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$475,000

1858 Riviera Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,674 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.64 / 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, Electric Oven, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,759 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.8633.036.012.00.112
Lot Number12
SubdivisionThe Cove Ph 3
Land UseResidential
Legal DescriptionLOT 12 BLK 36 THE COVE PH 3 0.247 AC
Census Tract060212
Assessed Land Value$85,000
Assessed Improvement Value$372,078
Assessment Year2025

About this property

If you love a home that feels elevated the moment you walk in, this one delivers. From the 10 foot ceilings to the tray ceilings, crown molding, and graceful arched entries, the design details create a polished, custom feel without the custom price tag. Built in 2020 with 2,674 square feet, this 3 bedroom, 2.5 bath home also includes a dedicated office that can easily flex as a 4th bedroom for guests, a nursery, or a second work from home setup. Natural light pours into the living and formal areas, highlighting the wood floors and the gas fireplace that makes the main living room feel warm and inviting. Art nooks and architectural cutouts give you perfect spots for photos, collections, or seasonal decor, and the flow of the home is ideal for both entertaining and everyday living. You have a formal dining room for holidays and hosting, plus a second dining area that keeps daily meals convenient and connected to the kitchen. The kitchen is built for real life, with a large island, gas appliances, a coffee bar, and an abundance of cabinets, storage, and countertop space, plus a spacious pantry that helps everything stay organized. The primary suite is oversized and thoughtfully laid out, with a large bath featuring a garden tub, separate shower, and dual vanities, along with a walk in closet that includes extra shelving and storage. Outside, a covered back patio gives you a comfortable spot to unwind, grill, or watch the evening settle in. The roof was replaced June 2024, adding peace of mind. Located in the highly sought after master planned community of North Grove in Waxahachie, you are close to neighborhood parks, the community pool, and miles of trails, with the community elementary school right nearby. Shopping, dining, highways, and hospitals are all within easy reach, keeping your day to day routine efficient while your home stays quiet, bright, and comfortable.

Investor Tools

Property Icon
$470,000
Estimated Property Value
$464,000Estimated Mortgage Balance
$9,365Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,850 /month
Positive
Cash Flow Estimate:
$950 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,024
$445,218
2025
$85,000
$372,078
$457,078
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,024
$445,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$464,000
No
First
Jan 23, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$460,635
$9,365
1%
98%
$2,782/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,282/mo
$-1,310/mo
5.0%

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.

Explore Texas Explore This Area
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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1858 Riviera Dr | Property Details | No Agent List