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$342,133

NAL Estimated Property Value

507 Farley St, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,886 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.01 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Microwave, Double Oven, Tankless Water Heater
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesStorage
Lot Size13,591 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces4

Land Information

APN90.2950.007.001.02.112
Lot Number1B
SubdivisionCerf
Land UseResidential
Legal DescriptionLOT 1B; 2A BLK 7 CERF .312 AC
Census Tract060300
Assessed Land Value$70,000
Assessed Improvement Value$272,133
Assessment Year2025

About this property

Looking for a 1920’s beauty in Waxahachie? Come take a look at this spacious Charming Craftsman home that has been well cared for and still has that old charm feel with many Updates. 3 bedrooms, 2 Full baths with large living room and large formal dining room. Solid Pine floors throughout. The kitchen has granite counter tops and a huge island with lots of storage and granite counter tops. You will love the Open floor plan with bonus room or a 4th bedroom off kitchen leading out to covered back porch. Large, oversized backyard with lots of shade and Pecan trees. 2 storage bldgs. Completely fenced in with partial Privacy fencing and chain-link. Covered Parking in front for up to 4 vehicles and extra parking in the rear, through alley. This home has plenty of room and is perfect for Entertaining inside and out.

Investor Tools

Property Icon
$342,133
Estimated Property Value
$245,826Estimated Mortgage Balance
$96,307Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,053 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$696/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,637
$342,133
2025
$70,000
$272,133
$342,133
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,637
$342,133

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$259,250
No
First
Jul 14, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$245,826
$96,307
28%
72%
$1,555/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,555/mo
+$417/mo
6.9%

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.

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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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507 Farley St | Property Details | No Agent List