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B+
NoAgentList RatingHow are grades calculated? Info

$512,000

471 Reese Road, Waxahachie, TX, 75167

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.21 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave, Plumbed For Ice Maker, Water Softener
FlooringCarpet, Concrete

Exterior

Exterior FeaturesRain Gutters, Other, Storage
Lot Size1.00 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00.3049.901.017.00.108
Lot Number17
SubdivisionCross Creek Ph Iii
Land UseResidential
Legal DescriptionLOT 17 BLK A CROSS CREEK PH III 1.002 AC
Census Tract060211
Assessed Land Value$145,000
Assessed Improvement Value$322,627
Assessment Year2025

About this property

Well laid out home on over an acre in Midlothian ISD. Take advantage of lower payments living outside of the city limits and with no HOA fees! The Kitchen expands into a cozy breakfast nook with built in cabinets perfect for coffee bar or appliances. Owners have added a huge covered patio with great views of the backyard and a pull down shade. Large second living area upstairs with two bedrooms and a full bathroom. Coop and separately fenced area for you to have free range chickens. Roof just replaced less than a year ago with 30 year Architectural shingles. Country living with the convenience of nearby towns plus only 30 minutes away from Dallas and 40 minutes from Fort Worth.

Investor Tools

Property Icon
$512,000
Estimated Property Value
$0Estimated Mortgage Balance
$289,422Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,072 /month
Positive
Cash Flow Estimate:
$1,024 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$638/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,092
$467,627
2025
$145,000
$322,627
$467,627
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,092
$467,627

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Fha
$244,200
Yes
First
Sep 27, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$222,578
$289,422
56%
43%
$1,465/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,465/mo
+$975/mo
5.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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471 Reese Road | Property Details | No Agent List