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$293,000

NAL Estimated Property Value

174 Mesa Rd, Waxahachie, TX, 75167

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$571.43 / sqft
Year BuiltBuilt in 1986

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesOther

Exterior

Lot Size5.19 acres

Building Information

Year Built1986
Roof Type105
Garage Spaces1

Land Information

APN00.8410.004.005.00.115
Lot Number4,5
SubdivisionSpanish Grant Ph I
Land UseResidential
Legal DescriptionLOT 4-5 BLK 4 SPANISH GRANT PH I; LOT 30 SPANISH GRANT PH IV 5.19 AC
Census Tract060900
Assessed Land Value$195,000
Assessed Improvement Value$116,136
Assessment Year2025

About this property

Located just outside of Waxahachie, this unique 5.19-acre property offers a rare blend of charm, income potential, and room to grow. At its heart sits a rustic log home full of warmth and character—perfect as your primary residence or a serene country retreat. In addition, two mobile homes- one a 3 bed, 2 bath with 924 sq ft. and the other a 2 bed, 2 bath at 840 sq ft- currently being leased provide an excellent source of rental income, making this an ideal setup for investors or multi-generational living. The property also features a spacious shop and multiple outbuildings, offering ample storage and workspace for hobbies, equipment, or business ventures. With plenty of open land and no immediate neighbors crowding in, there’s room to expand, add more homes, or bring your vision to life—whether that’s a homestead, rental compound, or small business. Enjoy peaceful, private living with the convenience of town just a short drive away. This is a rare opportunity to own versatile acreage in a growing area—don’t miss it! Property being sold AS-IS

Investor Tools

Property Icon
$293,000
Estimated Property Value
$0Estimated Mortgage Balance
$293,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,600 /month
Positive
Cash Flow Estimate:
$1,200 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$168/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$546
$179,956
2025
$195,000
$116,136
$311,136
No

Tax History

Year
Tax Paid
Assessed Value
2024
$546
$179,956

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$293,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
N/A
+$2,440/mo
10.0%

Learn About the Market: Opportunity in Texas

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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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174 Mesa Rd | Property Details | No Agent List