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$368,000

1805 Riviera Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$197 / sqft
Year BuiltBuilt in 2020

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, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile, Hardwood

Exterior

Lot Size7,231 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN90.8633.036.019.00.112
Lot Number19
SubdivisionThe Cove Ph 3
Land UseResidential
Legal DescriptionLOT 19 BLK 36 THE COVE PH 3 0.166 AC
Census Tract060212
Assessed Land Value$70,000
Assessed Improvement Value$299,413
Assessment Year2025

About this property

Stunning 3 bedroom, 2 bath home in The Cove at North Grove. This home features an open floor plan, kitchen with tons of cabinets and counter space, kitchen island, granite countertops, eat in kitchen, subway backsplash, stainless steel appliances and gas range, LED recess lighting throughout, decorative lighting through out, wood burning brick fire place, hardwood floors in living room, master with ensuite bath, double vanity, soaker tub, walk in shower and large walk in closet. Enjoy your privacy on your back covered patio and back yard that backs up to a field. Community features a community pool and is conveniently located close to shopping and restaurants.

Investor Tools

Property Icon
$369,413
Estimated Property Value
$344,375Estimated Mortgage Balance
$48,510Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,216 /month
Positive
Cash Flow Estimate:
$739 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
$400/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,011
$369,413
2025
$70,000
$299,413
$369,413
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,011
$369,413

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Town Square Mortgage & Investments Inc
Conventional
$344,375
No
First
Sep 27, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$320,903
$48,510
13%
87%
$2,065/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,465/mo
$-493/mo
6.4%

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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1805 Riviera Dr | Property Details | No Agent List