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$259,000

123 Rain Cloud Drive, Waxahachie, TX, 75165

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,987 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.35 / sqft
Year BuiltBuilt in 2017

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, Electric Range, Microwave, Plumbed For Ice Maker, Electric Water Heater
FlooringCarpet, Ceramic Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,536 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.2779.917.012.00.112
Lot Number12
SubdivisionBuffalo Ridge Addn Ph Iiib
Land UseResidential
Legal DescriptionLOT 12 BLK Q BUFFALO RIDGE ADDN PH IIIB 0.173 AC
Census Tract060217
Assessed Land Value$60,000
Assessed Improvement Value$291,294
Assessment Year2025

About this property

Beautifully landscaped home with 4 bedrooms, 2 baths plus a flex space with french doors that could be a study or formal dining room. This open concept, split bedroom plan has wood look tile floors in living room, kitchen, hallways and baths. The spacious kitchen has an island, granite counters, Subway tile back splash and stainless steel appliances. The pendant lights above the breakfast bar give it the perfect touch! Master is spacious, has dual sinks with a framed mirror in master, over sized shower, linen closet and walk in closet. All bedrooms have ceiling fans. The living room has a pretty, decorative wood burning fireplace. New roof 7-3-20. Enjoy the covered patio and lawn out back. Come see today!

Investor Tools

Property Icon
$351,294
Estimated Property Value
$0Estimated Mortgage Balance
$137,760Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,108 /month
Positive
Cash Flow Estimate:
$703 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$630/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,804
$351,294
2025
$60,000
$291,294
$351,294
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,804
$351,294

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cherry Creek Mortgage Co Inc
Conventional
$240,350
No
First
Aug 20, 2020
Sep 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$213,534
$137,760
39%
61%
$1,442/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,742/mo
+$230/mo
6.7%

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: Waxahachie

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123 Rain Cloud Drive | Property Details | No Agent List