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$231,000

NAL Estimated Property Value

201 Farrar Road, Waxahachie, TX, 75152

$300,300 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,904 Sq Ft
Mobile HomesMobile Homes
price_per_sqft$252.05 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator
FlooringCarpet

Exterior

Exterior FeaturesAwning(s), Other

Building Information

Year Built1995
Stories1

Land Information

APN99.1117.000.016.98.110 01
Land UseMobile Home Imp Only
Legal Description1117 G R WHEELOCK IMP ONLY
Census Tract060217
Assessed Improvement Value$69,609
Assessment Year2025

About this property

APPROVED SHOWINGS Must Confirm wListing Agent...No Exceptions. DO NOT APPROACH THE SELLERS! A Confirmed Showing Will Require Email Or Text Delivery Of Buyers PreQual Letter At Or Above The List Price. Sellers May Consider SELLER FINANCING With 40% Of List Price as Down Payment, 20 Yr Note, 9% Int (wPossible Balloon Note If Desired). This Property Boasts 16.2 Gorgeous Acres wTrees & Open Grazing Pastures That's Fenced & Cross-Fenced. The Stables Will Board 8+ Horses wElec Power, Lights, Water To Stalls & Wash & Groom Rack. The Residence Is A Livable 1998 Double Wide 3Bd 2Ba Mfg'd Home in Need of Updates and Repairs...No Pictures Are Available At This Time. The Value Opportunity is in The Land!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$0Estimated Mortgage Balance
$231,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$300,300
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,879 /month
Positive
Cash Flow Estimate:
$960 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$203/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,278
$69,609
2025
N/A
$69,609
$69,609
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,278
$69,609

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$231,000
100%
0%
$0/mo

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.

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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201 Farrar Road | Property Details | No Agent List