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$314,900

218 Heartland Drive, Waxahachie, TX, 75165

$360,581 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.6 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker
FlooringCarpet, Ceramic Tile

Exterior

Exterior FeaturesStorage
Lot Size25,613 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces5

Land Information

APN90.2492.902.003.00.112
Lot Number3
SubdivisionBent Creek Ests Ph I
Land UseResidential
Legal DescriptionLOT 3 BLK B BENT CREEK ESTS PH I .588 AC
Census Tract060212
Assessed Land Value$80,000
Assessed Improvement Value$215,225
Assessment Year2025

About this property

Beautiful home on over half an acre with 4 bedrooms & office which could be 5th bedroom. High arching ceilings, crown molding, & attractive tile flooring in main living areas. And look at this gorgeous kitchen with granite counter tops, glass tile back splash, 42 inch solid cherry wood cabinets, large island with extra storage space, bar seating, & stainless steel appliances including built-in microwave. Master bath offers dual vanities, a spacious shower with custom tile work, & expansive walk-in closet. Out back the 250sf covered patio, covered area off the workshop & large backyard combine to create a great space for entertaining friends & family. And the workshop offers 500sf of room & electric! Come see!

Investor Tools

Property Icon
$418,000
Estimated Property Value
$0Estimated Mortgage Balance
$269,971Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$360,581
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,508 /month
Positive
Cash Flow Estimate:
$836 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$592/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,011
$295,225
2025
$80,000
$215,225
$295,225
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,011
$295,225

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Spring Eq Llc
Stand Alone Second / Subordinate Position
$150,000
No
First
Aug 21, 2025
Sep 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,029
$269,971
64%
35%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$900/mo
+$1,672/mo
7.4%

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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218 Heartland Drive | Property Details | No Agent List