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$518,850

123 Catawba Road, Waxahachie, TX, 75165

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,917 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$270.66 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave
FlooringCombination

Exterior

Private PoolPrivate Pool
Exterior FeaturesAwning(s)
Lot Size1.77 acres

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.8594.904.008.00.112
Lot Number8
SubdivisionTecumseh Park Estates #3
Land UseResidential
Legal DescriptionLOT 8 BLK D TECUMSEH PARK ESTATES #3 1.77 AC
Census Tract060219
Assessed Land Value$144,000
Assessed Improvement Value$236,000
Assessment Year2025

About this property

Located at 123 Catawba Road in sought-after Waxahachie, this 4-bedroom, 2-bath home on over 1 acre offers the perfect combination of space, functionality, and outdoor living in Ellis County. Conveniently located just minutes from downtown Waxahachie with easy access to Highway 287 and I-35E, this property delivers the privacy while remaining close to shopping, dining, schools, and commuting routes to the greater DFW area. Inside, the home features a spacious and functional floorplan designed for both everyday living and entertaining. The oversized living areas flow seamlessly into the kitchen and dining spaces, creating a warm and inviting atmosphere. Outdoors, the property truly stands out with a sparkling in-ground swimming pool, expansive backyard space, and a shop ideal for storage, hobbies, equipment, or workshop use. With over an acre of land, there is ample room for outdoor entertaining, recreational vehicles, trailers, gardening, pets, or future improvements. Properties with acreage, pool, and shop combinations are increasingly difficult to find in the growing Waxahachie and Ellis County real estate market. If you have been searching for a home with land in Waxahachie TX, a property with a shop and pool, or country-style living near Dallas-Fort Worth, 123 Catawba Road offers exceptional value, versatility, and lifestyle potential in one complete package.

Investor Tools

$250,330Estimated Mortgage Balance
$279,670Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,180 /month
Positive
Cash Flow Estimate:
$1,060 /month

Interested in this property?

Eric Janszen

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$573/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,227
$380,000
2025
$144,000
$236,000
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2018
$4,227
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$264,000
No
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,330
$279,670
52%
47%
$1,583/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,683/mo
+$289/mo
4.5%

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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