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$282,000

NAL Estimated Property Value

1406 Dr Martin Luther King Jr Blvd, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,224 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$236.93 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Heating CentralHeating Central
AppliancesElectric Range, Electric Water Heater, Microwave, Refrigerator
FlooringVinyl

Exterior

Lot Size1 acre

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APN90.7946.901.002.00.912
Lot Number2
SubdivisionRodriguez-King Addn
Land UseResidential
Legal DescriptionLOT 2 BLK A RODRIGUEZ-KING ADDN 1.0 AC
Census Tract060400
Assessed Land Value$140,000
Assessed Improvement Value$181,357
Assessment Year2025

About this property

Plan on some front porch Sittin' and your favorite beverage Sippin' on this charming bungalow sitting on a full acre with an open floor plan-no carpet! Live close to downtown Waxahachie were all of the nightlife is happening! Waxahachie has shopping, restaurants, theaters, Music, Breweries and Coffee Shops Galore around the square and the historic courthouse! Come see this precious home today and plan on having your family over for the Holidays this year! This is a fantastic home in fantastic shape! Tasteful remodel done around 2018 and fresh interior and exterior paint. Land offers space to have that garden you've always dreamed of tending. Bring your chickens and have fresh eggs! Property is fenced and ready for your furry friends too! Run, don't walk to see this Cutie! This won't last long at this price point!

Investor Tools

Property Icon
$282,000
Estimated Property Value
$275,502Estimated Mortgage Balance
$6,498Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,740 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$394/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,316
$244,681
2025
$140,000
$181,357
$321,357
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,316
$244,681

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$281,300
No
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,502
$6,498
2%
98%
$1,687/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,687/mo
+$285/mo
8.4%

City: Waxahachie

1406 Dr Martin Luther King Jr Blvd | Property Details | No Agent List