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$579,000

205 Katy Lake Drive, Waxahachie, TX, 75165

$667,279 ARVInfo
Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,336 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.56 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3.5Bathrooms Full 3.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesBuilt-In Gas Range, Disposal, Gas Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Gas Water Heater
FlooringCeramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size20,909 sqft

Building Information

Year Built2013
Stories2
Roof Type105
Garage Spaces3

Land Information

APN90.5457.002.010.00.912
Lot Number10
SubdivisionKaty Lake On The Greens Ph 1
Land UseResidential
Legal DescriptionLOT 10 BLK 2 KATY LAKE ON THE GREENS PH 1 .48 AC
Census Tract060602
Assessed Land Value$100,000
Assessed Improvement Value$611,731
Assessment Year2025

About this property

Gorgeous home in Katy Lake with a fabulous backyard for entertaining with an outdoor pavilion with kitchen, fireplace, TV and sound system, in ground spa and large covered Flagstone patio! Special features of this home are the hand scraped wood floors, beautiful stone, floor to ceiling fireplace, Art niches, vaulted dining space, wooden bar counter top and freshly painted kitchen cabinets. The master has a Tres ceiling, separate vanities with custom mirrors, jetted tub, separate, tiled shower and a dream closet with many built ins. Downstairs also has 3 bedrooms, 2 with a Jack and Jill bath and walk in closets. Upstairs has a game room, half bath and cool media room with chairs & projector to stay. Must see!

Investor Tools

Property Icon
$711,731
Estimated Property Value
$0Estimated Mortgage Balance
$164,845Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$667,278
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,270 /month
Positive
Cash Flow Estimate:
$1,423 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,032/month
$485/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,823
$711,731
2025
$100,000
$611,731
$711,731
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,823
$711,731

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Navy Fcu
Va
$549,000
Yes
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$546,886
$164,845
23%
77%
$3,633/mo

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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205 Katy Lake Drive | Property Details | No Agent List