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$575,000

515 Seneca Drive, Waxahachie, TX, 75165

On MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,927 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.45 / sqft
Year BuiltBuilt in 1998

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size1 acre

Building Information

Year Built1998
Stories1
Roof Type105
Garage Spaces6

Land Information

APN00.8596.913.004.00.112
Lot Number4
SubdivisionTecumseh Park Estates #4
Land UseResidential
Legal DescriptionLOT 4 BLK M TECUMSEH PARK ESTATES #4 1.0 AC
Census Tract060219
Assessed Land Value$160,000
Assessed Improvement Value$338,000
Assessment Year2025

About this property

Some homes impress you with square footage. Others impress you with how they live. Situated on more than an acre in one of North Waxahachie's most sought-after neighborhoods, this property offers the space, flexibility, & outdoor lifestyle that so many buyers are searching for. Mature shade trees, a welcoming approach, & a community pond create the kind of setting that feels established, peaceful, & increasingly difficult to find. Inside, the floor plan simply works. With 4 bedrooms, 2 living areas, & 2 dining spaces, there is room for everyone to spread out while still feeling connected. Whether you need a formal dining room, a home office, a playroom, a media space, or a second living area for multigenerational living, the flexible layout gives you options that adapt to your lifestyle. The standout feature is the kitchen. Spacious, beautifully updated, & designed for gathering, it offers abundant workspace, generous storage, & the kind of layout that naturally becomes the heart of the home. Whether you're hosting holiday dinners, helping with homework at the table, or entertaining friends, this is a space you'll actually use & enjoy. The primary suite provides a comfortable retreat, while the secondary bedrooms offer flexibility for family, guests, hobbies, or work-from-home needs. Step outside & you'll discover what makes this property truly special. The oversized back porch invites you to slow down and enjoy the view of your yard, morning coffee, & evening sunsets. Amazing oversized garage that can fit a long bed truck or boat! Established trees provide shade, privacy, & character that can't be replicated overnight. An RV cover & dedicated parking add convenience for travelers, hobbyists, & outdoor enthusiasts alike. Located in desirable North Waxahachie, you'll enjoy the best of both worlds—room to breathe with convenient access to Waxahachie schools, shopping, dining, healthcare, & major commuter routes. This is the opportunity you've been waiting for!

Investor Tools

Property Icon
$533,000
Estimated Property Value
$0Estimated Mortgage Balance
$213,967Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,450 /month
Positive
Cash Flow Estimate:
$1,150 /month

Interested in this property?

Melissa McClain

Coldwell Banker Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$720/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,972
$498,000
2025
$160,000
$338,000
$498,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,972
$498,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nations Direct Mortgage Llc
Va
$279,627
Yes
First
Feb 9, 2015
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$319,033
$213,967
40%
60%
$2,355/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$2,455/mo
+$117/mo
5.8%

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.

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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515 Seneca Drive | Property Details | No Agent List