Street View

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Owner Contacts

$497,324

NAL Estimated Property Value

117 Paddock Ridge, Waxahachie, TX, 75167

Off Market

3 Beds

2 Bath

2,247 Sq Ft

Single Family Residence

$267.02 / sqft

Built in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3

Bathrooms Full 2

Indoor Fireplace

Heating Central

Cooling

AppliancesElectric Oven, Microwave

Exterior

Lot Size1.03 acres

Building Information

Year Built2000

Stories1

Roof Type105

Land Information

APN00.4872.004.005.00.111

Lot Number5

SubdivisionHunters Glen Ph I

Land UseResidential

Legal DescriptionLOT 5 BLK 4 HUNTERS GLEN PH I 1.03 AC

Census Tract060215

Assessed Land Value$125,000

Assessed Improvement Value$372,324

Assessment Year2025

About this property

Seller said drop it and sell it!! Motivated due to job relocation to FL. It will appraise as it is below market value and seller is firm at this price. NO HOA and outside of city limits!! This one is complete. Gorgeous home with upgrades throughout and like new. Within just a few years, this home has had new windows, steel entry doors, water Heater, Bathrooms remodeled, dishwasher, gutters, whole house water softener, french drains and more. New roof in 2019. 3 Bedrooms, 2 Bath house with a 3,200 s.f. shop ready for anything. The house has a warm welcoming feel with great porches and covered patio. Many updates and a gorgeous kitchen. THE SHOP IS A DREAM!! It is spray foam insulated, has 220v and 110v throughout and is Massive. Over 5,000 s.f. of concrete work was also added to the existing driveway and back patio. 6 inch slab in the shop can withstand forklifts or other heavy equipment. Shop also has upgraded 300W service to support the 220v outlets.

Investor Tools

$497,324

Estimated Property Value

$475,816Estimated Mortgage Balance

$21,508Estimated Equity

4% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

Calculate ARV

Rent-to-Value Ratio: 0.72%

Rent Estimate

$3,600 /month

Positive

Cash Flow Estimate:

$1,200 /month

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Financing Details

Estimated Taxes & Insurance

HOA Fees

Interest Rate Assumption

$619/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$4,945

$497,324

2025

$125,000

$372,324

$497,324

Tax History

Year

Tax Paid

Assessed Value

2024

$4,945

$497,324

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

United Wholesale Mortgage

Conventional

$480,000

First

Nov 28, 2025

Jan 2056

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$475,816

$21,508

96%

$2,878/mo

Rental Potential

Est. Monthly Rent

Est. Monthly Expenses

Est. Cash Flow

Gross Yield

$2,440/mo

$2,878/mo

$-438/mo

5.9%

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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