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$599,000

305 Twin Lakes Drive, Waxahachie, TX, 75165

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,088 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$286.88 / sqft
Year BuiltBuilt in 2010

Property Lead Type:

BankruptcyHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size1.47 acres

Building Information

Year Built2010
Stories1
Garage Spaces1

Land Information

APN00.8860.000.045.00.105
Lot Number45
SubdivisionTwin Lakes Est
Land UseResidential
Legal DescriptionLOT 45 TWIN LAKES EST 1.47 AC
Census Tract060219
Assessed Land Value$130,000
Assessed Improvement Value$274,397
Assessment Year2025

About this property

Custom-built, single-owner home on 1.47 acres offering privacy, space, and distinctive design just ~30 minutes from Dallas and ~11 minutes from Waxahachie's shopping. Built in 2010, this 3 bedroom, 2bath, 2,088 SF side entry residence is anything but cookie cutter crafted with attention to detail and a grand, open feel throughout, and includes a 1500 sf shop with separate living quarters. The striking A frame living room features 20’ vaulted cedar ceilings and expansive windows that fill the space with natural light. A statement wood burning stove anchors the room, while custom French doors open to a 20’ x 20’ covered porch with matching cedar ceiling, perfect for seamless indoor outdoor living. Inside, you’ll find 10’ ceilings, oversized 8’ solid-core wood doors, granite countertops, solid wood cabinetry, custom wall textures, and 2” faux wood blinds and ceiling fans throughout. The spacious primary suite offers a true retreat with a luxurious bath featuring a tub-in-shower design, multiple shower heads, double vanity, and LED mirror, along with custom built-ins in the oversized walk-in closet. Secondary bedrooms are generously sized and connected by a Jack and Jill bath with a large soaking tub shower. A huge mudroom, laundry room includes a convenient pet washing station. All new appliances convey. HVAC replaced in 2025. Home plumbed for gas as an option. Step outside to enjoy wooded views, mature trees, and a peaceful creek, pond backdrop. A circle driveway adds convenience, and the property is located outside city limits for lower taxes. Wired for High speed fiber internet. The 1,500 SF shop provides exceptional flexibility and includes an approximately 660 SF private guest suite with living room, bedroom, kitchen, bath, washer, dryer, separate septic, and its own electric meter, ideal for guests, multigenerational living, or private quarters. Owner is Broker and Listing agent.

Investor Tools

Property Icon
$454,000
Estimated Property Value
$0Estimated Mortgage Balance
$454,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Leigh Sublett

Leigh Fredrickson Sublett

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$492/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,636
$372,496
2025
$130,000
$274,397
$404,397
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,636
$372,496

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$454,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
N/A
+$2,572/mo
6.8%

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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