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Days45Days on Market
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$435,000

$459,000

206 Morning Light Ln, Waxahachie, TX, 75165

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,301 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.05 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard, Storage, Garden
Lot Size10,001 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces1

Land Information

APN90.8460.908.022.00.112
Lot Number22
SubdivisionSunrise At Garden Valley Ph 1
Land UseResidential
Legal DescriptionLOT 22 BLK H SUNRISE AT GARDEN VALLEY PH 1 0.2296 AC
Census Tract060217
Assessed Land Value$85,000
Assessed Improvement Value$338,805
Assessment Year2025

About this property

Perched on a beautiful hilltop setting with expansive backyard views that stretch for miles, this 2024 Bloomfield Homes single-story delivers the kind of setting buyers dream about but rarely find. From the covered back porch, you can take in breathtaking sunrises, wide-open skies, distant views, walking trails, ponds, and a peaceful greenbelt backdrop with no neighbors directly behind. The home itself is equally impressive, beginning with a striking brick-and-stone elevation, J-swing entry, and manicured landscaping that create standout curb appeal from the moment you arrive. Inside, the home features wood floors throughout the main living areas, recessed lighting, abundant natural light, and an open layout designed for comfortable everyday living and effortless entertaining. The spacious island kitchen is a true centerpiece, offering quartz countertops, generous prep space, and a seamless connection to the dining and living areas. The living room is anchored by a beautiful stone fireplace with a mantel and raised hearth, creating a warm and inviting focal point while large windows across the back of the home draw your eyes straight to the incredible outdoor views. The private primary retreat is thoughtfully designed with a spacious bath featuring an oversized shower with bench, creating a comfortable and relaxing escape. Additional bedrooms provide flexible space for family, guests, or a home office. Out back, the covered porch extends the living space outdoors and makes the most of the scenic hilltop setting, while a garden shed adds convenient storage and keeps the yard neat and functional. With its 2024 construction, single-story layout, upgraded finishes, rare elevated backyard views, scenic greenbelt setting, and no rear neighbors, this Bloomfield-built home offers a special combination of beauty, privacy, openness, and everyday livability. A 3D online tour is available for buyers who would like to virtually tour the home before seeing it in person.

Investor Tools

$194,436Estimated Mortgage Balance
$260,489Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,724 /month
Positive
Cash Flow Estimate:
$908 /month

Interested in this property?

Craig Griffith

Griffith Group, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$305/month
$650/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,395
$423,805
2025
$85,000
$338,805
$423,805
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,395
$423,805

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lower Llc
Conventional
$200,080
No
First
Oct 11, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$194,436
$238,564
55%
43%
$1,200/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,850/mo
+$122/mo
5.2%

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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206 Morning Light Ln | Property Details | No Agent List