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$412,000

NAL Estimated Property Value

1115 Red River Dr, Waxahachie, TX, 75167

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,748 Sq Ft
price_per_sqft$233.98 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCeramic Tile

Exterior

Exterior FeaturesBarbecue
Lot Size1.01 acres

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.9116.901.012.00.112
Lot Number12
SubdivisionWaterford Crossing Ph Ii
Land UseResidential
Legal DescriptionLOT 12 BLK A WATERFORD CROSSING PH II 1.006 AC
Census Tract061100
Assessed Land Value$140,000
Assessed Improvement Value$225,740
Assessment Year2025

About this property

Charming Country Home with No City Taxes – Just Minutes from Downtown Waxahachie! Welcome to your ideal retreat on the peaceful outskirts of Waxahachie! This beautifully maintained 3-bedroom, 2-bathroom home sits on a spacious 1.006-acre lot and offers the perfect blend of rural charm and modern comfort. Inside, enjoy 1,748 square feet of well-designed living space, featuring split bedrooms for added privacy and a stunning double-sided wood-burning fireplace that anchors both the living and dining areas with warmth and character. The kitchen flows easily into the living space, making entertaining a breeze—especially with your very own outdoor BBQ shed just steps away. There's also a covered back porch where you can unwind and take in the peaceful views of your large, open backyard. Imagine sitting in your favorite chair sipping your morning coffee watching the sunrise and winding down at the end of the day enjoying the gorgeous Texas sunsets. This property is packed with extras: Paid-off solar panels, not roof-mounted! Storage shed, 2 car garage, and a RV hookup. Producing peach tree so you can have fresh fruit at your doorstep! Ample space provides a unique opportunity to create your own oasis—ideal for gardening, adding that pool you’ve been dreaming of, or just letting the family spread out! With easy access to Dallas, Mansfield, and surrounding areas, this home is perfectly located for commuters who crave space and tranquility without sacrificing convenience. Don’t miss this unique opportunity to have your own slice of Ellis County, Texas with room to roam, entertain, and grow—schedule your private tour today!

Investor Tools

Property Icon
$412,000
Estimated Property Value
$396,553Estimated Mortgage Balance
$15,447Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,472 /month
Positive
Cash Flow Estimate:
$824 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$531/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,310
$365,740
2025
$140,000
$225,740
$365,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,310
$365,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$397,700
No
First
Mar 17, 2026
Apr 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$396,553
$15,447
3%
96%
$2,385/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,385/mo
+$55/mo
7.1%

City: Waxahachie

1115 Red River Dr | Property Details | No Agent List