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$421,853

NAL Estimated Property Value

232 Frio Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,365 Sq Ft
price_per_sqft$177.17 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave
FlooringCarpet, Luxury Vinyl Plank

Exterior

Exterior FeaturesRain Gutters
Lot Size8,999 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.2788.926.010.00.112
Lot Number10
SubdivisionBuffalo Ridge Ph Vi
Land UseResidential
Legal DescriptionLOT 10 BLK Z BUFFALO RIDGE PH VI 0.2066 AC
Census Tract060217
Assessed Land Value$70,000
Assessed Improvement Value$351,853
Assessment Year2025

About this property

READY NOW Best price for one story on larger lots in Buffalo Ridge in Waxahachie. This home has an eye popping 8' front door with beveled glass to let the light into the expansive high ceilinged foyer. The living room and owner's bedroom have gorgeous cathedral ceilings that will make guests envious. Included hard surface flooring throughout all of the main living areas including the Owner's bedroom and closet. Top name brand SS appliances with cooktop and built in wall oven and microwave. The open kitchen with breakfast nook is designed for a social lifestyle. Don't miss out on the opportunity to live on the larger lots in Buffalo Ridge. **Interior photos included in this listing are of our model home which has similar interior features. Beautifully manicured community with neighborhood hike and bike, playgrounds and pool. Call today for an appointment! [SUMMIT] $20,000 preferred lender incentive plus one time free refi within 6-18 months after closing. See onsite for more details.

Investor Tools

Property Icon
$421,853
Estimated Property Value
$371,367Estimated Mortgage Balance
$50,486Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,531 /month
Positive
Cash Flow Estimate:
$844 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$222/month
$25/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$550
$421,853
2025
$70,000
$351,853
$421,853
No

Tax History

Year
Tax Paid
Assessed Value
2024
$550
$421,853

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wells Fargo Bank Na
Conventional
$380,950
No
First
Dec 17, 2024
Jan 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$371,367
$50,486
11%
88%
$2,284/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,309/mo
+$263/mo
7.3%

Learn About the Market: Opportunity in Texas

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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.

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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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