A+

NoAgentList RatingHow are grades calculated?

1view

Owner Contacts

$390,000

1209 Martha St, Waxahachie, TX, 75165

$463,541 ARV

Off Market

5 Beds

3 Bath

3,083 Sq Ft

Single Family Residence

$126.5 / sqft

Built in 1922

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5

Bathrooms Full 3

Indoor Fireplace

Heating Central

Cooling

AppliancesDishwasher, Electric Oven, Electric Range

FlooringCeramic Tile, Hardwood, Laminate

Exterior

Exterior FeaturesCourtyard, Private Yard, Storage

Lot Size11,238 sqft

Building Information

Year Built1922

Stories2

Roof Type105

Land Information

APN90.8950.014.012.02.112

Lot Number12B

SubdivisionUniversity-Rev

Land UseResidential

Legal DescriptionLOT 12B 13B 14B BLK 14 UNIVERSITY-REV .258 AC

Census Tract060602

Assessed Land Value$70,000

Assessed Improvement Value$312,846

Assessment Year2025

About this property

MOTIVATED SELLER! BRING YOUR OFFERS! Amazing find in walkable Historic Waxahachie boasting a full renovation, 5 beds, 3 full baths & huge living spaces inside & out. Dual living areas feature fireplaces, built-in bookshelves & great natural light. New roof (2022), 2 brand-new HVACs, updated lighting, new gutters, fresh interior & exterior paint, original hardwoods & new laminate flooring. Three beds on main level including the master suite complete with large walk-in closet & ensuite with garden tub & separate shower. Fully updated kitchen boasts a huge pantry, granite counters, new SS appliances & formal dining area (or 3rd living area). Custom-built oversized utility room with large windows & space for a desk. Private fenced-in backyard has huge gate for pulling toys, trailers, RVs or vehicles in back, large patio space, basketball hoop, storage shed & sizable side yard on a 0.25 acre lot. Don’t miss out on this awesome property in a charming neighborhood!

Investor Tools

$422,000

Estimated Property Value

$100,000Estimated Mortgage Balance

$326,697Estimated Equity

76% equity

Estimated Cap Rate

View Rate

Estimated ARV (After-Repair Value)

$463,541

Rent-to-Value Ratio: 0.72%

Rent Estimate

$2,532 /month

Positive

Cash Flow Estimate:

$844 /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

$752/month

No HOA

5.947%

Tax Information

Annual Taxes

Assessed Value

Assessment Year

Assessed Land

Assessed Improvement

Market Value

Tax Delinquent

$6,915

$382,846

2025

$70,000

$312,846

$382,846

Tax History

Year

Tax Paid

Assessed Value

2024

$6,915

$382,846

Mortgage Details

Lender

Loan Type

Loan Amount

Assumable

Position

Origination Date

Maturity Date

Guaranty Federal Mortgage Llc

Conventional

$100,000

First

Oct 27, 2023

Nov 2053

Equity Summary

Est. Mortgage Balance

Est. Equity

Equity %

LTV

Est. Monthly Payment

$95,303

$326,697

77%

23%

$600/mo

Learn About the Market: Opportunity in Texas

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 This Area