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$369,000

145 Driftwood Ln, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$223.1 / sqft
Year BuiltBuilt in 1990

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Gas Oven

Exterior

Private PoolPrivate Pool
Exterior FeaturesOutdoor Kitchen
Lot Size8,625 sqft

Building Information

Year Built1990
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.7927.010.022.00.112
Lot Number22
SubdivisionRiver Oaks #2
Land UseResidential
Legal DescriptionLOT 22 BLK 10 RIVER OAKS #2 0.198 AC
Census Tract060300
Assessed Land Value$60,000
Assessed Improvement Value$301,459
Assessment Year2025

About this property

Located in the desirable River Oaks Community, this home radiates its own unique personality and elegance. Highly functional, open layout with eat-in kitchen and large family room overlooking the backyard oasis. The kitchen is a chef's dream; equipped with a farmhouse sink, White Onyx Quartz countertops, a 6 burner luxury gas cooktop with a built in griddle, double oven and beautiful custom cabinetry. Many upgrades have been made to the home, including new light fixtures throughout, carpet in bedrooms, ceramic wood flooring, all new interior doors, exterior patio door, painted kitchen cabinets, spray foam insulation and much more. Step outside to your very own paradise, complete with an inviting in-ground pool, hot tub and outdoor kitchen area.

Investor Tools

Property Icon
$361,459
Estimated Property Value
$354,050Estimated Mortgage Balance
$18,486Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,214 /month
Positive
Cash Flow Estimate:
$738 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$682/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,377
$361,459
2025
$60,000
$301,459
$361,459
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,377
$361,459

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Prosperity Home Mortgage Llc
Conventional
$354,050
No
First
Aug 30, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$342,973
$18,486
5%
95%
$2,123/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,123/mo
$-151/mo
6.5%

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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145 Driftwood Ln | Property Details | No Agent List