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B+
NoAgentList RatingHow are grades calculated? Info

$319,900

1201 Waveless Run, Josephine, TX, 75135

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$121.17 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
AppliancesDishwasher

Exterior

Lot Size9,888 sqft

Building Information

Year Built2023
Stories2
Garage Spaces3

Land Information

APN4723-000I-0240-80
Lot Number24
SubdivisionRiverfield Ph 1
Land UseReal Land/Res Single Family Subdivisions
Legal DescriptionS4723 RIVERFIELD PH 1 BLK I LOT 24 ACRES .227
Census Tract961402
Assessed Land Value$48,550
Assessed Improvement Value$291,340
Assessment Year2025

About this property

Better than new! This stunning home sits on a premium oversized lot — one of the largest and most desirable in the entire community, and there are no more lots like this available from the builder. Enjoy extra space, privacy, and a perfectly landscaped backyard that’s ready for entertaining, playtime, or future outdoor upgrades. Inside, you’ll find an open and modern layout with a bright kitchen featuring a large island, stainless steel appliances, and sleek finishes overlooking the spacious living and dining areas. The neutral tones and natural light throughout create a warm, inviting feel. Upstairs offers a versatile game room and plenty of storage. Located in a thriving community with resort-style amenities including pools, parks, trails, and more — all within minutes of shopping and dining. This home combines the best of modern living with the bonus of a lot you simply can’t get anymore!

Investor Tools

Property Icon
$339,890
Estimated Property Value
$321,758Estimated Mortgage Balance
$30,701Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$257/month
$740/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,389
$339,890
2025
$48,550
$291,340
$339,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,389
$339,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Commercial
$321,758
No
First
Apr 12, 2024
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$309,189
$30,701
9%
91%
$1,930/mo

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.

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: Josephine

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