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$322,000

NAL Estimated Property Value

111 Mckenzie St, Waxahachie, TX, 75165

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,566 Sq Ft
price_per_sqft$207.54 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Range
FlooringHardwood, Tile

Exterior

Lot Size7,971 sqft

Building Information

Year Built1915
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.3085.004.004.00.112
Lot Number4,2R
SubdivisionCollege Addn-Rev
Land UseResidential
Legal DescriptionLOT 4-2R BLK 4 COLLEGE ADDN-REV .183 AC
Census Tract060300
Assessed Land Value$60,000
Assessed Improvement Value$224,306
Assessment Year2025

About this property

Step into timeless charm with this beautifully maintained two-bedroom, two bath, two story home built in 1915. Rich hardwood floors and shiplap walls throughout showcase classic craftsmanship while blending seamlessly with modern comfort. The inviting layout features a dedicated laundry room, living room, and dining room. Enjoy slow mornings on one of two porches or relaxing evenings on the covered back patio. Downstairs bathroom features a classic claw foot tub, and a chandelier highlights the stairway, adding to the home’s character. The primary bedroom is tucked away upstairs, offering a private retreat. Full of warmth, history, and thoughtful upkeep, this home offers the best of historic charm with the peace of mind of careful maintenance. Location is directly across from Marvin Elementary and just blocks from Historic Downtown Waxahachie. Seller has installed 17 new windows between the upstairs and the northside of the house to ensure energy efficiency. A brand-new heat pump, roof, and gutters were installed in 2025 as well as all new exterior paint.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$277,509Estimated Mortgage Balance
$44,491Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$583/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,384
$284,306
2025
$60,000
$224,306
$284,306
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,384
$284,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$285,000
No
First
Dec 22, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$277,509
$44,491
13%
86%
$1,744/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,565/mo
$1,744/mo
$-179/mo
5.8%

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.

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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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111 Mckenzie St | Property Details | No Agent List