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Days90Days on Market
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$379,900

2318 Sheppards Ln, Waxahachie, TX, 75167

$412,241 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,282 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.48 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Gas Cooktop, Microwave

Exterior

Lot Size14,331 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.8268.009.016.00.112
Lot Number16
SubdivisionSheppards Place Ph 2
Land UseResidential
Legal DescriptionLOT 16 BLK 9 SHEPPARDS PLACE PH 2 0.329 AC
Census Tract060211
Assessed Land Value$70,000
Assessed Improvement Value$360,533
Assessment Year2025

About this property

Welcome to this beautiful home in the desirable Sheppards Place community of Waxahachie. This well-maintained property features an open-concept layout with a spacious living area that flows seamlessly into the kitchen, complete with granite countertops, ample cabinetry, and modern finishes. The private primary suite offers a comfortable retreat with an ensuite bath, while the secondary bedrooms provide flexibility for guests, a home office, or additional living needs. The generous backyard is ideal for entertaining or enjoying time outdoors. Conveniently located near shopping, dining, and with easy access to I-35E, this home offers both comfort and accessibility. A great opportunity to own a thoughtfully designed home in a growing and desirable area.

Investor Tools

Property Icon
$430,533
Estimated Property Value
$471,207Estimated Mortgage Balance
$0Estimated Equity
-9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$412,240
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,583 /month
Positive
Cash Flow Estimate:
$861 /month

Interested in this property?

Claudia Torres

Realty of America, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$819/month
$363/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,670
$430,533
2025
$70,000
$360,533
$430,533
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,670
$430,533

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Financial Services Llc
Fha
$471,207
Yes
First
May 18, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$445,285
N/A
0%
103%
$2,826/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,189/mo
+$1/mo
8.9%

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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2318 Sheppards Ln | Property Details | No Agent List