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$1,336,000

NAL Estimated Property Value

194 Old Howard Rd, Waxahachie, TX, 75165

$1,709,346 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths5,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$268.67 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesRefrigerator, Water Purifier, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Water Heater, Ice Maker, Microwave, Convection Oven, Double Oven, Vented Exhaust Fan, Washer
FlooringCeramic Tile, Concrete, Hardwood, Laminate, Tile, Stone

Exterior

Private PoolPrivate Pool
Exterior FeaturesBarbecue, Boat Slip, Built-in Barbecue, Dock, Fire Pit, Gas Grill, Rain Gutters, Lighting, Outdoor Grill, Outdoor Kitchen, Private Entrance, Private Yard, RV Hookup, Storage, Other
Lot Size2.06 acres

Building Information

Year Built2003
Stories1
Garage Spaces3

Land Information

APN90.2806.904.003.00.112
SubdivisionCrystal Cove Ph 2
Land UseResidential
Legal Description3R D CRYSTAL COVE PH 2 REV 2.062 ACRES
Census Tract061100
Assessed Land Value$270,000
Assessed Improvement Value$605,000
Assessment Year2025

About this property

Rare lakefront gem on private Lake Waxahachie- PARADISE on 2.062 acres with breathtaking water views and every amenity imaginable. The 3424 sqft main residence is stunning with SOARING TRAY CEILINGS and high-end finishes throughout. 3 bedrooms and 2.5 bathrooms designed for both comfort and elegance. Every room is BATHED IN NATURAL LIGHT THROUGH OVERSIZED WINDOWS WITH VIEWS OF THE WATERFRONT, making every day feel like a vacation. Have a family movie night in the giant media room. The real story here is everything beyond the front door! A MASSIVE 40X40 CLIMATE-CONTROLLED GARAGE built in 2014 OFFERS RV PARKING, a dedicated WORKSHOP, a back up generator and an integrated TORNADO SHELTER for peace of mind because we are in Texas-IYKYK! This was built for the serious hobbyist or the family that simply needs room to live. A CHARMING 1600 sq ft TWO-STORY GUEST HOUSE attached to the garage provides the perfect private retreat, featuring an expansive upper-level open floor plan, ideal for multigenerational living or hosting in style. Step outside and prepare to be wowed. The RESORT-STYLE POOL showcases gorgeous stonework, a water feature with a slide, all anchored by a stunning TIMBER-FRAME PAVILION with a SWIM-UP BAR and a fully equipped outdoor kitchen. YOUR PERSONAL LAKESIDE ENTERTAINMENT DESTINATION. The OVERSIZED DOCK WITH BOAT LIFT puts you on the water in minutes. Lake Waxahachie is closed to the public during major holidays so the residents can enjoy their backyard paradise. PRIVATE. PEACEFUL. UNMATCHED. Whether you’re entertaining a crowd or escaping the world, this ONE-OF-A-KIND SUPER PRIVATE LAKE WAXAHACHIE ESTATE DELIVERS THE LIFESTYLE YOU’VE BEEN DREAMING OF. Welcome home!

Investor Tools

Property Icon
$1,336,000
Estimated Property Value
$145,672Estimated Mortgage Balance
$1,191,497Estimated Equity
83% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$1,709,345
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,099 /month
Positive
Cash Flow Estimate:
$2,700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,901/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,128
$875,000
2025
$270,000
$605,000
$875,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,128
$875,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$162,649
No
First
Dec 4, 2020
Jan 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,672
$729,328
83%
11%
$976/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,276/mo
+$1,296/mo
2.3%

City: Waxahachie

194 Old Howard Rd | Property Details | No Agent List