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B+
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$367,000

202 Meagan St, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,500 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size10,759 sqft

Building Information

Year Built2004
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.5503.006.011.00.112
SubdivisionKarsen Heights Addn Ph Ii
Land UseResidential
Legal Description11 6 KARSEN HEIGHTS ADDN PH II 0.247 ACRES
Census Tract060217
Assessed Land Value$70,000
Assessed Improvement Value$286,246
Assessment Year2025

About this property

Seller would like to offer $5,000 towards buyer's closing costs should we contract and agree to a sales price of $335,000, as is. Seller will provide a home warranty. Spacious, clean, and crisp move in ready 2-story in Waxahachie. Property is close to 287, Showbiz Theatre, restaurants, and schools. New home owners to enjoy large back yard. Formal living area with gas log fireplace. Kitchen open with island and breakfast bar open to the breakfast area and formal dining area makes this space multi-functional. Primary bedroom has a sitting area and dual closets. Primary bathroom features separate vanities, separate shower and a garden tub. Second living area is located upstairs. Large utility room and extra work area in garage. Seller welcomes your visit and we look forward to collaborating with you. Interior repainted April of 2023. Roof and flooring was replaced in 2021.

Investor Tools

Property Icon
$367,000
Estimated Property Value
$335,000Estimated Mortgage Balance
$49,886Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,202 /month
Positive
Cash Flow Estimate:
$734 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,178
$356,246
2025
$70,000
$286,246
$356,246
No

Tax History

Year
Tax Paid
Assessed Value
2018
$5,178
$356,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Va
$335,000
Yes
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$317,114
$49,886
13%
86%
$2,009/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,009/mo
$-37/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.

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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202 Meagan St | Property Details | No Agent List