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$664,900

303 Spring Creek Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds5 Beds
Baths4 Bath
Baths2,719 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.54 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesCourtyard, Rain Gutters, Lighting, Private Yard, Rain Barrel/Cistern(s), Storage
Lot Size42,689 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces6

Land Information

APN90.8420.001.003.00.112
SubdivisionSpring Crk Farm
Land UseResidential
Legal Description3 1 SPRING CRK FARM 0.98 ACRES
Census Tract060217
Assessed Land Value$160,000
Assessed Improvement Value$438,717
Assessment Year2025

About this property

Two houses under one roof! The main house is 2719 sq. ft. with 3 bedrooms, 2 and a half baths, living, game, dining and breakfast rooms. The guest house is an open concept, 1128 sq. ft. space and has its own entrance, two bedrooms, a kitchen, breakfast space, living area and full bath. Great for a home business, mother in law suite, college kid? You decide. There is a 4 car garage that can be utilized for both. There is also a big walk up storage area above the garage.. In the main house special features include the beautiful brick, floor to ceiling fireplace flanked by built in shelving, a decorative glass window in the dining room, granite counters and a pretty backsplash in the kitchen, a wet bar in the game room, unique beadboard ceilings in the hall & primary bedroom. Enjoy the beautiful, private courtyard with a Pergola with lighting and covered porch between the main house & guest house. Roof replaced 2021 & windows on main house in 3-2021. Circle drive. Must see home!

Investor Tools

Property Icon
$660,000
Estimated Property Value
$495,425Estimated Mortgage Balance
$114,477Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,989 /month
Positive
Cash Flow Estimate:
$1,330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$921/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,753
$503,814
2025
$160,000
$438,717
$598,717
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,753
$503,814

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Reliable Lending Llc
Conventional
$495,425
No
First
Apr 10, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$545,523
$114,477
17%
83%
$3,331/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$3,331/mo
$-1,359/mo
3.6%

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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303 Spring Creek Dr | Property Details | No Agent List