertaiment with an above ground pool!

Investor Tools

Property Icon
$442,000
Estimated Property Value
$0Estimated Mortgage Balance
$137,924Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,652 /month
Positive
Cash Flow Estimate:
$884 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,722
$386,294
2025
$70,000
$316,294
$386,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,722
$386,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nationstar Mortgage Llc
Va
$330,500
Yes
First
Feb 4, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$304,076
$137,924
31%
69%
$1,982/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,982/mo
+$590/mo
7.0%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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111 Gayleh Lane | Property Details | No Agent List