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$261,000

124 Spencer Street, Waxahachie, TX, 75165

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size29,621 sqft

Land Information

APN90.2002.347.006.00.912
Lot Number6
SubdivisionTown - Waxahachie
Land UseResidential
Legal DescriptionLOT 6 BLK 347 TOWN - WAXAHACHIE 0.68 AC
Census Tract060500
Assessed Land Value$104,500
Assessed Improvement Value$31,590
Assessment Year2025

About this property

Great Build Site over half an acre and right off Main Sreet. There is an old slab that the property owner says is approx 1500 sq ft. Buyer or Buyers Agent to verify all info, zoning, easements and utilities.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$0Estimated Mortgage Balance
$200,362Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$190/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$971
$136,090
2025
$104,500
$31,590
$136,090
No

Tax History

Year
Tax Paid
Assessed Value
2024
$971
$136,090

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank Na
Commercial
$63,000
No
First
Apr 22, 2024
Apr 2034

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$60,638
$200,362
76%
23%
$378/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: Waxahachie

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124 Spencer Street | Property Details | No Agent List