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Days35Days on Market
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$715,000

$725,000

140 Lone Elm Rd, Waxahachie, TX, 75167

On MarketInfo
Price DropInfo
Beds3 Beds
Baths3 Bath
Baths2,608 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.16 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size1 acre

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.8144.901.005.00.112
Lot Number5
SubdivisionSavannah Oaks
Land UseResidential
Legal DescriptionLOT 5 BLK A SAVANNAH OAKS 1. AC
Census Tract060211
Assessed Land Value$140,000
Assessed Improvement Value$448,743
Assessment Year2025

About this property

Welcome to the perfect blend of comfort, functionality, and country living! Nestled on a beautifully maintained 1-acre lot, this thoughtfully upgraded 3-bedroom, 2.5-bath home offers 2,608 square feet of spacious living along with an incredible fully outfitted shop designed for work, hobbies, entertaining, or additional living space. Inside the immaculately maintained home, you’ll find an inviting open-concept layout with generous living spaces, a well-appointed kitchen, and a private primary retreat featuring an ensuite bath and walk-in closet. Designed with convenience in mind, the home is pre-wired for holiday lighting with a timer system and also includes a Jacuzzi hook-up on the extended back patio—perfect for relaxing evenings overlooking the expansive backyard. A 12-station irrigation system keeps the entire acre lush, green, and beautifully maintained year-round. The impressive 32x40 detached shop is truly a standout feature. Fully insulated and climate controlled on both sides, it offers incredible versatility for a workshop, home business, studio, guest quarters, fitness space, or potential rental opportunity. The main shop area features 1” closed-cell insulation, while the living quarters include both 1” closed-cell and 4” open-cell insulation for maximum efficiency and comfort. Power and utility upgrades set this property apart, including dedicated 200-amp service to both the home and the shop for an impressive total of 400 amps of power. Additional features include a 30-amp RV plug, 50-amp emergency generator backup with main lockout, extended concrete pad with sidewalk access, and a mesh Wi-Fi system that provides seamless coverage across the entire property. This exceptional property delivers the freedom of rural living with the modern amenities and flexibility today’s buyers are looking for. Whether you need extra workspace, room for guests, or simply space to spread out and enjoy life, this one truly has it all.

Investor Tools

Property Icon
$718,000
Estimated Property Value
$482,700Estimated Mortgage Balance
$262,638Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,308 /month
Positive
Cash Flow Estimate:
$1,436 /month

Interested in this property?

Nick Good

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,564
$390,464
2025
$140,000
$448,743
$588,743
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,564
$390,464

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Cowboy Bank Of Texas
Conventional
$482,700
No
First
May 2, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$455,362
$262,638
36%
63%
$2,895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$2,895/mo
$-455/mo
4.1%

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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140 Lone Elm Rd | Property Details | No Agent List