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$404,900

512 E Parks Ave, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,679 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.16 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2.5Bathrooms Full 2.5
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Refrigerator
FlooringCarpet, Vinyl, Stone

Exterior

Exterior FeaturesLighting
Lot Size7,318 sqft

Building Information

Year Built2023
Stories2
Roof Type105
Garage Spaces2

Land Information

APN90.2002.035.003.00.112
Lot Number3
SubdivisionTown
Land UseResidential
Legal DescriptionLOT 3 BLK 35 & 36 TOWN .168 AC
Census Tract060400
Assessed Land Value$60,000
Assessed Improvement Value$241,565
Assessment Year2025

About this property

Beautiful, Craftman-style home by Colonial Restoration, built in 2023. The 3 bedrooms, two and a half bath, open concept plan features a custom kitchen with a spacious island, making it perfect for entertaining. You'll love the thoughtful upgrades, including a pot filler, pot drawers, baking sheet cabinet, farmhouse sink and extra storage cabinets under the island. The primary bedroom features Tres Ceilings and crown moldina with an ensuite bath. The primary bath offers an oversized shower with bench seating, dual sinks, a water closet, linen closet and a generous walk in closet with built in drawers and shelving. Also, on the main level are the laundry room with lots of cabinets and foldng space, mud area and a half bath. Vaulted ceilings in the living and dining areas enhance the open, airy feel of the home. Upstairs, you'll find two additional bedrooms with ceiling fans and one featuring built in bookshelves. There is a full bathroom between the bedrooms. Out back there is a finished out, detached 2 car garage and long driveway. Outside you will also enjoy the front and back covered porches and a lot with trees, the perfect places to start or end your day! Call for a showing today.

Investor Tools

Property Icon
$401,000
Estimated Property Value
$392,656Estimated Mortgage Balance
$23,682Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,429 /month
Positive
Cash Flow Estimate:
$810 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$739/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,866
$301,565
2025
$60,000
$241,565
$301,565
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,866
$301,565

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trustmark National Bank
Fha
$392,656
Yes
First
Mar 22, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$377,318
$23,682
5%
94%
$2,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$2,355/mo
$-383/mo
5.9%

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.

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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512 E Parks Ave | Property Details | No Agent List