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$395,523

NAL Estimated Property Value

204 Kings Court Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,635 Sq Ft
price_per_sqft$244.59 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Oven, Microwave
FlooringCarpet, Luxury Vinyl Plank

Exterior

Lot Size30,056 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces5

Land Information

APN00.6841.903.002.00.112
Lot Number2
SubdivisionNorth East Meadows
Land UseResidential
Legal DescriptionLOT 2 BLK C NORTH EAST MEADOWS .69 AC
Census Tract060212
Assessed Land Value$100,000
Assessed Improvement Value$295,523
Assessment Year2025

About this property

This home in the highly sought after North East Meadows subdivision sits on .69 acres with mature trees. The home has a great layout with the kitchen open to the large living area. The home features 4 spacious bedrooms which one makes a great office. So many upgrades - The primary bath is updated with a beautiful shower, tub and fixtures. Out back is a covered patio with stained wood, ceiling fans, 6 electric outlets, bar and beautiful stamped concrete. A huge carport 22'x36' to park your RV, cars or boat. Included is the new storage shed 12'x16' with a 4' wide loft. Also featuring an electric box wired for 50-amp outlet to run a generator. This is a fabulous, quiet subdivision with no HOA or city taxes. Thinking of adding a second home? You could also add a separate entrance from Butcher Road. So many possibilities!

Investor Tools

Property Icon
$395,523
Estimated Property Value
$379,044Estimated Mortgage Balance
$16,479Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$647/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,787
$395,523
2025
$100,000
$295,523
$395,523
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,787
$395,523

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$382,936
Yes
First
Aug 25, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$379,044
$16,479
4%
96%
$2,389/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,389/mo
+$183/mo
7.8%

Learn About the Market: Opportunity in Texas

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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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