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$508,741

NAL Estimated Property Value

1588 Reserve Road, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,760 Sq Ft
price_per_sqft$166.49 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Plumbed For Ice Maker, Vented Exhaust Fan
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size9,627 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.8630.914.001.00.112
Lot Number1
SubdivisionThe Cove Ph 1 A
Land UseResidential
Legal DescriptionLOT 1 BLK N THE COVE PH 1 A 0.221 AC
Census Tract060212
Assessed Land Value$93,500
Assessed Improvement Value$415,241
Assessment Year2025

About this property

Open concept floor plan in this lightly lived in beautiful 2+ year old home. This is a 3 bed,2 bath home, with a office, (could be 4 th bed) 2 and a half car garage. Home sits on a corner with a beautifully landscape lot, front and back. This home has a front dining room and a gourmet kitchen with island. This kitchen is every cooks dream, enough room for everyone to cook at Thanksgiving. Kitchen opens to dining and living room and continues to a glassed in air conditioned back porch. Utility room has lots of room, hanging area, and room for freezer. Backyard has your own private gunite pool 12 X 25, and lots of concrete for lounging and wonderful evenings with a glass of wine, what more could you ask for?

Investor Tools

Property Icon
$508,741
Estimated Property Value
$274,012Estimated Mortgage Balance
$234,729Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,052 /month
Positive
Cash Flow Estimate:
$1,017 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,153/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,289
$508,741
2025
$93,500
$415,241
$508,741
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,289
$508,741

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Constant Investments Inc
Conventional
$288,000
No
First
Sep 11, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,012
$234,729
46%
54%
$1,727/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,127/mo
$-155/mo
4.7%

City: Waxahachie

1588 Reserve Road | Property Details | No Agent List