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$430,000

NAL Estimated Property Value

4016 Ovilla Rd, Waxahachie, TX, 75167

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,730 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.18 / sqft
Year BuiltBuilt in 1997

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Convection Oven, Vented Exhaust Fan
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size40,859 sqft

Building Information

Year Built1997
Stories1
Garage Spaces2

Land Information

APN00.9260.001.061.00.108
SubdivisionWindmill Ridge
Land UseResidential
Legal DescriptionLOT PT 61 BLK 1 WINDMILL RIDGE 0.9380 AC
Census Tract060221
Assessed Land Value$145,000
Assessed Improvement Value$191,768
Assessment Year2025

About this property

THIS IS A STEAL & PRICED UNDER TAX APPRAISED VALUE FOR 1 ACRE IN MIDLOTHIAN ISD!! NO HOA!! NO CITY TAXES!! Don’t miss this 3 BEDROOM, 2 BATH, 2 CAR GARAGE home sitting on ALMOST AN ACRE just outside the city limits, an unbeatable location in the sought after MIDLOTHIAN ISD! Both the front yard and backyard are HUGE, with a portion of the backyard enclosed by a PRIVACY FENCE and even more yard space beyond it. A GARDENER’S DREAM, the grounds feature many beautiful MATURE TREES including oaks, cypress, and crape myrtles, along with multiple rose bushes. Relax on the COVERED BACK PORCH with a ceiling fan, or entertain on the COVERED FLAGSTONE PATIO with outdoor lighting. Inside, a spacious open living room welcomes you with TALL CEILINGS, CANNED LIGHTING, and a cozy WOOD BURNING FIREPLACE. The formal dining area boasts a HUGE BAY WINDOW, perfect for family gatherings. The large eat in kitchen features CERAMIC TILE FLOORS, COUNTERTOPS, AND BACKSPLASH, a small breakfast bar leading into the breakfast room, DECORATIVE TILE CEILINGS with ornate lighting, and elegant TWO TONE PAINTED WALLS are complemented by DECORATIVE CHAIR RAIL MOLDING with OVERSIZED WHITE TRIM. CROWN MOLDING and TRAY CEILINGS throughout the house that add architectural character and warmth. GENEROUS WALK IN CLOSETS are found throughout, including TWO LARGE HIS AND HERS WALK IN CLOSETS in the primary suite. The primary bathroom is a true retreat with a HUGE JETTED TUB, decorative chandelier, and TRAY CEILING. Additional character touches include BUILT IN CABINETS in the hallway. This home has strong bones and all the perks of county living, including NO HOA!!! PRICED TO SELL, this one won’t last!

Investor Tools

Property Icon
$430,000
Estimated Property Value
$118,444Estimated Mortgage Balance
$311,803Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,580 /month
Positive
Cash Flow Estimate:
$860 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$253/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$888
$319,789
2025
$145,000
$191,768
$336,768
No

Tax History

Year
Tax Paid
Assessed Value
2024
$888
$319,789

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New Day Financial Llc
Va
$134,420
Yes
First
Jun 19, 2020
Jul 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,444
$260,556
68%
28%
$806/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$806/mo
+$1,634/mo
6.8%

City: Waxahachie

4016 Ovilla Rd | Property Details | No Agent List