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$415,000

NAL Estimated Property Value

165 Royal Park Lane, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,114 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.01 / sqft
Year BuiltBuilt in 1979

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Vented Exhaust Fan
FlooringCeramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size29,185 sqft

Building Information

Year Built1979
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.8010.000.009.02.112
Lot Number9S
SubdivisionRoyal Park Manor
Land UseResidential
Legal DescriptionLOT 9S ROYAL PARK MANOR .67 AC
Census Tract060212
Assessed Land Value$100,000
Assessed Improvement Value$260,006
Assessment Year2025

About this property

Country living but still close to all the City amenities. This 3 bed 3 bath home is nestled on over a half an acre lot and features a large open living area with vaulted wood beam ceiling and a focal point wood burning stove that creates an inviting ambiance. The second living area is a versatile space and could be used as a game room or office. This space also has a full bath and dry bar that is plumbed for a sink. Formal dining area and eat in kitchen. Master suite boasts a jetted tub, separate shower, double sinks and his and her closets. Large backyard with covered patio, garden boxes on the side ready for all types of gardening, a huge 30x40 shop with 2 roll up doors perfect for all your projects and hobbies, NO HOA and NO CITY TAXES!!!

Investor Tools

Property Icon
$415,000
Estimated Property Value
$357,025Estimated Mortgage Balance
$57,975Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$636/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,556
$360,006
2025
$100,000
$260,006
$360,006
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,556
$360,006

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$375,250
No
First
Sep 26, 2023
Oct 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,025
$57,975
13%
86%
$2,250/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,250/mo
+$322/mo
7.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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165 Royal Park Lane | Property Details | No Agent List