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$495,000

NAL Estimated Property Value

511 E Pecan Tree Rd, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$274.07 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Tankless Water Heater
FlooringConcrete, Painted/Stained

Exterior

Exterior FeaturesAwning(s), Rain Gutters, Lighting, Private Entrance, Private Yard, Storage, Garden
Lot Size3.73 acres

Building Information

Year Built2016
Stories1
Roof Type112
Garage Spaces3

Land Information

APN00.3287.000.001.00.112
Lot Number1
SubdivisionDecuir Ests
Land UseResidential
Legal DescriptionLOT 1 DECUIR ESTS 3.734 AC
Census Tract061100
Assessed Land Value$237,500
Assessed Improvement Value$306,178
Assessment Year2025

About this property

Multiple offers received! Rare opportunity to own a custom-built barndominium on 3.7 gated, fully fenced acres outside the city limits—complete with an incredible 30x40 workshop-garage, additional storage building, & room to enjoy country living. Built in 2016 by its original owners, this thoughtfully designed one-owner home offers comfortable everyday living with the functionality and flexibility that's becoming increasingly difficult to find. Enjoy lower property taxes just minutes from Waxahachie. Inside, the open-concept layout features a cozy living area, dining room, & well-appointed kitchen with a propane gas range, abundant cabinetry, generous counter space, & a large laundry room with additional storage. The private primary suite on the opposite side of the home offers a walk-in closet and ensuite bath, while three additional bedrooms occupy a separate wing with a spacious game room ideal for a second living area, home office, or media room. Built for efficiency, the home features spray foam insulation, a propane tankless water heater, and impressively low utility costs. The 30x40 workshop-garage features electricity, concrete floors, three oversized bay doors, & built-in pallet racking, providing exceptional space for vehicles, ATVs, equipment, storage,or projects. A separate 18x21 storage building offers even more room for tools & lawn equipment. A covered breezeway provides two-car parking and connects the home to the impressive workshop. Outside, enjoy an automatic solar-powered gated entrance, full perimeter fencing, a dedicated chicken coop, covered front porch, expansive back patio, & plenty of room for horses, livestock, gardening, recreation, or simply relaxing. At just $499,900, opportunities like this are becoming increasingly rare. Finding a custom-built barndominium on 3.7 gated acres w. a workshop of this caliber, multiple outbuildings & the freedom of country living just minutes from town is hard to beat! Don't let this opportunity pass!

Investor Tools

Property Icon
$495,000
Estimated Property Value
$179,704Estimated Mortgage Balance
$315,661Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$575/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,419
$406,091
2025
$237,500
$306,178
$543,678
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,419
$406,091

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank Of Texas
Conventional
$201,860
No
First
Nov 2, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,704
$266,296
59%
36%
$1,211/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,211/mo
+$761/mo
4.8%

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.

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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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511 E Pecan Tree Rd | Property Details | No Agent List