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$489,000

519 Hiwasee Rd, Waxahachie, TX, 75165

$533,468 ARVInfo
On MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,689 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.85 / sqft
Year BuiltBuilt in 1991

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Microwave, Double Oven
FlooringCarpet, Laminate, Tile

Exterior

Exterior FeaturesDog Run, Rain Gutters, Storage
Lot Size1.03 acres

Building Information

Year Built1991
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00.8594.907.003.00.112
Lot Number3
SubdivisionTecumseh Park Estates #3
Land UseResidential
Legal DescriptionLOT 3 BLK G TECUMSEH PARK ESTATES #3 1.03 AC
Census Tract060219
Assessed Land Value$160,000
Assessed Improvement Value$267,067
Assessment Year2025

About this property

519 Hiwasee is not another cookie cutter option. Located outside the Waxahachie city limits in established Tecumseh Park Estates, this move-in ready home offers the kind of space and setting that feels harder and harder to find. Pull into the circle drive, notice the mature surroundings, and you'll immediately understand why this neighborhood has remained so sought after. Inside, thoughtful updates and a comfortable floor plan create a home that feels welcoming, and ready for real life. A new roof was installed in June 2026, and one of the home's hot water heaters was also replaced in June 2026, adding even more peace of mind. A HUGE back porch, this is where morning coffee turns into an extra cup, football games spill outside, friends gather for dinner, and quiet Texas evenings become your favorite part of the day. It's not just a covered patio—it's an outdoor living room waiting to be used. The extra-large 3-car garage gives you the kind of space you'll wonder how you ever lived without, with room for vehicles, storage, tools, hobbies, or weekend projects. The circle drive makes coming and going easy while adding to the home's inviting country-estate feel. Life in Tecumseh Park Estates offers a little more breathing room outside the city limits while keeping you connected to Waxahachie shopping, dining, schools, healthcare, and everyday conveniences. The neighborhood pond adds to the peaceful, established setting and gives this community a character all its own.

Investor Tools

Property Icon
$498,000
Estimated Property Value
$234,400Estimated Mortgage Balance
$307,901Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$533,468
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,988 /month
Positive
Cash Flow Estimate:
$996 /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
$538/month
$100/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,972
$427,067
2025
$160,000
$267,067
$427,067
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,972
$427,067

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Credit Line (Revolving) / Heloc
$234,400
No
First
Jun 13, 2017
Jul 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$190,099
$307,901
61%
38%
$1,406/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,506/mo
+$1,066/mo
6.2%

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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519 Hiwasee Rd | Property Details | No Agent List