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$702,000

NAL Estimated Property Value

4218 Fm 66, Waxahachie, TX, 75167

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,826 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$460.01 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 5Bathrooms Full 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave
FlooringCeramic Tile, Hardwood

Exterior

Lot Size36.09 acres

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces6

Land Information

APN99.0950.000.003.00.112
SubdivisionM V B Rhodes
Land UseResidential
Legal Description950 M V B RHODES 36.093 ACRES
Census Tract060900
Assessed Land Value$60,309
Assessed Improvement Value$290,834
Assessment Year2025

About this property

PRIVATE COUNTRY RETREAT ON NEARLY 38 ACRES! At the end of a long private drive, this one-owner custom home offers peaceful seclusion with beautiful sunset views and a tree-lined creek. A fully spray-foamed 40x80 shop with an attached 1,200 sq ft apartment (2 bed, 1 bath) offers rental income potential or multigenerational living. The 2,826 sq ft main house features a one-story split floorplan with 4 bedrooms and 3 full baths (4th bedroom perfect as office or flex space). The stone and red brick exterior pairs with a brand-new roof for timeless curb appeal. Inside, you'll find new hardwood floors, a welcoming sunroom, and a large kitchen with a brick surround cooktop, center island, and abundant cabinetry—truly the heart of the home. A storm shelter in the garage with concrete walls and door provides peace of mind. Enjoy outdoor living under the covered patio and cedar pergola. Paid-off solar panels, recent water heaters, cattle pens, and thoughtful updates complete this incredible country property. An ag exemption for property taxes is currently in place, adding even more value to this rare opportunity!

Investor Tools

Property Icon
$702,000
Estimated Property Value
$0Estimated Mortgage Balance
$702,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,800 /month
Positive
Cash Flow Estimate:
$2,600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$609/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,793
$351,143
2025
$60,309
$290,834
$1,465,957
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,793
$351,143

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$702,000
100%
0%
$0/mo

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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4218 Fm 66 | Property Details | No Agent List