Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$850,000

118 Ocotillo Drive, Waxahachie, TX, 75165

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,527 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Tankless Water Heater
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s), Fire Pit, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Storage
Lot Size16,387 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.5460.902.001.00.912
Lot Number1
SubdivisionKaty Lake On The Greens Ph 2 West
Land UseResidential
Legal DescriptionLOT 1 BLK B KATY LAKE ON THE GREENS PH 2 WEST .3762 AC
Census Tract060602
Assessed Land Value$110,000
Assessed Improvement Value$683,456
Assessment Year2025

About this property

Show stopper in sought after Katy Lake! Custom home with tons of upgrades. Flexible floor plan with 4 bedrooms (one could be used as an office) and 3 full baths-2 half baths. Open concept kitchen, living, & breakfast area. Beautiful molding & barrel ceiling in entry. Double oven, gas cooktop, custom cabinetry & glass front cabinets with great counter space & breakfast bar in the kitchen. Plantation Shutters throughout. Split bedroom arrangement. 2 secondary bedrooms have a Jack & Jill bath. Master suite is large; master bath has split vanities, separate shower, & garden tub, great storage, 2 separate closets. Fully equipped media room upstairs with 102in screen & projector, kitchenette, half bath & game or poker room. Resort style saltwater diving pool & spa with water & fire features. Outdoor kitchen with built-in Napoleon grill, fridge, & gas burner. Pool bath. 3rd car garage could be used for storage, workshop or small car. Enjoy the fire pit, covered patio & outdoor fireplace too.

Investor Tools

Property Icon
$793,456
Estimated Property Value
$0Estimated Mortgage Balance
$380,534Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,100 /month
Positive
Cash Flow Estimate:
$1,700 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,669/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,058
$793,456
2025
$110,000
$683,456
$793,456
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,058
$793,456

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$440,000
No
First
Jan 11, 2023
Feb 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$412,922
$380,534
47%
52%
$2,639/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$3,134/mo
$-562/mo
3.9%

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

118 Ocotillo Drive | Property Details | No Agent List