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$712,911

NAL Estimated Property Value

2450 Grant Michael Trl, Waxahachie, TX, 75167

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,783 Sq Ft
price_per_sqft$242.54 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Cooktop, Electric Oven, Disposal, Microwave
FlooringCarpet, Hardwood

Exterior

Lot Size1 acre

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.7713.903.005.00.112
Lot Number5
SubdivisionRanch At Stone Hill
Land UseResidential
Legal DescriptionLOT 5 BLK C RANCH AT STONE HILL 1.00 AC
Census Tract060900
Assessed Land Value$140,000
Assessed Improvement Value$572,911
Assessment Year2024

About this property

Take a look at this beautiful New Custom Homes buy Canyon Creek Custom Homes!! Located OUTSIDE CITY LIMITS!!! This fantastic 4-bedroom, 3-full bath with a Gameroom sits on a spacious acre lot. Step inside, and you'll find a home designed for easy living. Hand-scraped hardwood floors, creating a welcoming atmosphere. The fireplace, stretching up to the ceiling, adds a touch of charm and a cozy focal point for those chilly nights. Large windows peppered throughout the house flood the interior with natural light, giving every room a bright and airy feel. The kitchen, complete with modern appliances flows right into the dining area. The primary bedroom wing is your private retreat, separated by a stylish barn door, ensuring a quiet and serene space. The en-suite bathroom boasts a double vanity, offering convenience, and a cleverly designed access route through the closet leads directly to the laundry room. Step outside onto the large covered patio where you have an outdoor oasis!

Investor Tools

Property Icon
$712,911
Estimated Property Value
$431,078Estimated Mortgage Balance
$281,833Estimated Equity
39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,277 /month
Positive
Cash Flow Estimate:
$1,426 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,164/month
$700/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$712,911
2024
$140,000
$572,911
$712,911
No

Tax History

Year
Tax Paid
Assessed Value
2023
N/A
$712,911

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$445,000
No
First
Aug 12, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$431,078
$281,833
39%
60%
$2,668/mo

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.

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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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2450 Grant Michael Trl | Property Details | No Agent List