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$615,000

NAL Estimated Property Value

250 Fairmeadows Dr, Waxahachie, TX, 75165

$644,477 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,985 Sq Ft
price_per_sqft$201 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size1.13 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.3076.901.008.00.110
Lot Number8
SubdivisionCountry Meadows Ests Ph 3
Land UseResidential
Legal DescriptionLOT 8 BLK A COUNTRY MEADOWS ESTS PH 3 1.126 AC
Census Tract060218
Assessed Land Value$120,000
Assessed Improvement Value$449,593
Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 3-bathroom home nestled on 1.3 acres in Palmer ISD. Built in 2021 by Elmwood Custom Homes, this residence offers unparalleled craftsmanship and an ideal blend of modern amenities and country charm. With 2,985 square feet of living space, this home is perfect for growing families. Office and bonus room or game room are a plus and relax on the backporch by the stone fireplace and take in the country views. Perfect for pets with a complete fenced back yard for them to play! The three car garage and ample parking space is ideal.

Investor Tools

Property Icon
$615,000
Estimated Property Value
$464,229Estimated Mortgage Balance
$150,771Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$644,477
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,690 /month
Positive
Cash Flow Estimate:
$1,230 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,016
$569,593
2025
$120,000
$449,593
$569,593
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,016
$569,593

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$474,000
No
First
Mar 10, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$464,229
$150,771
24%
75%
$2,842/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,842/mo
$-270/mo
5.0%

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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250 Fairmeadows Dr | Property Details | No Agent List