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$375,426

NAL Estimated Property Value

228 Old Spanish Trl, Waxahachie, TX, 75167

$422,381 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,698 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.1 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Refrigerator

Exterior

Lot Size5,719 sqft

Building Information

Year Built2014
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.8188.916.013.00.112
Lot Number13
SubdivisionSettlers Glen Addn Ph 2
Land UseResidential
Legal DescriptionLOT 13 BLK P SETTLERS GLEN ADDN PH 2 .1313 AC
Census Tract060209
Assessed Land Value$70,000
Assessed Improvement Value$305,426
Assessment Year2025

About this property

Conveniently located near Highway 287 and Ovilla Road, this beautifully maintained one-owner home showcases pride of ownership throughout. Featuring 5 bedrooms, 2.5 bathrooms, and a thoughtfully designed open-concept layout, this home is perfect for both everyday living and entertaining. The spacious kitchen boasts a large island, seamlessly flowing into the living and dining areas. The downstairs master suite offers a private retreat with a versatile sitting area, ideal for a home office or cozy reading nook. Upstairs, you’ll find four additional bedrooms and a generous game room, providing plenty of space for family and guests. Situated in a desirable, family-friendly neighborhood with two parks, this home offers both comfort and convenience. Don’t miss this incredible opportunity!

Investor Tools

Property Icon
$375,426
Estimated Property Value
$712,504Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$422,381
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,253 /month
Positive
Cash Flow Estimate:
$751 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$691/month
$290/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,410
$375,426
2025
$70,000
$305,426
$375,426
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,410
$375,426

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Unknown
$363,750
No
First
Mar 31, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$712,504
N/A
0%
190%
$4,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$4,652/mo
$-1,462/mo
10.2%

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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228 Old Spanish Trl | Property Details | No Agent List