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$269,999

302 Cumberland Rd, Waxahachie, TX, 75165

On MarketInfo
Beds4 Beds
Baths1 Bath
Baths1,362 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.24 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListMust-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Dryer, Gas Range, Gas Water Heater, Refrigerator, Washer
FlooringWood, Vinyl

Exterior

Lot Size8,494 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN90.2520.008.022.00.112
Lot Number22
SubdivisionBelle-Vue
Land UseResidential
Legal DescriptionLOT 22; 23B BLK 8 BELLE-VUE .195 AC
Census Tract060300
Assessed Land Value$60,000
Assessed Improvement Value$191,927
Assessment Year2025

About this property

Come home to this peaceful neighborhood located directly across from Belle-Vue Park. This home was updated a couple of years ago with new paint, some new luxury vinyl floors that compliment the existing wood floors, and granite countertops in the kitchen. The bathroom was also updated at this time. The garage was converted into a bedroom, with a split unit. The present owner uses this as his home office. Separate utility room off the kitchen. The washer and dryer can stay if desired. Lots of closet space throughout the home. Dining area is off the kitchen, and sliding doors lead from there to a back patio. A large backyard, with no neighbors behind. That area, and this home are located in a flood zone.

Investor Tools

Property Icon
$272,000
Estimated Property Value
$133,137Estimated Mortgage Balance
$140,612Estimated Equity
51% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Becky Charles

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$399/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,425
$251,927
2025
$60,000
$191,927
$251,927
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,425
$251,927

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Freedom Mortgage Corp
Fha
$133,137
Yes
First
Sep 17, 2025
May 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$131,585
$140,415
51%
48%
$799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$799/mo
+$1,773/mo
11.3%

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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302 Cumberland Rd | Property Details | No Agent List