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$624,711

NAL Estimated Property Value

122 Ocotillo Drive, Waxahachie, TX, 75165

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,830 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.72 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Double Oven, Gas Cooktop, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size17,019 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces3

Land Information

APN90.5460.902.003.00.912
Lot Number3
SubdivisionKaty Lake On The Greens Ph 2 West
Land UseResidential
Legal DescriptionLOT 3 BLK B KATY LAKE ON THE GREENS PH 2 WEST 0.3907 AC
Census Tract060602
Assessed Land Value$100,000
Assessed Improvement Value$524,711
Assessment Year2025

About this property

Stunning single story in sought after neighborhood of Katy Lake*Truly custom from the brick archway in the professionally landscaped yard to the extended patio with TV & FP*Study boasts hdwds & floor to ceiling windows*Den has the same gleaming floors with a corner FP*Kitchen with HUGE island, stainless steel appliances & an abundance of cabinets is open to the den*Eating area is big enough for a harvest table to fit the entire family*Master, split for total privacy, has spa quality bath, separate tub & shower plus amazing WIC*One of the three additional bedrooms features an ensuite bath..perfect for guests*Three car garage, with additional drive for parking or a game of basketball*Something here for everyone*

Investor Tools

Property Icon
$624,711
Estimated Property Value
$349,446Estimated Mortgage Balance
$275,265Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,748 /month
Positive
Cash Flow Estimate:
$1,249 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,215/month
$495/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,455
$624,711
2025
$100,000
$524,711
$624,711
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,455
$624,711

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sun West Mortgage Company Inc
Fha
$396,583
Yes
First
Apr 13, 2020
Jun 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$349,446
$275,265
44%
56%
$2,378/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,873/mo
$-301/mo
4.9%

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.

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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

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122 Ocotillo Drive | Property Details | No Agent List